5-8902
J.D. Jones
19(1) 957-2104DEC 14 1989
Dear Sirs:
Re: Child Support Sections 56 and 60 of the Income Tax Act
This is in reply to your letter of October 12, 1989 wherein you requested our opinion on the income tax treatment of maintenance payments in the following situation.
24(1) We would comment at the outset that we are reluctant to express an opinion about the transaction without having reviewed the relevant documentation. Nevertheless, based upon the assumption that the 24(1)
We trust our comments are of assistance to you.
Yours truly,
for Director Business and General Division Specialty Rulings Directorate Legislative and Intergovernmental Affairs Branch