Course content

    1. Presentation

    2. Recording

About this course

  • $69.00
  • 2 CPD hours
  • December 9, 2021

Course Description

With federal budget deficits in the billions of dollars because of the unprecedented various Covid-19 economic stimulus spending initiatives, significant increases in tax rates is now not an “if” but a “when”?

Surplus stripping techniques are methods where corporate surplus is removed tax efficiently from a corporation at (currently) lower taxed capital gains rates as opposed to (currently) higher taxed personal dividend rates. This opportunity will likely disappear in the very near future. An overview of the case law, CRA rulings and practical examples of surplus stripping shall be discussed in this course. As well the most up-to-date Bill C-208 (or another incarnation) and its ramifications on intergenerational transfers/surplus stripping will also be discussed.

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.