5 May 2010 External T.I. 2010-0359791E5 F - Significant increase - redemption of shares -- attach -- Subparagraph 55(3)(a)(ii)

s. 55(3)(a)(ii) or (v) likely applicable where related shareholder’s prefs are partially redeemed - even if matching partial redemption of arm’s length pref shareholder 1 hr later