Retractable or Mandatorily Redeemable Shares Issued in a Tax Planning Arrangement (RoMRS)

Per paragraph .23 of Section 3856, Financial Instruments1, when an entity issues retractable or mandatorily redeemable shares in a tax planning arrangement2 (RoMRS), it may choose to present those shares at par, stated or assigned value as a separate line item in the equity section of the Balance Sheet only when certain conditions are met:

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