Participants will gain practical, up-to-date knowledge of Canadian income tax considerations when purchasing, selling, or transferring a privately held Canadian business.

• Practitioners, industry professionals, and owners or key executives of privately held Canadian businesses seeking advanced technical and practical tax knowledge related to purchase, sale, or succession.
• Tax professionals who want to deepen their understanding of transactional income tax issues and engage in practical discussions with an experienced practitioner. 

• Identify income-tax-related considerations for purchasers and vendors of Canadian private businesses while upholding ethical standards and professional independence.
• Explain key tax concepts before, during, and after a transaction, including due diligence, structuring, and compliance obligations.
• Evaluate the tax impacts of alternative structures (e.g., share vs. asset transactions) to participate effectively in negotiations for both buyers and sellers.
• Apply recent legislative and interpretive developments to planning, advisory, and compliance work.
• Recognize common risks, pitfalls, and opportunities for tax savings in acquisitions, sales, and succession planning.

• Commercial considerations: motivations to sell, valuation, due diligence, financing, and the role of tax professionals.
• Comparative tax implications of share versus asset transactions, including acquisition of control and asset basis bump.
• Capital gains treatment, capital gains deduction, rollovers, and anti-avoidance rules (e.g., sections 55 and 84.1).
• Transactions involving non-residents and public corporations; allocation of purchase price and treatment of specific assets.
• Intra-family and intergenerational transfers; related/affiliated and not-at-arm’s-length considerations.
• Other issues: restrictive covenants, interest expense and EIFEL, vendor take-back financing, earnouts, employee share options, retiring allowances/IPPs, employee ownership trusts (EOTs), TOSI, and GST/PST.
• Scenario-based case studies comparing structures and illustrating major concepts. 

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.