15 January 2007 Internal T.I. 2006-0216801I7 - Redemption of US $ Denominated Shares -- summary under Subsection 84(3)

Confirmation of a previous position that in light of the MacMillan Bloedel decision, CRA intends to assess any redemption of foreign-currency-denominated redeemable and retractable preferred shares on the basis that s. 39(2) applies to the issuer corporation.

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Topic
Income Tax Act - s. 84(3)
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
309596
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
345876
Extra import data
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"field_legacy_header": "15 January 2007 TI 2006-021680"
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Publish with parent