2009 Ruling 2008-0300102R3 - Deductibility of interest -- summary under Paragraph 143.3(3)(a)

ACO, a public corporation, issues Notes the interest on which may at ACO's option be satisfied by issuing preferred shares with an aggregate redemption value and stated capital equal to the amount of the interest otherwise payable in cash.

Opinion that proposed s. 143.3(3) will not apply to re-determine the amount of interest otherwise deductible by ACO.

Topics and taglines
Topic
Income Tax Act - s. 143.3(3)(a)
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
306420
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
342372
Extra import data
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