Income Tax - Advanced Planning Strategies (On-Demand - CPA PRO)
Overview
Like a tightrope walker demonstrating exquisite balance, income tax planning requires practitioners to help clients pay the lowest amount of tax while staying on the right side of the law and within the guidelines of the Income Tax Act (ITA). This practical in-depth course provides a comprehensive review of various anti-avoidance provisions designed to prevent or discourage aggressive tax planning through the presentation of factual scenarios that address objectives, statutory provisions, current case law, and risk analysis. The course will enable you to understand and identify various tax planning opportunities for your clients, while navigating the application of various anti-avoidance provisions in the ITA.
Access expires 180 days from purchase date |
Course Description
Applicable for
Learning Objectives
- identify and analyze tax risks in a variety of tax and estate planning scenarios
- identify tax planning opportunities for individuals, corporations, trusts and partnerships, particularly within the private enterprise sphere
- identify relationships between individuals, corporations, trusts and partnerships and analyze how those relationships affect the tax implications of various transactions
- compare the tax impact of various structures available to achieve a client’s business or estate planning objectives
Content
- managing tax avoidance risks, including the following:
- general anti-avoidance rule
- arm’s length relationships
- planning for tax on split Income
- attribution provisions
- stop-loss provisions
- surplus stripping (Section 84.1) in factual non-arm’s length circumstances
- subsection 55(2)
- five categories of tax planning strategies: restructuring asset profiles, sale of business, use of partnerships, use of trusts and general tax planning for private corporations and their shareholders
- interprovincial planning
Course Content Created: November 2024
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 While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur.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
Mike Harris, LL.BAbout 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
- 7
- CPD Hours
- 1
- 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.
Income Tax - Advanced Planning Strategies (On-Demand - CPA PRO)
- 7
- CPD Hours
- 1
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Overview
Like a tightrope walker demonstrating exquisite balance, income tax planning requires practitioners to help clients pay the lowest amount of tax while staying on the right side of the law and within the guidelines of the Income Tax Act (ITA). This practical in-depth course provides a comprehensive review of various anti-avoidance provisions designed to prevent or discourage aggressive tax planning through the presentation of factual scenarios that address objectives, statutory provisions, current case law, and risk analysis. The course will enable you to understand and identify various tax planning opportunities for your clients, while navigating the application of various anti-avoidance provisions in the ITA.
Access expires 180 days from purchase date |
Course Description
Applicable for
Learning Objectives
- identify and analyze tax risks in a variety of tax and estate planning scenarios
- identify tax planning opportunities for individuals, corporations, trusts and partnerships, particularly within the private enterprise sphere
- identify relationships between individuals, corporations, trusts and partnerships and analyze how those relationships affect the tax implications of various transactions
- compare the tax impact of various structures available to achieve a client’s business or estate planning objectives
Content
- managing tax avoidance risks, including the following:
- general anti-avoidance rule
- arm’s length relationships
- planning for tax on split Income
- attribution provisions
- stop-loss provisions
- surplus stripping (Section 84.1) in factual non-arm’s length circumstances
- subsection 55(2)
- five categories of tax planning strategies: restructuring asset profiles, sale of business, use of partnerships, use of trusts and general tax planning for private corporations and their shareholders
- interprovincial planning
Course Content Created: November 2024
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
Mike Harris, LL.BAbout 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.