Participants will learn the tax pathways for closing a corporation—taxable wind-ups, tax-deferred wind-ups, and amalgamations—and how each route affects the corporation and its shareholders. Participants will apply a planning-first approach to timing, losses, distributions, and compliance steps to minimize risk and optimize outcomes.

• Professionals who plan for or execute corporate shutdowns (dissolutions, windups, amalgamations).
• Practitioners advising private corporations within corporate groups on end-of-life structuring and compliance.

• Distinguish among taxable wind-ups, tax-deferred wind-ups, and amalgamations, and select an appropriate route for a given fact pattern.
• Identify key tax consequences for the corporation (e.g., asset dispositions, year-end and payroll effects, loss preservation) and for shareholders (e.g., winding-up dividends, share dispositions, stop-loss rules).
• Apply planning considerations such as the “bump,” paid-up capital and ACB impacts, and debt forgiveness interactions.
• Outline compliance steps and risk mitigations, including clearance certificates, refund/interest topics, and post-dissolution assessments.

• Shutting-down alternatives: taxable wind-ups, tax-deferred wind-ups, and amalgamations—core mechanics and decision factors.
• Corporate-level consequences: dividend treatment vs. share dispositions, asset sales, anti-avoidance considerations, taxation year changes, losses, and payroll items.
• Planning tools and traps: the “bump,” PUC and ACB issues, stop-loss rules, and debt forgiveness.
• Shareholder considerations: winding-up dividends, capital loss utilization, timing, and documentation.
• Compliance wrap-up: clearance certificates, liability for tax debts, refunds and interest deductibility, and other administrative matters.
• Case-based applications comparing shutdown alternatives.

Live webinars have varying levels of expected interaction, with some requiring microphone and camera capabilities to support a proper learning experience – please email pdreg@bccpa.ca if you have concerns. 

In general, we encourage participants to have their cameras turned on to enhance their virtual learning experience. This practice promotes a stronger connection with the instructor and fellow participants, and fosters improved communication and collaboration.

Live Webinar FAQs can be found here.  

Registration terms and conditions, including the cancellation policy can be found here. If you require further assistance, please contact the PD Department.