Income Tax - Consequences to Avoid (OC)
In the world of tax, even straightforward and seemingly benign situations can trigger adverse income tax repercussions. Accordingly, this seminar will equip participants with the skills to identify, prevent, and manage such outcomes. NOTE: This course runs each morning 8:30am - 12:00pm
OBJECTIVE:
To deliver the seminar in a realistic manner, the session introduces topics by starting with common transactions or events before presenting the unfortunate tax result. Subsequently, the seminar explains the income tax rules and reasons behind the negative result ensuing from each situation. Participants receive suggestions to manage and mitigate the problem as well as tips for recognizing relevant precursors and triggers. Finally, the seminar provides participants with notes that elaborate on detailed background information for each situation.
WHO WILL BENEFIT:
Although most tax practitioners will benefit from this seminar, the session particularly targets CPAs—not specialized in tax—who work in an environment with income tax consequences.
LEARNING OUTCOMES:
Participants enrolled in the seminar will gain the ability to
- identify triggering conditions of income tax rules which might apply in common transactions,
- recognize the significance of the applicable income tax rules,
- assess the degree of exposure to adverse consequences; and evaluate the potential impact, and
- strategize to prevent, manage or mitigate unintended income tax outcomes.
PREREQUISITE:
Participants enrolled in this seminar should possess a working knowledge of general corporate and personal income tax
NOTE:
This course runs each morning 8:30am - 12:00pm
COURSE LEADER: ALEX GARBER, CPA, CA, MTax
| Course Code |
OC2029 |
| Passport Credit |
4 |
| Price |
$360 |
| CPD |
Estimated Hours: Total - 7 |
| Competency |
Taxation |
| Course Level |
Intermediate |
Registration not available.