Dates and location
Hours
Dates and location
Hours
Description
Part 2Foundations and Corporate Classification is part 1 of 4 of the CPA Ontario Tax Primer. Foundations and Corporate Classification provides a clear, confidence building introduction to the Canadian income tax system, focusing on who is subject to tax and how taxpayers are classified. Learners gain a strong conceptual framework for understanding residency, tax liability, and corporate classifications that directly affect tax outcomes. By the end of this part, learners will have the essential foundation needed to navigate more complex income and compliance topics with clarity.
Topics Include:
- Overview of the Canadian income tax system and course orientation
- Liability for income tax in Canada, including residents, non residents, and exempt entities
- Residency rules for individuals, corporations, trusts, and partnerships
- Primary, secondary, and deemed residency concepts
- Impact of tax treaties on residency determinations
- Classification of corporations for tax purposes:
- Public corporations
- Private corporations
- Canadian‑controlled private corporations (CCPCs)
- Small business corporations (SBCs)
- Introduction to control concepts relevant to corporate classification
Part 1 of the CPA Ontario Tax Primer lays the foundation for understanding Canadian income tax. To continue building your knowledge—from income determination and capital rules to corporate tax reporting—proceed to Part 2, Part 3, and Part 4 of the CPA Ontario Tax Primer, where these concepts are developed and applied in greater depth.
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Who Will benefit
- Professionals new to Canadian taxation looking for a structured and accessible starting point.
- CPAs and finance professionals seeking a refresher on core residency and corporate concepts
- Corporate, finance, and advisory professionals who need to understand who is taxable and why
- Learners preparing to progress confidently into income determination and corporate tax topics
- Non tax specialists who need practical tax literacy for informed decision making
Key Takeaways
By the end of this course, participants will be able to:
- Clearly understand who is subject to Canadian income tax and on what basis.
- Confidently distinguish between resident and non resident tax treatment
- Recognize how residency and corporate status drive tax rates and incentives
- Build a strong foundation for income calculation, capital gains, and corporate tax compliance
- Approach later modules with greater confidence and context
Disclaimer
The views expressed in the course are non-authoritative and have not been formally endorsed by CPA Ontario and do not reflect the views of CPA Ontario. The information included in the course if for general information purposes only.
CPA Ontario, the presenters and the authors do not accept any responsibility or liability that might occur directly or indirectly as a consequence of the use or application of or reliance on this material.
How to Access the Course
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Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker
Alex Garber, CPA, CA, MTax has been in public practice since 2004, specializing in income taxation for Canadian owner-managed businesses and their shareholders. Alex started his career with Deloitte & Touche LLP in Toronto. He is currently an independent tax advisor, assisting various clients, sole-practitioners and CPA firms in the Greater Toronto Area. Alex has a particular passion for tax education. He is an adjunct professor at the Schulich School of Business at York University, teaching taxation to both undergraduate and master's students, where he has won multiple awards for outstanding teaching. Alex also delivers PD seminars for CPA Ontario and is a frequent speaker at various conferences and training sessions on the topic of income taxation in Canada