1. Presentation

    2. Recording

About this course

  • $170.00
  • 2 CPD hours
  • November 14, 2023

Course description

This course will cover:

1. Pre-Close Dividends and Part IV Tax Trap:

  • Intercorporate dividends paid through a family trust in the year of close are potentially subject to part IV tax, even if the two companies are connected at the time of payment.
  • Identifying situations that contain this trap and potential work around strategies

    2. Sale of a Business in Conjunction with Bill C-208

  • Discussion of Bill C-208 and how it impacts section 55
  • Unresolved issues with the wording of Bill C-208
  • Practical applications of Bill C-208

    3. Related Party Butterfly

  • Use of a Related Party Butterfly under 55(3)(a)
  • Identifying situations where a 55(3)(a) butterfly would not work and potential work around strategies

    • Instructor(s)

    Manu Kakkar

    Manu has over 20 years of experience in taxation in both domestic and international, personal, and corporate taxation as well as expert witness reports and testimony. He is an award winning and prolific tax writer. His Master of Taxation thesis on butterfly reorganizations won 2 awards and was published in the Canadian Tax Journal. Manu has published and presented over 450 tax articles and presentations since 2001 across Canada. Manu is an authority in taxation as his name has been cited 41 times in the Income Tax Act.

    Boris Volfovsky

    Partner, CPA, CA
    Boris has over 17 years of experience in public practice. Before becoming a partner at CPA Solutions LLP Boris worked at one of the big four national firms as a senior tax manager in the private enterprise group.

    Boris has vast experience in working with owner managers and their small, medium and large private corporations across industries.

    In addition Boris is also involved in the tax community through the facilitation of the In-Depth tax courses, facilitation of tax week under the former School of Accountancy and through presenting on various tax topics at YDCPAA, PD Consortium and AJAG.