Advanced Corporate Income Tax Training
Corporate tax Select advanced course, designed based on most requested corporate tax areas from other tax preparers. Tax preparers who are practicing corporate income tax can have an opportunity to advise on complex corporate tax areas and generate high-quality revenues in the long run.
course details
Course Delivery |
In-Person & face-to-face |
Course Trainer |
Maroof H. Sabriel, CPA, CA. |
Duration and Dates |
October 21st, 2023. 5 weeks with 2-3 hrs sessions each Saturday. The total number of in-person hours is 10hrs. |
Location |
202-1200 Bay Street, Downtown Toronto ON M5R 2A5*. |
Course Fee |
$2,000/- + HST. Please use your promo or discount codes at check out. |
Who should attend?
Tax preparers who are already preparing corporate tax returns and looking to improve the quality of their revenues and clients.
This course involves some of complex tax areas so a sound knowledge of individual income tax and corporate income tax return preparation process is critical.
Key Topics and Areas
Corporate Income Tax – Select Advanced Training course has below key topics and areas:
- Revisiting the corporate income tax return preparation and the common mistakes tax preparers make as a preamble to the forthcoming training sessions.
- Earning investment income in CCPCs. Taxation of passive income earned in corporations.
- Taxation of Intercorporate dividends
- Tax planning around tiered corporate structures, i.e. Holdco/Opco. Tax-deferred rollovers with an in-depth study of Sec 85(1), both in theory and practice. Using the real-life data, prepare a complete section 85(1) rollover.
- Purification and crystallization of lifetime capital gain exemption.
- Owner Manager Remuneration, a deep dive into Salary, bonuses, and management analysis.
- One of the misunderstood areas of corporate tax is shareholder loans and benefits. An in-depth dive into the shareholder loans and benefits with an emphasis on subsection 15(2). Interest-free and low-interest loans. Benefits available to an owner-manager and tax-deferred plans.
- Practical and real-life examples so that participants can take maximum advantage in their practice.