11 January 1990 Income Tax Severed Letter AC8033 - Restricted Farm Losses

By services, 22 July, 2022
Official title
Restricted Farm Losses
Language
English
Document number
Citation name
AC8033
Severed letter type
Miscellaneous
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
656912
Extra import data
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"field_release_date_new": "1990-01-11 07:00:00",
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Main text

JAN 11 1990

B.J. Bryson, Acting Director         Specialty Rulings
Current Amendments and                 Directorate
  Regulations Division               C. Tremblay
                                     (613) 957-2095
                                     8-0339A

Subsection 31(1) of the Income Tax Act

Enclosed is a memorandum from the Appeals Branch concerning questions submitted from a legal firm to the Department of Justice requesting their views on the objective of subsection 31(1) of the Act. We note that Appeals has already consulted with the Department of Finance.

In our opinion, the Appeals Branch has adequately reviewed the subsection. However, we request any comments you may wish to add. Should you have any comments, please reply directly to the Appeals Branch, with a copy to us for our records.

B.W. Dath Director Business and General Division Specialty Rulings Directorate Legislative and Intergovernmental Affairs Branch