Minister of Finance announces decision to postpone issuing advance tax rulings on income trusts pending outcome of consultations
Securities and Mergers & Acquisitions Bulletin by Stephen Erlichman and Sean Stevens
September 2005
On September 19, 2005, the Minister of Finance announced that, effective immediately, the Canada Revenue Agency has postponed issuing any advance tax rulings with respect to income trusts and other flow-through entity structures pending the outcome of the recently announced consultations (described below) and until the Federal Government announces what measures it may take.
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