CRA publishes its position on standard convertible debentures

2 July 2014 - 9:07am
Email this ContentEmail this Content

CRA has published its statements at the 2013 annual CTF Conference that the interest coupons, and any premium realized, on "standard" convertible debentures are not participating interest.

Neal Armstrong. Summary of 26 November 2013 Annual CTF Roundtable, Q. 8, 2013-0509061C6 under s. 212(3) – participating interest.