5 August 1990 Income Tax Severed Letter ACC9462 - Gifts to The Crown

By services, 22 July, 2022
Official title
Gifts to The Crown
Language
English
Document number
Citation name
ACC9462
Severed letter type
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
658048
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1990-08-05 08:00:00",
"field_tags": []
}
Main text
Colonel J.C. Brace
Base Commander
Canadian Forces Base Trenton           900344
Astra, Ontario                         W.P. Guglich
K0K 1B0                                (613) 957-2102

Attention: Captain A.N. Marcoux

This is in reply to your letter of January 16, 1990 wherein you requested our views as to whether donations to the 24(1) could be considered gifts to Her Majesty.

24(1)

It is our view that donations to the 24(1) could be considered gifts to Her Majesty for purposes of sections 110.1 and 118.1 of the Income Tax Act (the "Act"). Receipts may be issued, to provide proof of such gifts to Her Majesty, in accordance with subsections 110(2) and 118.1(2) of the Act and sections 3500 and 3501 of the Income Tax Regulations. A copy of section 3500 and 3501 of the Income Tax Regulations is attached for your convenience.

We note that the fund raising activities of the 24(1) should be conducted in such a way that ensures the donations are paid to the 24(1) itself (or to a responsible Crown official acting in his official capacity on behalf of the 24(1) and not to a separate entity which is merely assisting the 24(1)

We trust this will be of assistance to you.

Yours truly,

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