Those involved with reorganizing private corporations need to consider a wide range of technical rules, develop a plan that meets the client’s objectives, navigate the practical challenges of implementing the plan, and communicate the plan to other professionals. Participants will apply this approach using mini-cases throughout the seminar. A brief high-level review of Income Tax Act (ITA) sections and other common technical rules will be provided, but participants should have a good working knowledge of these rules. 

Topics Include:
• the collection and evaluation of client information and objectives
• the identification of alternatives and development of a plan
• a high-level review of key technical Income Tax Act provisions, including Section 85, QSBC rules, Section 55, Part IV tax, Stop-loss rules, and Attribution rules and TOSI
• loss utilization and employee buy-in

Applicable for
Although most tax professionals would benefit from this seminar, it particularly targets practitioners and managers involved in reorganizations or tax planning for groups of privately held companies.


Learning Objectives
By the end of this course, participants should be able to:
• Identify problems with corporate structures and develop alternatives.
• Identify and analyze income tax rules that can impact the proposed transactions.
• Prepare a structured plan to implement a reorganization.

What to Expect
• An email will be sent from CPA Manitoba to the participant within two business days of registration. The email will include information on how to access the course along with the necessary login credentials. 
• Once sent, the email will also be found in your Account Communication tab of the CPA Manitoba Member Portal.
• This course is designed for participants to view while following along with the course material provided. 
• This self-study course allows the user to save their progress and return to continue later.
Registration is for this course is open until August 31.2023 and should be completed by September 30, 2023, after this time, access to the course will no longer be available.
To receive a certificate, participants must complete a quiz at the end of the course. Unlimited quiz attempts are available until the passing grade of 70% or better is achieved. After this you will no longer have access to the quiz.