Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
Participants will examine income‑splitting opportunities and restrictions in the Canadian Income Tax Act, with a practical focus on how the expanded Tax on Split Income (TOSI) regime affects families, private corporations, and common planning structures. Participants will analyze traditional prohibitions, rules that expressly allow splitting, and the impact of the TOSI rules through practical examples and CRA commentary.
Topics include:
- Introduction to income‑splitting concepts and planning context.
- Non‑TOSI restrictions: common attribution rules (e.g., ss. 74.1–74.3, 56(4.1)), and reasonableness (s. 67).
- Permissive rules/structures: CPP sharing and pension splitting, spousal RRSPs, RESPs, RDSPs, TFSAs, fair‑market‑value transfers, and loans for value.
- Expanded TOSI framework: impact of new rules on business owners and their families, exclusions for minors and adults (including age‑based tests, excluded business, excluded shares, reasonable return).
- Application of TOSI to various scenarios (basic and advanced).
- Strategy toolkit: traditional income splitting methods that still work and new requirements in light of TOSI.
NOTE: This course description has been revised and reflects updates for 2026. If you have any questions, please contact pdevents@cpaontario.ca.
To access your course, visit the CPA Ontario Blackboard site and sign in using the same username and password used for the Registration Portal.
Important: Course access begins on the date of purchase and remains available for the Access Time specified for the course under Dates and Location. Please review the access time before purchasing. Note that it may take up to 15 minutes after registration for the course to appear in Blackboard.
Registration, cancellation, withdrawal, and other CPA Ontario PD policies can be found here.
Key Takeaways
By the end of this course, participants should be able to:
- Apply traditional Income Tax Act provisions that restrict or explicitly allow income splitting.
- Understand the expanded TOSI rules and apply them to a range of fact patterns.
- Identify legacy techniques that no longer work and recognize viable current strategies.
- Advise on practical income‑splitting approaches and related documentation.
Who Will Benefit
- CPAs with solid income tax fundamentals who advise individuals, professionals, or business owners on income‑splitting matters.
Prerequisite(s)
- Prior exposure to income‑splitting or owner‑manager remuneration planning (recommended).
How to Access the Course
To access your course in Blackboard, please follow these steps:
- Go to https://pdlms.cpaontario.ca
- Select ‘Ontario’ from login menu
- Sign in using the same login credentials used to register for the course
- Navigate to your course to access the content
Important: Your course access time begins on the date of purchase and remains available for the duration noted above. Please note that it may take up to 15 minutes after registration for the course to appear in Blackboard.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.