This course provides a high-level overview of personal tax planning considerations related to income splitting strategies and the application of attribution rules. Participants will examine the tax implications of capital property transfers between spouses, transfers of farming and fishing property to a child, and transfers of property from a corporation to a shareholder. The course also explores attribution rules applicable to transfers and loans involving minor children, trusts for designated persons, and non-arm’s length parties, including transfers for fair market value consideration and loans for value. Emphasis is placed on practical tax planning techniques for income splitting, with a focus on identifying planning opportunities and managing tax outcomes in common individual and family situations.

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: 

• Describe the attribution rules and the implications of the tax on split income rules. 

Topics include: 

• Income splitting 
• Capital property transferred between spouses 
• Transfer of farming and fishing property to child 
• Transfers of property from a corporation to a shareholder 
• Attribution rules 
• Transfers and loans to a minor child 
• Transfers for fair market value consideration, and loans for value 
• Transfers or loans to a trust for a designated person 
• Loans to any non-arm's length party 
• Tax planning techniques for income splitting 
• 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.