A Podcast Series – Retractable or Mandatorily Redeemable Shares Issued in a Tax Planning Arrangement

Addressing Implementation Questions

Hear Armand Capisciolto, Vice-Chair of the Accounting Standards Board (AcSB), discuss implementation questions on the amendments to Section 3856, Financial Instruments, relating to retractable or mandatorily redeemable shares issued in a tax planning arrangement.

The Podcasts

• Control Condition – Podcast #1
  Hear about how to apply the “control condition” as Armand navigates through examples to highlight some of the judgements that apply to this condition.
  See the visual examples from the podcast in the full script here.
    
• No consideration other than shares – Podcast #2
  Hear about how to apply the “no consideration other than shares condition” as Armand navigates through an example to demonstrate application of this condition.
  See the visual examples from the podcast in the full script here.
     
• Redemption schedule and the option to classify redeemables as a liability – Podcast #3
  Hear about how to apply the “redemption schedule” when only some of the redeemable shares are subject to a redemption schedule. Also, learn about what judgements to consider when a tax planning arrangement is undertaken in a series of transactions and how to apply the guidance on the option to classify redeemables as a financial liability.
  See the full script here.