Words and Phrases - "similar obligation"

a
83
b
44
c
75
d
50
e
38
f
31
g
18
h
14
i
72
j
2
k
2
l
32
m
54
n
25
o
38
p
79
q
3
r
75
s
88
t
46
u
15
v
9
w
22
y
2
“
1

4 April 1991 External T.I. 9104835 F - Interpretation of Bonds, Debentures, Notes or Similar Obligations

Summary Under
Tax Topics - Income Tax Regulations - Regulation 4900 - Subsection 4900(1) - Paragraph 4900(1)(c.1)
banker’s acceptances are not evidences of indebtedness of the issuer and, thus, are not a bond, debenture, note “or similar obligation”

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

[B]onds, debentures and...

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Words and Phrases
bond, debenture, note or similar obligation similar obligation