This full-day seminar provides a comprehensive review of various anti-avoidance provisions designed to prevent or discourage aggressive tax planning. The day includes an examination of the general anti-avoidance rule, shareholder benefit provisions, arm’s length relationships, expense deductibility, inadequate consideration, attribution provisions, stop-loss provisions, surplus stripping, association and more. Factual scenarios are provided in the materials that address objectives, statutory provisions, case law, results and risk analysis.
By the end of this course, participants will be able to:
Understand and identify the application of various anti-avoidance provisions in ITA
Gain a greater understanding of tax planning techniques involving:
- Restructuring asset profiles
- Sale of a business
- Use of partnerships
- Use of trusts
Managing tax avoidance risks
Inter-provincial planning [appendix only]
General anti-avoidance rule
Shareholder benefit provisions
Arm’s length relationships
Surplus stripping, association etc.
Use of partnerships
Use of trusts
WHO WILL BENEFIT?
This seminar is ideally suited to practitioners with a strong Canadian tax planning background who wish to add value to existing and potential client relationships by giving consideration to potential tax and estate planning opportunities.
Participants should have a good knowledge of personal and corporate income tax.
Time: 9:30am - 6:00pm
Passport - 1 Day
CPD Hours - 7