Gain an in-depth overview of complex foreign reporting and filings for Canadians such as the “New” T1134 filings to report investment in foreign affiliates, T106 filings to report transactions with related Non-Residents and T1135 filings for disclosure of foreign properties.

Advisory: This session is scheduled to be recorded and made available for sale as part of our PD On-demand inventory. The recording will focus solely on the instructor's video and discussions that do not pertain directly to the course content will be edited out.

The seminar discusses possible penalties for failure to file, some tips, some traps and how to identify possible tax issues when completing these complex forms. In addition, we will discuss the red flags that can raise a CRA audit. The seminar also offers an overview of the CRA’s voluntary disclosure program (VDP). We will discuss the purpose and objective of VDP, conditions of a valid application and the two categories of VDP.  

Tax professionals who would like an overview of Canada’s international tax system; advise Canadian and foreign companies on cross-border taxation issues; provide services to the cross-border client; work at a Canadian or foreign multinational company as a tax manager or director; or work in a government setting that deals with international tax. 

• principal and purpose of VDP and the five conditions for a valid VDP application 
• limited and general program under the VDP 
• overview of Form T1134 filings requirements and obligations  
• how to identify tax issues and exposures when preparing/reviewing T1134, T106 and T1135 foreign reporting forms 
• step by step guide to preparing T1134, T106 and T1135 
• what to look for when preparing these forms and how to identify CRA audit red flags? 

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.