The Canada Revenue Agency plans to review the arrangement involving Cervus LP and Vasogen Inc. in October 2009 where Cervus LP converted from a limited partnership to the current corporate structure.
CRA has not issued a reassessment of Cervus Equipment Corp. tax filings nor has it proposed to issue a reassessment. Cervus said in a release it is confident in its tax‐filing position and intends to defend the position if CFA issues a notice of reassessment.
