Kim G C Moody and Kenneth Keung discuss changes to preferred shares and how they should be treated for accounting purposes. This relates back a March 29th blog post.

TaxBreaks

Episode 019 – You Mean Preferred Shares Have to be Treated as a Liability on My Company’s Balance Sheet?

Moodys has one single focus: tax. It is all we talk about, so it seemed natural to start capturing some of those conversations to share with you.  Podcasts are just natural conversations that happen to take place in front of a microphone, so we decided to launch TaxBreaks, a podcast where where many difficult tax issues are translated into plain English and discussed in a open and frank manner. Our podcast will feature informed discussion, lively debate, and sometimes a little lighthearted fun, around issues concerning tax in Canada, the US, and around the world.  Please note that the opinions expressed are solely our own and do not express the views or opinions of the CRA, IRS or any other federal agency or tax governing bodies. Moodys – tax well solved.

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TaxBreaks