2012 Ruling 2011-0431481R3 - Short-term and Taxable Preferred Share -- summary under Taxable Preferred Share

following the approval of its shareholders for a winding-up and liquidation of a corporation, its common shares would not be taxable preferred shares under s. (f) of the definition thereof nor short-term preferred shares under ss. (a)(i) and (e)(i) of the definition thereof.