Income Tax - Income Splitting (On-Demand - CPA PRO)
Overview
Participants will examine income-splitting opportunities and restrictions in the Canadian Income Tax Act, with a practical focus on how the expanded Tax on Split Income (TOSI) regime affects families, private corporations, and common planning structures. Participants will analyze traditional prohibitions, rules that expressly allow splitting, and the impact of the TOSI rules through practical examples and CRA commentary.
Access expires 180 days from purchase date |
Applicable for
Learning Objectives
By the end of this course, participants should be able to:
- Apply traditional Income Tax Act provisions that restrict or explicitly allow income splitting.
- Apply the expanded TOSI rules to a range of fact patterns.
- Identify legacy techniques that no longer work and recognize viable current strategies.
- Advise on practical income-splitting approaches and related documentation.
Content
Topics include:
- Introduction to income-splitting concepts and planning context
- Non-TOSI restrictions: common attribution rules (e.g., ss. 74.1–74.3, 56(4.1)), and reasonableness (s. 67)
- Permissive rules/structures: CPP sharing and pension splitting, spousal RRSPs, RESPs, RDSPs, TFSAs, fair-market-value transfers, and loans for value
- Expanded TOSI framework: impact of new rules on business owners and their families, exclusions for minors and adults (including age-based tests, excluded business, excluded shares, reasonable return)
- Application of TOSI to various scenarios (basic and advanced)
- Strategy toolkit: traditional income splitting methods that still work and new requirements in light of TOSI
Course Content Created: September 2026
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Jennifer Reid, CPA, CGA, TEPAbout 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
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 3.5
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 5
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
Income Tax - Income Splitting (On-Demand - CPA PRO)
- 3.5
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 5
- Credits
Overview
Participants will examine income-splitting opportunities and restrictions in the Canadian Income Tax Act, with a practical focus on how the expanded Tax on Split Income (TOSI) regime affects families, private corporations, and common planning structures. Participants will analyze traditional prohibitions, rules that expressly allow splitting, and the impact of the TOSI rules through practical examples and CRA commentary.
Access expires 180 days from purchase date |
Applicable for
Learning Objectives
By the end of this course, participants should be able to:
- Apply traditional Income Tax Act provisions that restrict or explicitly allow income splitting.
- Apply the expanded TOSI rules to a range of fact patterns.
- Identify legacy techniques that no longer work and recognize viable current strategies.
- Advise on practical income-splitting approaches and related documentation.
Content
Topics include:
- Introduction to income-splitting concepts and planning context
- Non-TOSI restrictions: common attribution rules (e.g., ss. 74.1–74.3, 56(4.1)), and reasonableness (s. 67)
- Permissive rules/structures: CPP sharing and pension splitting, spousal RRSPs, RESPs, RDSPs, TFSAs, fair-market-value transfers, and loans for value
- Expanded TOSI framework: impact of new rules on business owners and their families, exclusions for minors and adults (including age-based tests, excluded business, excluded shares, reasonable return)
- Application of TOSI to various scenarios (basic and advanced)
- Strategy toolkit: traditional income splitting methods that still work and new requirements in light of TOSI
Course Content Created: September 2026
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Jennifer Reid, CPA, CGA, TEPAbout 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
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.