Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
The legislation relating to the taxation of investment holding corporations has undergone a number of significant changes over the past several years. This course will review these and other changes using a number of examples and case studies, as well as examine the issues faced by many clients – should I maintain or wind up my investment corporation?
Using examples, this course will provide detailed coverage of the significant changes to the taxation of investment holding corporations and their impact, including the introduction of the passive income rules (which can impact the availability of the small business deduction of any associated corporations), the change in the RDTOH rules resulting in two pots of refundable tax, and the general increase in the tax rate for corporate investment income. Planning considerations will also be addressed, including the advantages that may still be provided by using an investment holding corporation, and the implications for winding up or maintaining an existing investment holding corporation.
TOPICS INCLUDE
- Advantages of an investment holding corporation when to implement
- Integration, tax rates, and related issues
- Income splitting and estate freezes possible with an investment holding corporation?
- The passive income rules
- RDTOH eligible and non-eligible pots and dividends
- Existing investment holding corporations wind up or retain?
NOTE: This course description has been revised and reflects updates for 2024. If you have any questions, please contact pdevents@cpaontario.ca.
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Key Takeaways
By the end of this course, participants will be able to:
- Apply the passive income rules to client situations
- Consider planning alternatives for the passive income rules
- Determine when to use the eligible and non-eligible RDTOH balances
- Analyze the implications for winding up or maintaining an investment holding corporation
- Know when to use an investment holding corporation (even with the recent tax changes)
Who Will Benefit
This course is intended for practitioners with private company clients who have accumulated, or expect to accumulate over time, significant corporate owned non-operating (i.e.. passive investment) assets.
The course is useful for internal accountants of private companies, including those who work for, or within, a family office.
Prerequisite Knowledge
A basic understanding of corporate taxation.
How to Access The Course
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To access the course on your computer please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.