Administrative Policy
22 December 2003 External T.I. 2003-0000125 F - TITRE DE CREANCE INDEXE
stripped indexed coupons were indexed debt obligations but would not give rise to excluded payments
Also released under document number 2003-00001250.
Regarding coupons which are stripped from an indexed bond, CRA indicated that the coupons would each be indexed debt obligations, but that the payments on maturity would not qualify as excluded payments.
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Regulations - Regulation 7001 - Subsection 7001(1) | detailed illustration | 15 |
| Tax Topics - Income Tax Regulations - Regulation 7001 - Subsection 7001(7) - Excluded Payment | stripped indexed coupons did not give rise to excluded payments because no single fixed rate | 52 |
| Tax Topics - Income Tax Regulations - Regulation 201 - Subsection 201(4.1) | reporting of inflation adjustments on indexed bonds | 144 |
| Tax Topics - Income Tax Act - Section 20 - Subsection 20(14) | application of s. 20(14) to indexed debt obligation | 143 |