1 November 1990 Income Tax Severed Letter

By services, 22 July, 2022
Language
English
Document number
Severed letter type
Miscellaneous
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
656950
Extra import data
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"field_external_guid": [
"menu:://Federal Income Tax [CCH Tax ]/Tax Window Files/Tax Window Files/Tax Window Files/1990s/1990 [NV90_433 - OC90_200.201]/NV90_373 — Assessment under General Anti-avoidance Rule"
],
"field_proprietary_citation": [],
"field_release_date_new": "1990-11-01 07:00:00",
"field_tags": []
}
Main text

24(1)

                                                      File 903115

Q.12 Assessments under section 245

Has Revenue Canada implemented any procedures designed to ensure that GAAR will be applied in a consistent manner?

Department's Position

As indicated in paragraph 2 of Information Circular 88-2, any proposed assessment involving the application of the general anti-avoidance rule in section 245 will be reviewed by Revenue Canada, Taxation Head Office in order to ensure that the rule will be applied in a consistent manner.

Prepared by: Jake E. Harms

November 9, 1990