Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
NOTE: Please note that this course is open for registrations but will not be available until April 27, 2023.
"Taxes are easy!" Said no one, ever.
It would be much more accurate to say that taxes are complicated. And yet, paying income tax in Canada is an annual reality for all businesses and individuals. How exactly income tax is levied is often a source of misunderstanding amongst both taxpayers and their advisors.
This half-day seminar covers the foundations of income taxation in Canada, with a particular focus on application in Ontario from a provincial perspective.
TOPICS INCLUDE
Who pays income tax in Canada?
- Distinction between residents and non-residents
- Implications for individuals, corporations, partnerships, trusts
- Filing requirements
Who is a resident of Canada for income tax purposes?
- Application for individuals, corporations, partnerships, trusts
- Changes in residency status
What types of income are subject to income tax?
- Characterization of income sources
- Differences between individuals and corporations
- Reporting implications
How are income taxes computed?
- Personal tax rates/brackets (Federal and Ontario) for 2022 & 2023
- Corporate tax rates (Federal and Ontario) for 2022 & 2023
- Reporting implications
- Examples of application
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 Seminar policies can be found here.