Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
NOTE: No updates or changes were made to the 2023 version of this course. If you completed the course in 2021 or 2022, please be advised the 2023 course material has not changed. If you have any questions, please contact pdevents@cpaontario.ca.
This course provides a practical approach and guidance on identifying, planning, documenting, and implementing reorganizations of private corporate groups.
Those involved with reorganizing private corporations need to consider a wide range of technical rules, develop a plan that meets the client’s objectives, navigate the practical challenges of implementing the plan, and communicate the plan to other professionals. Participants will apply this approach using mini-cases throughout the course. A brief high-level review of Income Tax Act (ITA) sections and other common technical rules will be provided, but participants should have a good working knowledge of these rules.
TOPICS INCLUDE
Topics covered in this course include:
- The collection and evaluation of client information and objectives
- The identification of alternatives and development of a plan
- A high-level review of key technical Income Tax Act provisions, including Section 85, QSBC rules, Section 55, Part IV tax, Stop-loss rules, and Attribution rules and TOSI
- Loss utilization and employee buy-in
LEARNING OBJECTIVES
By the end of this course, participants should be able to:
- Identify problems with corporate structures and develop alternatives.
- Identify and analyze income tax rules that can impact the proposed transactions.
- Prepare a structured plan to implement a reorganization.
PREREQUISITE KNOWLEDGE
An understanding of the basic Income Tax Act sections that are commonly used in reorganizations, including Sections 85 and 86, as well as related and associated corporation rules.
Prior attendance in the course Corporate Restructuring – Fundamentals and Corporate Tax – Small Business Deduction & Private Corporate Groups is recommended.
WHO WILL BENEFIT
Although most tax professionals would benefit from this seminar, it particularly targets practitioners and managers involved in reorganizations or tax planning for groups of privately held companies.
How to Access The Course
To access the course 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.