Corporate Tax - RDTOH, CDA and Other Tax Accounts (VO)
The seminar provides a detailed review of the key tax accounts for private corporations and examines tax planning processes in the case of multiple tax accounts.
Watch a qualified CPA instructor teaching the course and access a copy of the same course material that is provided to attendees of an in-person session.
After registering for a Video on Demand course, CPA Saskatchewan will send you information on how to access the course within 2 business days.
Click HERE for more information on Video-On-Demand courses.
Tax planners and practitioners will need to address and manage a multitude of tax accounts for corporations that require consideration both alone and in combination, including eligible and ineligible dividends, eligible RDTOH accounts, and more. The seminar presents a common framework for considering GRIP, LRIP, CDA, and the three RDTOH pools, so that participants can apply their understanding of these pools for effective tax planning. Because integration represents an important part of Canada’s income tax system for private corporations, the seminar reviews notional tax pools to provide participants with practical exposure to integration. The seminar includes a series of short cases that demonstrate complex issues involving multiple tax accounts.
WHO WILL BENEFIT:
Although all tax practitioners may benefit from this session, the seminar targets professionals involved in tax planning for privately held companies and their shareholders.
By the end of the seminar, participants should be able to:
- describe the key attributes that need to be considered for the various notional tax pools,
- explain how to calculate the balance for GRIP, RDTOH, ERDTOH, NERDTOH, and CDA,
- develop an annual tax plan that makes use of the notional tax pools, and
- explain how transactions that impact one pool might impact another.
Familiarity with existing tax rules in the Income Tax Act.
||Estimated Hours: Total - 3.5