Corporate Tax - Investment Income
Note: The Live Virtual course is presented in collaboration with CPA Western Provinces. The content is applicable to all participants. If you have questions regarding this course, please contact pdregistration@cpaalberta.ca.
Overview:
(Formerly titled: Corporate Tax - Investment Holding Companies)
You will examine the federal income tax rules affecting investment holding companies, including passive income rules, refundable tax regimes, integration considerations, and the evolving tax landscape for corporations earning investment income. The course highlights planning opportunities and challenges, including when it is advantageous to maintain versus wind up an investment holding corporation and the implications of holding private company shares at death.
Course Content:
In this course, you will gain knowledge about the following topics:
- Advantages and disadvantages of using an investment holding corporation.
- Integration, tax rates, and the impact of passive investment income.
- Overview of refundable dividend tax on hand (RDTOH) and related planning.
- Income splitting considerations and the interaction with TOSI rules.
- Post‑mortem planning considerations for private company owners.
- Strategic factors involved in winding up or retaining an existing investment holding corporation.
Learning Objectives:
Upon completing this course, you should be able to:
- Apply the passive income rules and assess their impact on associated corporations.
- Evaluate planning alternatives in response to passive income rules.
- Distribution panning considering the interaction between GRIP, eligible RDTOH and non‑eligible RDTOH balances.
- Review the impact of attribution rules and TOSI.
- Analyze the implications of maintaining or winding up an investment holding corporation.
- Identify situations where an investment holding company provides strategic tax advantages.
Who Will Benefit:
- Practitioners advising private company clients with significant passive investment assets
- Sole practitioners providing tax planning services
- Internal accountants working within private corporations or family office environments
- Professionals seeking to understand strategic considerations for using or maintaining investment holding companies