This course provides participants with a broad overview of the income tax provisions which can impact taxpayers filing their corporate tax returns. It provides a comprehensive review of income tax compliance and planning issues relevant to the preparation of Canadian corporate income tax returns.
This course deals in conceptual issues, and does not deal directly with the layout of the corporate tax return or the forms and schedules utilized in preparation of such returns nor does it focus on tax planning issues.
Who Will Benefit:
Anyone who has been away from corporate taxes for some time will gain an understanding of the issues which may arise in corporate tax return preparation. Practitioners with regular involvement in this area have indicated the course is a valuable refresher and update, addressing matters they encounter in their day-to-day practices.
Participants will gain an overall understanding of tax compliance and planning issues which arise in preparing corporate tax returns, enhancing their ability to identify and address planning opportunities which arise in the process of preparing corporate income tax returns.
Net Income for Tax Purposes
Federal Corporate Taxes
Administration and Disclosure
More complex and specialized areas, such as taxation of non-residents, scientific research and experimental development, corporate restructurings and reorganizations and specialized sectors such as insurance, banking and resource sectors, are beyond the focus of this course. Participants may instead consider taking the course Income Tax Planning Refresher – Corporate, which focuses on year-round tax planning for corporate issues.