Canadian Corporate Tax & Personal Tax - Complete Guide

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.