On July 18, 2017, the Department of Finance released a consultation paper entitled "Tax Planning Using Private Corporations". The paper itself is not such a surprise - the Federal government had vowed in the 2017 federal budget to address tax planning and the use of private corporations - however, the degree to which the proposals extend are significantly more far-reaching than anticipated. The paper calls for a consultation period until October 2, 2017 which may result in modifications to the proposed changes.
Join the professionals from Minden Gross for a summary of the proposed changes to tax planning involving the use of private corporations, and how your clients might be affected by these proposed changes.
More specifically, topics covered will include:
· Changes to income splitting using private corporations
· Changes to the rules relating to the availability of the Lifetime Capital Gains Exemption
· Changes to the taxation of passive investment income in private corporations
· Restrictions to the conversion of income to capital gains
This webinar will be of most relevance to accountants, tax practitioners and lawyers, and will also be of interest to those involved in estate or financial planning.
Professional Development Credits
Wolters Kluwer Canada professional development programs are designed to meet the continuing education requirements of a variety of professional associations. These requirements do vary by association and region. Please consult your provincial association to ensure this webinar meets the continuing professional development standards for your specific situation.
This Webinar Includes:
This webinar is being presented by Minden Gross:
Joan Jung http://mindengross.com/our-people/details/joan-jungMichael Goldberg http://mindengross.com/our-people/details/michael-goldbergSamantha Prasad http://mindengross.com/our-people/details/samantha-prasadMatthew Getzler http://mindengross.com/our-people/details/matthew-getzlerRyan Chua http://www.mindengross.com/our-people/details/ryan-chua