Comment letter deadline on ED Retractable or Mandatorily Redeemable Shares Issued in a Tax Planning Arrangement
On September 29, 2017, the Accounting Standards Board (AcSB) issued an Exposure Draft re-examining the accounting for retractable or mandatorily redeemable shares issued in a tax planning arrangement (formerly Redeemable Preferred Shares Issued in a Tax Planning Arrangement) under Part II of the CPA Canada- Handbook.
Stakeholders are encouraged to submit their comments by January 15, 2018.