Question: please explain the term and explain the Tax implications for following: 1)forced conversion on a convertible debt issues in a RRSP account 2) A $1000
please explain the term and explain the Tax implications for following:
1)forced conversion on a convertible debt issues in a RRSP account 2) A $1000 corporate bond from ABC Ltd, with a convertible bond feature, is converted into 60 common shares of ABC Ltd.
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