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. 

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 
Topics 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 (2025)
• 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

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.

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.
• Course materials, links and credentials can be found in your Learning Hub no less than two 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 or any other questions about this course, please email [email protected].  
  
  CPA Manitoba PD Terms and Conditions: https://cpamb.ca/pd/pd/Terms-and-Conditions.aspx
  For questions regarding this course, including registration and access, email [email protected].