T2 Update for Corporate Taxprep Users – June 2021, Recorded Webinar, Available June 30, 2021

$179.00
In stock
SKU#
W2UE21-98J9

The webinar will include a number of topics to get you up to date. Such as:

Corporate Tax & Form Updates for Federal & Provincial forms. Filing Deadlines review. Reminders regarding recently enacted legislation including a review of the passive income rules and the reporting on the forms. A T2-AFR Review – getting the most out of the CRA Download. A T2 COVID-19 Tax Planning Update for Businesses – advising your corporate clientele how to assess any remaining subsidies. Also, how to best support your customers when the CRA Audits appear and, advising customers within corporate related groups. You will also see Software Productivity Tips.

 

Join our expert team from Mowbrey Gil LLP for a broad overview of the taxation of capital gains.  The webinar will also highlight some considerations and traps to watch for, using a helpful detailed case study. Ancillary issues related to losses and reserves will be discussed, and the most common exemption from the taxation of capital gains - for sales of principal residences - will also be covered.

More specifically, topics covered will include:

  • History of capital gains
    • Why did they tax capital gains?
    • Inclusion rates – 1971 to 2019
    • Why did the inclusion rate change from 75% to 50%?
  • What is a capital gain? Capital vs. income
    • Case study – why facts matter
    • Disposition of Canadian Securities – subsection 39(4) election
  • Types of a capital property
    • Personal Use Property
    • Depreciable property
    • Capital property
  • Capital Gain Reserve
  • Loss restrictions
  • Real property and Principle Residence Exemption (“PRE”)
  • Target Audience

    This webinar will be of most interest to accountants, tax practitioners, and financial planners. 

    Professional Development Credits

    WoltersKluwer 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.

    Registrations for each Live Webinar are available until the start of each program. We reserve the right to substitute speakers in the case of instructor illness. In the event that we must cancel a Live Webinar, all registrants will be notified immediately and given the opportunity to either transfer their registration to another Live Webinar or a Recorded Webinar or obtain a refund. For all Live Webinars that are recorded, participants will have access to the recording for three months following the Live Webinar. Partial credit will not be awarded for attendees that are not present for the entirety of the Live Webinar. Credit will not be awarded if an attendee does not answer all of the polling questions (where applicable). Additional credit will not be awarded due to the instructor presenting over the allotted time.

This webinar is being presented by Brad Berry, Seanna Weir and Jaspreet Sidhu of Mowbrey Gil LLP:

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FormatRecorded Webinar