CRA is not inclined at this time to take the position that standard convertible debentures would in general constitute "excluded debt obligations" pursuant to paragraph 214(8)(c) of the ITA. …In any event, the application of paragraph 214(8)(c) of the ITA in the context of standard convertible debentures becomes academic when the excess determined under subsection 214(7) of the ITA does not constitute "participating debt interest" and the issuer and holders of the convertible debentures deal at arm's length.
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Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
307994
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
343764
Extra import data
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