CPA Canada advises the Canada Revenue Agency on convertible debentures

Learn about Chartered Professional Accountants of Canada (CPA Canada)’s position on the challenges caused by current convertible debenture laws and how to address them, in this letter to the Canada Revenue Agency (CRA).

Get your downloadable electronic copy.

Download Now

CPA Canada has shared its input on the CRA’s potential application of Part XIII withholding tax to convertible debentures issued by Canadian resident issuers. Developed by the Joint Committee on Taxation of the Canadian Bar Association and CPA Canada, this May 10, 2010 letter to the CRA explains the technical tax uncertainty currently facing issuers and potential investors of convertible debentures, and suggests two alternative positions that might alleviate this issue.


Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.

Our Firm Directory allows you to search for Canadian CPA firms using our interactive map as well as other criteria.

You’re in the eye of the storm amid a swirl of slips, forms and receipts. Chart your way through tax-time turbulence with these updates and resources.