29 March 1990 Income Tax Severed Letter 5-9566 - [80% Food and Entertainment Expense Limitation, Paragraph 67.1(2)(e) of the Income Tax Act (the "Act")]

By services, 22 July, 2022
Official title
[80% Food and Entertainment Expense Limitation, Paragraph 67.1(2)(e) of the Income Tax Act (the "Act")]
Language
English
Document number
Citation name
5-9566
Severed letter type
Miscellaneous
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
657316
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1990-03-29 07:00:00",
"field_tags": []
}
Main text

J.D. Jones (613) 957-2104

March 29, 1990

Dear Sirs:

Re: 80% Food and Entertainment Expense Limitation Paragraph 67.1(2)(e) of the Income Tax Act (the "Act")

This is in reply to your letter of February 6, 1990, wherein you requested we review the information concerning the interpretation of paragraph 67.1(2)(e) of the Act as set out in our previous letter of June 6,1989, and provide you with any updated comments.

We have reviewed the comments contained in our previous letter and advise we have made the Department of Finance aware of the points you have raised but are unable to provide you with a definitive reply with respect to the specific situations raised in your letter.

We regret we are unable to be of assistance.

Yours truly,

for Director Business and General Division Specialty Rulings Directorate Legislative and Intergovernmental Affairs Branch