Online Seminar

Corporate Tax - Review of Tax Planning

DEC 15 - Dec 20, 2022

Online

DATE

DEC 15 - DEC 20

2022

TIME

8:30 AM - 12:30 PM

WHO CAN ATTEND

All

PD HOURS

14 Hours

ETHICS HOURS

0 Hours

STATUS

Registration open until

Dec 12, 2022

EVENT DESCRIPTION

FLASH SALE Now Until December 11 receive 25% off ALL December Seminars


NOTE: This course description has been revised and reflects updates for 2022. If you have any questions, please contact pdevents@cpaontario.ca

SCHEDULE

  • Thursday, December 15, 8:30am to 12:30pm
  • Friday, December 16, 8:30am to 12:30pm
  • Monday, December 19, 8:30am to 12:30pm
  • Tuesday, December 20, 8:30am to 12:30pm

This two-day seminar in corporate tax is designed for those who desire to update and refresh their knowledge in both technical and tax planning issues for corporations.  Although corporate taxation of both public and private corporations is reviewed, the primary focus is on the taxation of private companies.

As much as people tend to think otherwise, memory is not infallible. Fortunately, tax professionals have the opportunity to relearn foundational material in the context of new changes (and we know how often the government loves to change things). This two-day seminar in corporate tax updates technical and tax planning issues for corporations, thus providing practitioners with a refresher on these topics. Although the seminar reviews taxation for public and private corporations, the session primary focuses on the taxation of private companies. You will receive detailed course materials covering a broad range of corporate tax topics, which serve as an invaluable future reference. In addition to receiving presentation material, you will work through case studies covering a wide range of corporate tax issues, collaborate with their peers, and share issues impacting their clients.

This seminar not only provides a review of issues relating to corporate taxpayers but also expands your knowledge about recent changes. Participants working with these taxpayers require an understanding of corporate tax legislation and its proper application.

Topics Include:

   
  • The Income Tax Act (ITA) as it relates to corporations
  • Determination of residency
  • Calculation of corporate taxes
  • Various sources of income, including active business income, investment income, specified investment business income, and personal service business income
  • Uncommon income items and deductions
  • Commonly used corporate reorganization provisions: the use of the Section 85 rollover; Section 86 capital reorganization; Section 87 amalgamation; Section 88 wind-up
  • Section 84.1 and Section 55(2) anti-avoidance provisions
  • Corporate attribution
  • Loss utilization
  • Owner/manager remuneration planning
  • Estate planning
  • Issues for buy-sell agreements as well as the purchase and sale of business
  • Acquisition of control
  • Debt forgiveness

Please note, this seminar does not cover the preparation of corporate tax returns.

There will be a final quiz to test your knowledge at the end of the course.

  • Evaluate residency of a corporation and its liability for taxes in Canada.
  • Explain the calculation of corporate taxes payable.
  • Explain various corporate reorganization provisions.
  • Assist clients with various tax planning issues including but not limited to, remuneration planning, estate planning, and purchase and sale of business.
  •    

This seminar will particularly benefit practitioners involved in corporate tax matters for private corporations and that desire to expand or refresh their knowledge of corporate tax.

Individuals registering for this seminar require the following knowledge:

  • Corporate Tax – Compliance & Planning in T2 Preparation
  • Working experience with the preparation of corporate tax returns
  • Moderate tax planning experience.

PRICING

25% Discount Applied until Dec 12, 2022

$486.75 Personal Passport

$570.00 Organization Passport

$623.25 Member

$623.25 Student

$788.25 Public

Status: Registration open until Dec 12, 2022

LOCATION

Online

SPEAKER(S) BIO

Haroon Khan, CPA, CA, CPA (Illinois) is a Corporate Tax Director at Ryan LLC. Haroon has significant experience in advising owner-manager as well as Public corporations on domestic, international tax and tax accounting matters. He is extremely passionate about teaching and has over 8 years of University and professional teaching experience. He is currently a lecturer at Schulich School of Business and also a session leader for various CPA Canada courses.

SPECIAL INSTRUCTIONS

This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.

Electronic material can be accessed one week prior to the course at https://pdlms.cpaontario.ca/ and should be downloaded in advance.

Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.