Safe Income

This session will cover the latest developments on the interpretation of subsection 55(2) of the Income Tax Act with a focus on safe income. The CRA recently presented a position paper on safe income at the 2023 CTF Annual Tax Conference which included a number of updates to CRA administrative positions.

                 
This session will also provide an overview of subsection 55(2), with a focus on the latest CRA administrative positions and will provide practical examples that illustrate the new positions and highlight potential traps. By the end of the session, participants will have an understanding of the latest CRA positions on safe income, the concept of safe income on hand, and the allocation of safe income following selected examples involving corporate reorganizations.


PD Partner:
CPA BC

What to Expect

  • Two emails will be sent from CPA Manitoba following your registration: one to confirm your order and one including information on how to access the course through your Learning Hub. 
  • Once sent, these emails can also be found in the Communication tab of your CPA Manitoba Member Portal.
  • Any course materials, access links and other related information will be shared with attendees at least 2 business days prior to the seminar. 
  • 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. 
  • Live webinars have varying levels of expected interaction, with many requiring webcam and microphone capabilities. If you have concerns about the interaction required for this course, please email [email protected]

When
3/5/2025 11:00 AM - 12:30 PM
Central Standard Time

Options

Wednesday, 05 March 2025

Description

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