IT187- Customer lists and ledger accounts

NO: IT-187 DATE: November 12, 1974 SUBJECT: INCOME TAX ACT Customer Lists and Ledger Accounts REFERENCE: Paragraph 18(1)(b) (also paragraphs 20(1)(a) and 14(5)(b)) This bulletin replaces and cancels Interpretation Bulletin IT-33 dated September 17, 1971. 1. A taxpayer who acquires lists or ledger accounts of clients, customers or subscribers must determine whether the cost of acquisition […]

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