bond, debenture, note or similar obligation

4 May 2006 Roundtable, 2005-0161541C6 F - Placements admissibles - dépôts -- summary under Paragraph 4900(1)(c.1)

Is a guaranteed investment certificate or term deposit denominated in Canadian or foreign currency issued by a bank in Canada or a trust company a qualified investment for an RRSP? Before going on to refer to other potential grounds of qualification, CRA stated:

4 April 1991 External T.I. 9104835 F - Interpretation of Bonds, Debentures, Notes or Similar Obligations -- summary under Paragraph 4900(1)(c.1)

In finding that banker’s acceptances were not qualified investments under former s. 204(e)(iii), Revenue Canada stated:

Term Tree

Excise Tax Act Go
General Concepts Go
Income Tax Act Go
Income Tax Application Rules Go
Income Tax Regulations Go
Other Legislation/Constitution Go
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