Upstream
Whitecap Receives Reassessment Notice From Tax Agency; Company Intends To Defend
Whitecap Resources Inc. has received a letter from the Canada Revenue Agency (CRA) advising that, subject to submissions by Whitecap, the CRA is proposing to reassess a former subsidiary of Whitecap to deny non-capital loss deductions relevant to the calculation of income taxes for the years 2018 and 2019.
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