Canadian Corporate Tax & Personal Tax - Complete Guide
Learn about Canadian Taxation for individuals and businesses
Description
In-depth review of Canadian Tax
This course is a complete detailed guide on Canadian Income Tax and covers all aspects of personal and corporate income taxation. In it we have talked about Partnerships, Trusts, Corporations and Individuals. We have highlighted the income tax act and tax liability.
What you will learn?
In-depth understanding about the Canadian Income Tax for individuals and corporations
Numerous detailed examples for better understanding related to complex topics
Tax tables, charts and formulas and several examples
Learn sources of income in detail and deductions to calculate Federal Tax
Test/Criteria for distinguishing between an employee and a contractor
Method to calculate employment income/ property income and business income
Learn how to calculate Capital Cost Allowance, Capital Gain and Losses, Deferred Income Plans RRSP, TFSA, RESP, Division C Deductions, Payable taxes, and much more
What happens when businesses are financially troubled.
Learn all the steps on sale of asset/ purchase of business
Understand the rules of association in detail
Learn about double taxation and ITA 69, ITA 73 and Income attribution
Scientific Research and Experimental Development
Transfer Pricing
Acquisition of Control
Incorporation of a Proprietorship — Section 85 Rollover and other tax-free rollovers, amalgamations and wind-ups
Purchase and Sale of Assets Versus Shares
The general anti-avoidance rule (GAAR)
Shareholder Manager Remuneration/ Tax on Split Income
Stakeholder Relationships – Associated, Affiliated, and Connected Taxpayers
Non-Arm’s Length Transactions / Individuals Corporation and Examples.
What You Will Learn!
- Complete detailed guide on Canadian Income Tax
- Canadian corporate and personal taxation
- Business income, deductions and limitations
- Employment income and tax credits
- Other advance tax topics on sales, purchase or business and shareholder salary dividend planning
Who Should Attend!
- Accountants, Bookkeepers, finance professionals
- CPA students and new immigrants to Canada