Corporate Restructuring - Section 85: Transfer of Property (Live Webinar - Multi Segment)
Overview
Participants will learn how to plan and execute rollover transfers of property to a corporation under Section 85, including eligibility, agreed-amount limits, consideration mechanics, and filing requirements. Participants will apply concepts through practical examples and case-style scenarios, with attention to interactions with anti-avoidance provisions and common traps.
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This course has offering(s) that take place over multiple segments:
|
Applicable for
- Tax professionals and practitioners who plan, document, or file Section 85 rollover transactions.
- Preparers and reviewers responsible for T2057 elections and related documentation.
Learning Objectives
- Identify the conditions to make a valid Section 85 election and determine eligible property.
- Set the agreed amount within upper and lower limits and compute resulting tax attributes.
- Determine the cost and legal characteristics of consideration (including paid-up capital) received on rollover.
- Recognize relevant anti-avoidance rules and manage filing requirements, deadlines, and penalties for elections.
Content
- Purpose and general application of Section 85; comparison with Section 85.1.
- Conditions of application: transferor, transferee, eligible property, and types of consideration.
- Agreed-amount mechanics: upper and lower limits, specific exceptions, and planning implications.
- Cost of consideration and other rules: ACB allocation, shifting ACB, selected subsections affecting results.
- Anti-avoidance landscape: paid-up capital adjustments, section 84.1, affiliated-person and loss-restriction considerations, and other targeted rules.
- Election logistics: requirements, deadlines, late/amended filings, and penalty framework.
- Case-based application and provincial agreed-amount considerations.
Course Dates & Registration
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Jennifer Reid, CPA, CGA, TEP is a Partner in People Advisory Services Tax at EY in Calgary. Jennifer specializes in assisting private clients with international tax and estate planning issues such as immigration and emigration, dual citizenship considerations, foreign inheritance and foreign investment and asset ownership. Jennifer also assists in designing meaningful executive compensation plans where cross border considerations are front of mind. Jennifer has practiced tax services in Calgary for over 16 years, with a focus on private companies and their owners, as well as trusts and estates. She has experience assisting clients in planning their estate, including considerations such as insurance, trust and probate planning, cross-border planning as well as in transitioning businesses to the next generation or new owners in a tax-efficient manner. Jennifer’s previous experience in Big Four and boutique tax groups, as well as unique experience gained in leading a wealth planning group at a financial institution, allows her to take a holistic approach to tax planning for entrepreneurial and high net worth clients.Improving Your Virtual Learning Experience
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.
- 7
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 10
- 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.
Corporate Restructuring - Section 85: Transfer of Property (Live Webinar - Multi Segment)
- 7
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Overview
Participants will learn how to plan and execute rollover transfers of property to a corporation under Section 85, including eligibility, agreed-amount limits, consideration mechanics, and filing requirements. Participants will apply concepts through practical examples and case-style scenarios, with attention to interactions with anti-avoidance provisions and common traps.
|
This course has offering(s) that take place over multiple segments:
|
Applicable for
- Tax professionals and practitioners who plan, document, or file Section 85 rollover transactions.
- Preparers and reviewers responsible for T2057 elections and related documentation.
Learning Objectives
- Identify the conditions to make a valid Section 85 election and determine eligible property.
- Set the agreed amount within upper and lower limits and compute resulting tax attributes.
- Determine the cost and legal characteristics of consideration (including paid-up capital) received on rollover.
- Recognize relevant anti-avoidance rules and manage filing requirements, deadlines, and penalties for elections.
Content
- Purpose and general application of Section 85; comparison with Section 85.1.
- Conditions of application: transferor, transferee, eligible property, and types of consideration.
- Agreed-amount mechanics: upper and lower limits, specific exceptions, and planning implications.
- Cost of consideration and other rules: ACB allocation, shifting ACB, selected subsections affecting results.
- Anti-avoidance landscape: paid-up capital adjustments, section 84.1, affiliated-person and loss-restriction considerations, and other targeted rules.
- Election logistics: requirements, deadlines, late/amended filings, and penalty framework.
- Case-based application and provincial agreed-amount considerations.
Course Dates & Registration
Jennifer Reid, CPA, CGA, TEP is a Partner in People Advisory Services Tax at EY in Calgary. Jennifer specializes in assisting private clients with international tax and estate planning issues such as immigration and emigration, dual citizenship considerations, foreign inheritance and foreign investment and asset ownership. Jennifer also assists in designing meaningful executive compensation plans where cross border considerations are front of mind. Jennifer has practiced tax services in Calgary for over 16 years, with a focus on private companies and their owners, as well as trusts and estates. She has experience assisting clients in planning their estate, including considerations such as insurance, trust and probate planning, cross-border planning as well as in transitioning businesses to the next generation or new owners in a tax-efficient manner. Jennifer’s previous experience in Big Four and boutique tax groups, as well as unique experience gained in leading a wealth planning group at a financial institution, allows her to take a holistic approach to tax planning for entrepreneurial and high net worth clients.Improving Your Virtual Learning Experience
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.
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.