Back to Seminars

Seminar Library


December 7, 2012

Enter the password for this seminar to access the Webinar and Power Point

Email is used for PD credits

It is critical to step back and regularly review your private client’s operating and holding corporations to ensure that their tax situation is onside their planned status at all times. As clients get older and move toward the transition of the family enterprise to the next generation the tax rules change. And as we get to the end of the life of the principals driving the family enterprise, we must keep in mind the issue of double taxation. In order to make sure that all options are open for clients as they age and work to pass the ownership of their business enterprises to the next generation, we must ensure that we have the right legal structure in place to allow such transitions to occur in a smooth and tax effective manner.

This program on the taxation of corporations is intended to provide an overview of those key tax issues affecting private companies including such tax and business issues as: the ACB and PUC of the company shares; the available capital gains exemption of the various shareholders of the family-owned company; the impact of voting control on the control of the company and the valuation of the shares of the company at the time of death of the company's principals

Other important tax issues include a review of the association status of the company with other members within a corporate group; the potential for the application of the corporate attribution rules arising on freezes of non-active business companies; the structuring of debt/equity financing and its impact on shareholders’ remuneration; the proper utilization of special tax accounts such as GRIP and RDTOH; and, finally, a review of possible exit strategies to do deal with the issue of double taxation such as the s.164 (6) loss carry back, the wind-up bump and the pipeline strategies.

While this program is not intended to be an in-depth analysis of all of these important tax issues, it is intended to serve as a reminder of key issues which are often forgotten in the busy, day-to-day grind that is life of a professional financial advisor.


Forgot your password?
Free 30-day Trial


Newsletter Only

$360 / Year

Monthly Webinar with Verifiable PD Credits

$600 / Year

Subscribe Now


  • TaxMentor - The Canadian Tax Resource Centre
    Joan Russel
    TaxMentor's monthly newsletter and webinar are an invaluable part of professional development at our firm ...
  • TaxMentor - The Canadian Tax Resource Centre
    Evelyn Suvajdzic
    I find it informative and it gives me insight to many issues relative to my clients, who are family run and privately held businesses ...
  • TaxMentor - The Canadian Tax Resource Centre
    Benjamin Leung
    TaxBrief and the monthly webinar have been a resourceful and practical forum for me ...
  • TaxMentor - The Canadian Tax Resource Centre
    Christian Stewart
    As a small firm, it is impossible for us to stay on top of the changes in tax law, tax planning and legislation ...
  • TaxMentor - The Canadian Tax Resource Centre
    Doug Sylte
    TaxMentor provides easy access to tools to assist in providing my clients the correct tax advice in a timely cost saving manner ...
  • TaxMentor - The Canadian Tax Resource Centre
    Lawrence Low
    It is a time efficient and cost effective way of keeping up with all the changes in the world of taxation ...
Read More Testimonials