Providing a high-level summary of tax law changes in the past year, this seminar examines current changes and relevant issues in taxation that affect individuals and most businesses in the private sector. Learn how the current levels of personal and corporate tax rates affect and possibly change accepted tax planning techniques. 

A review of the current integration of personal and corporate tax rates is provided. The proposals from the Federal Budget, as well as other sources of information from the Department of Finance and the Canada Revenue Agency (CRA), including news releases, draft legislation, CRA technical interpretations and tax cases, are discussed together with other particular subjects of current relevance and interest. Course coverage will be largely restricted to changes in the last year. 

Note: Due to the nature of this course and the wide range of topics covered, none of the topics are covered with in-depth material. The intent is to provide knowledge and awareness of the recent tax changes. One or more of the topics may be covered in more detail in other available courses.

Applicable for:
This seminar will be beneficial to those who need current information to advise clients, deal with the CRA, and who want to update their existing knowledge of income tax issues to incorporate developments in the past year. As the course focuses only on recent developments, it is best suited for members who take the course annually.

Learning Objectives
By the end of this course, participants should be able to:

• Provide relevant, current tax advice to clients and stakeholders
• Prepare personal and corporate tax returns with knowledge of recent developments
• Complete tax planning arrangements/positions taking into account current issues
• Be confident that they are “up-to-date” with their tax knowledge

Content
The topics in this seminar include:

• Tax rate changes/integration
• Update of rules dealing with the taxation of private companies, passive investment income, income splitting, small business deduction, etc.
• Federal budget (2023) 
• Taxation of employment income/benefits 
• Business income/deductions 
• Capital transactions and shareholder issues
• Partnerships/trusts/charities & NPOs/deferred income plans 
• International tax issues
• CRA administrative matters and new matters
• Provincial and territorial update including applicable provincial and territorial budgets

Seminar Leader: Dustin Mansfield

Presented by PD Partner: CPA Pro

What to Expect

• This is a Live Virtual Seminar where class size has been limited to allow for an interactive learning environment. 
• This seminar will not be recorded.
• Course materials, links and credentials will be emailed to you two business days before the seminar. Once sent, the email will also be found in your Account Communication tab of the CPA Manitoba Member Portal. 
• Live webinars have varying levels of expected interaction, and some may require webcam and microphone capabilities – if you have concerns about the interaction required for this course, please email [email protected] 

CPA Manitoba PD Terms and Conditions