18 June 2015 STEP Roundtable Q. 3, 2015-0572201C6 - 2015 STEP Q3 Redeemable Preferred Shares and 18(4) -- summary under Paragraph (a)

Does the position in 9619120 still apply? CRA responded:

It continues to be the position of the CRA that the classification of a financial instrument (e.g. a redeemable preferred share) as debt or equity for the purposes of subsection 18(4) will be based on its legal form regardless of its accounting classification.

Topics and taglines
Topic
Income Tax Act - s. 18(5) - Equity Amount - (a)
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
325576
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
343099
Extra import data
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