Build a Strong Foundation in Canadian Taxation and Corporate Tax Reporting. The General Tax & Capital Gains Bundle provides a structured, end-to-end introduction to the core principles of Canadian taxation. Combining all four parts of the CPA Ontario Tax Primer, this bundle guides learners from the fundamentals of tax liability and residency through income determination, capital asset taxation, capital gains, and corporate tax reporting. Designed for professionals who are new to taxation, transitioning into tax-related roles, or seeking a practical refresher, this bundle delivers a clear and progressive learning experience that connects technical tax concepts to real-world business and compliance applications. Participants will develop a comprehensive understanding of how taxable income is determined, how capital transactions are treated, and how tax information ultimately flows into corporate reporting requirements. Through practical examples and focused explanations, learners will build the confidence needed to understand, interpret, and apply the rules of the Canadian income tax system

Courses Include:

• Foundations and Corporate Classification
  Establish a strong understanding of the Canadian income tax system by exploring who is subject to taxation and how different taxpayers are classified. Participants will learn the principles of Canadian tax residency, tax liability, and corporate classifications, including public corporations, private corporations, Canadian-controlled private corporations (CCPCs), and small business corporations (SBCs). The course also introduces key control concepts that influence tax treatment and planning opportunities.
   
• Income Classification & ITA Framework
  Learn how income is identified, categorized, and measured under the Income Tax Act. This course explores the structure of Canadian tax legislation, the relationship between accounting income and taxable income, and the treatment of different forms of business income. Participants will gain practical insight into common inclusions, deductions, statutory limitations, and the reconciliation process from accounting profit to taxable income..
   
• Capital & Property Rules
  Develop a practical understanding of the tax treatment of capital assets and investment income. Participants will explore capital cost allowance (CCA), depreciation differences, acquisition and disposition rules, recapture, terminal losses, property income, dividends, interest income, and related deductions. The course emphasizes both the technical rules and the reasoning behind them, helping learners confidently navigate common tax situations involving capital assets and investments..
   
• Capital Gains & Corporate Tax Reporting
  Bring together the concepts learned throughout the program by examining capital gains taxation and corporate tax compliance. Participants will learn how to distinguish capital gains from business income, calculate capital gains and allowable capital losses, apply inclusion rates and netting rules, and understand the treatment of specific capital properties. The course also provides a practical overview of the T2 Corporation Income Tax Return, including filing requirements, deadlines, and the flow of income and tax information through key schedules..
   

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Upon completion of this bundle, learners will gain:

• Understand the fundamental structure of the Canadian income tax system.
• Determine who is subject to Canadian tax and how residency affects tax obligations.
• Distinguish between resident and non-resident taxpayers and understand treaty considerations.
• Identify different corporate classifications and understand their tax implications.
• Navigate the structure and application of the Income Tax Act.
• Differentiate between accounting income and taxable income and perform basic income reconciliations.
• Identify business income, property income, capital income, and their respective tax treatments.
• Apply capital cost allowance (CCA) rules, including acquisition, disposition, recapture, and terminal loss provisions.
• Calculate capital gains and allowable capital losses and understand their effect on taxable income.
• Distinguish capital transactions from business transactions for tax purposes.
• Understand how income, deductions, and capital transactions flow into corporate tax reporting.
• Interpret the purpose, structure, and reporting requirements of the T2 Corporation Income Tax Return.