This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

ASPE briefing: Retractable or mandatorily redeemable shares issued in a tax planning arrangement

Published on: Mar 30, 2019

This ASPE briefing highlights key changes resulting from the amendments to Section 3856, Financial Instruments regarding retractable or mandatorily redeemable shares issued in a tax planning arrangement. These Handbook amendments to Section 3856 are effective for annual periods beginning on or after January 1, 2020.

Topics include:

  • what are retractable or mandatorily redeemable shares issued in a tax planning arrangement
  • when to classify such shares as equity and when to classify as debt
  • how to measure retractable or mandatorily redeemable shares issued in a tax planning arrangement
  • presentation and disclosure requirements related to such shares
  • transitional considerations and the date for which the Handbook amendments to Section 3856 take effect

Download

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.