Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This course bridges the gap between theory and practice in Canadian corporate taxation. It walks participants through the full corporate tax lifecycle from understanding CCPC status, tax rates, and Part I & IV taxes to making real-world shareholder decisions around salary, dividends, and tax-efficient withdrawals. Through structured explanations, computations, and a practical software-based case, participants gain confidence in advising owner-managed corporations while avoiding common compliance and planning traps.
Topics Include:
- Taxation System in Canada
- Acronyms and Terms in Canadian Tax
- Types of Business Entities
- Types of Corporations for Tax Purposes
- Part I & IV Tax, RDTOH and Dividend Refunds
- Shareholder Compensation, PUC and ACB
- Shareholder Loan Rules & Appropriations
- Income or Loss from a Business & Types of Losses
Note: There are no software requirements for this course.
Unlock learning anytime, anywhere with the Blackboard Learn app
Seamlessly access your on demand courses, assignments, and get PD hours on the go. Learn how to download now and elevate your education experience with the convenience of mobile learning.
Key Takeaways
Upon completion of this course, learners will be able to:
- Develop an in-depth understanding of the Canadian taxation system.
- Apply CCPC-specific rules in real-world scenarios, including Small Business Deduction (SBD) limitations.
- Understand dividend entitlement and share structure planning, including who can legally receive dividends, how share ownership affects taxation, and why multiple classes of shares are critical for tax planning, flexibility, and CRA defensibility.
- Perform salary vs. dividend computations to evaluate and recommend the most tax-efficient shareholder compensation strategy.
- Identify taxable and non-taxable shareholder withdrawals, including the use of Capital Dividend Account (CDA) and Paid-Up Capital (PUC) returns.
- Navigate shareholder loan and appropriation rules under subsections 15(1), 15(2), and Tax on Split Income (TOSI), with a focus on avoiding common CRA reassessments and compliance pitfalls.
- Gain hands-on experience completing a real corporate tax case using tax software, including preparation of GIFI schedules and key corporate schedules such as Schedule 1-9, 23, 50, and others—mirroring real-life CPA practice.
Who Will Benefit
This course is ideal for CPAs, CPA candidates, tax accountants, and finance professionals at a junior to intermediate level who prepare T2 returns or advise owner-managed businesses on compensation and tax planning.
How to Access the Course
New mobile learning! Download Blackboard Learn from your app store (iOS or Android). Learn more.
To access the course on your computer please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Haroon Khan, CPA, CA, U.S. CPA is a founding partner of IC Tax & Accounting Solutions with over 15 years of experience in public accounting and corporate tax advisory. His professional background includes senior roles at large public accounting firms, where he worked on mergers and acquisitions, international inbound structures, and cross-border Canada–U.S. tax matters. He specializes in Canadian corporate taxation, shareholder compensation planning, and advising owner-managed businesses. Haroon is both a Canadian CPA, CA and a U.S. CPA (Illinois) and has completed all three parts of CPA Canada’s In-Depth Tax Program. He is an experienced educator and regularly teaches CPAs through CPA Canada Professional Development programs and other advanced tax training initiatives.