Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This certificate is designed for tax practitioners, accountants, lawyers, financial professionals and other advisors who want to develop practical knowledge of Canadian trust and estate taxation, planning, and compliance. Participants will learn the foundations of trusts, trust taxation and income computation, beneficiary taxation, designations, attribution, TOSI, the 21-year rule, and trust reporting obligations. The program also covers practical family trust planning, estate freezes, multiplication of the Lifetime Capital Gains Exemption (LCGE), death of a taxpayer, Graduated Rate Estates (GREs), post-mortem planning, and the preparation of a T3 Trust Income Tax and Information Return using tax software. The program emphasizes practical application, current trust reporting requirements, and issues relevant to the 2027 compliance season.
Speak to an Advisor
To speak to an advisor, please book here.
Schedule
| Date & Time | Module | Topics |
|---|---|---|
|
On- Demand |
|
|
| February 19, 2027 9:00 am - 12:00 pm |
Module 2 Virtual (On Zoom) |
|
| February 22, 2027 9:00 am - 12:30 pm |
|
|
Live Instruction: 6.5 Hours
Asynchronous Learning: 3.5 Hours
Key Takeaways
- Build a strong foundation in the legal and tax concepts underlying trusts, including the roles of settlors, trustees, and beneficiaries.
- Explain how trusts are taxed under the Income Tax Act, including trust residency, property transfers, income characterization, deductible expenses, and income computation under sections 104-108.
- Examine the taxation of beneficiaries, including discretionary and non-discretionary distributions and the use of capital gain, dividend, and capital dividend designations.
- Explain the attribution rules and TOSI considerations that can affect trust planning and income allocations.
- Provide practical guidance on the 21-year deemed disposition rule, subsection 75(2), and planning around the upcoming 21-year anniversary.
- Develop an understanding of new trust reporting requirements, filing obligations, deadlines, penalties, trustee liability, and the changes affecting the 2027 compliance season.
- Examine how family trusts can be used in estate freeze strategies and the multiplication of the Lifetime Capital Gains Exemption (LCGE).
- Explain the key tax issues arising on the death of a taxpayer, including the final return, rights-or-things election, Graduated Rate Estate, pipeline planning, and subsection 164(6) loss carryback planning.
- Provide practical, software-based experience in preparing a T3 Trust Income Tax and Information Return for a family trust under the new trust reporting rules.
- Help participants apply trust and estate tax rules in practical planning and compliance situations through examples and case studies.
Earn a Digital Badge
Our new collection of digital badges can be earned through the completion of any of our certificate programs offered in our professional development catalogue. Collect these digital badges to add to your website, social profiles, email signature and more. These badges are an easy way to visually communicate your skills and accomplishments to your peers and network. Digital badges will be awarded based on course completion requirements.
Who Will Benefit
- Tax practitioners and tax advisors
- Accountants and public practitioners
- Lawyers and legal professionals involved in trust and estate matters
- Financial planners and wealth advisors
- Estate planning professionals
- Professionals advising owner-managers and family businesses
- Accountants preparing T3 Trust Income Tax and Information Returns
- Professionals looking to strengthen their practical knowledge of trust taxation, estate planning, and trust compliance
Need Approval to Attend
Attendance Requirements
To earn your CPD hours you must attend all live sessions. We understand that sometimes unplanned absences happen. Please reach out to our Operations Team if you're unable to attend a session as scheduled. To earn a Digital Badge, you must meet the attendance requirements outlined above.
How to Access the Course
This is an instructor led virtual certificate program. To ensure a smooth experience, we recommend logging in five minutes before the scheduled start time of each session.
To help you prepare, please check Blackboard at least two business days before your course starts for the Zoom link, schedule, and materials.
You can find information on registration, cancellation, withdrawal and all other CPA Ontario PD policies here.
Speaker(s)
Haroon Khan is an experienced tax professional, having served over 14 years at the world’s leading accounting firms, including the Big 4, as Senior Tax Manager and Tax Partner. Haroon obtained his BBA degree from U of T before qualifying as a CPA, CA in Canada and as a U.S. CPA. He has also completed all three parts of CPA Canada’s In-Depth Tax Program. Haroon is a passionate instructor. He develops and trains fellow tax professionals as an instructor with various CPA Canada educational programs, including Professional Development seminars, Professional Education, and In-Depth Tax Programs. He is also a lecturer at the Schulich School of Business, where he has taught both MBA and BBA students.