This course provides a high-level overview of personal tax planning considerations related to investment and capital transactions. Participants will examine the taxation of income from property, capital gains and losses, adjusted cost base calculations, reserves where proceeds are not due, and the treatment of bad debts and shares in bankrupt corporations. The course also explores the interrelationship of loss on debt rules, denial of capital losses, reasonable allocation under section 68, and transfers involving inadequate consideration under section 69. Change of use of property rules. Use of capital gains exemption. The course emphasizes practical planning insights to help identify opportunities and manage tax outcomes in common individual and family scenarios.

ADVISORY

This course was previously part of Personal Tax – Review of Tax Planning, which has since been divided into standalone courses. This modularization approach allows members to choose only the content most relevant to their needs. Here are all the courses that were split from Personal Tax - Review of Tax Planning. Please note that availability of offerings may vary throughout the year, and some courses are available only in On-Demand format. 

For members who require the complete curriculum, the full Personal Tax – Review of Tax Planning course remains available in On-Demand format. 

• Professionals involved in personal tax who want a structured refresher on planning concepts. 
• Practitioners supporting individuals, family trusts, and owner-managers seeking up-to-date, practical guidance. 

By the end of this course, participants should be able to: 

• Evaluate planning opportunities for individuals with investment income and how to minimize taxes within a group of related parties. 

Topics include:

• Investment and capital transactions 
• Income from property 
• Capital gains and losses 
• Adjusted cost base 
• Reserve where proceeds not due 
• Bad debts/shares in bankrupt corporations 
• Interrelationship of loss on debt rules 
• Denial of capital loss 
• S.68 - Reasonable allocation 
• S.69 Inadequate considerations 
• Various inter-family rollovers 
• Various rollover transfers to corporations or partnerships 
• Capital gains deferral – eligible small business investments 
• Principal residence 
• Personal use property (“PUP”) 
• Listed personal property 
• Change of use rules 
• Deemed disposition on death 
• Deemed disposition on ceasing to be a Canadian resident 
• Capital gains exemption 
• Canadian entrepreneurs incentive 
• Note: this course does not review the detailed preparation of a personal tax return. 
  
  

Course Content Created: August 2026

Presenter

About This Product

On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.

Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.

Please note that not all on-demand courses include downloadable materials such as course notes or slides.

How to get started

After completing your purchase, go to mylms.bccpa.ca. Log in using your CPABC Online Services credentials. Click Go to Your Courses and Materials to access your Learning Center. Select your course title to begin.