Redeemable Preferred Shares - AcSB

Date recorded:

At its meeting on March 22-23, 2016, the AcSB received a summary of the additional analysis conducted relating to the scope of the classification exception and the characteristics of tax planning arrangements, as well as feedback from the Private Enterprise Advisory Committee on that analysis.  In addition, the AcSB discussed alternative bases under which a classification exception might be considered.  In that regard, the AcSB directed the staff to further explore the viability of a classification exception on the basis of retention of control over the enterprise, as advised by the Committee.

Review the executive summary on the AcSB's Web site.

Correction list for hyphenation

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