Agenda

9:00

Welcome and Introduction by PBLI

9:05

Chair's Welcome and Introduction
 

David Christian   

Thorsteinssons LLP

9:15

Closely Held Corporations: Taxation of Corporate Income
 

Asif Abdulla                     

Thorsteinssons LLP

  • Outline of corporate taxation
  • Taxation of business income
  • Taxation of investment income
  • Taxation of capital gains

 

10:05

Questions and Discussion

10:15

Refreshment Adjournment

10:30

Closely Held Corporations: Taxation of Corporate Distributions
 

Michael Coburn

Fasken Martineau DuMoulin LLP

 

  • Shareholder and inter-corporative dividends
  • Benefits, salary, and bonuses
  • Capital transactions and deemed dividends
  • Return of capital

 
  11:20

Questions and Discussion

  11:30

Taxation of Partnerships
 

Ron Dueck
Farris, Vaughan, Wills & Murphy LLP
  

  • Taxation of partnerships generally
  • Differences in taxation of general and limited partnerships (at-risk and negative ACB rules)
  • Acquisitions and dispositions of partnership interests
  • Cross-border tax issues
  • Winding-up partnerships

 

  12:20

Questions and Discussion

  12:30

Networking Lunch

   1:30

Taxation of Trusts
 

Stephanie J. Daniels

Farris, Vaughan, Wills & Murphy LLP

 

  • Rules of taxation of personal trusts
  • Taxation of graduated-rate estates
  • Taxation of inter vivos trusts
  • Attribution rules and the "kiddie" tax

 

   2:20

Questions and Discussion

   2:30

Refreshment Adjournment
   2:45 Anti-Avoidance Rules for Common Business Structures
  David Christian

Thorsteinssons LLP

 

  • Tips for navigating section 84.1 of the Income Tax Act
  • Tips for navigating section 55 of the Income Tax Act

 
   3:35 Questions and Discussion
   3:45 Panel Discussion: Analyzing and Exploring a Complex Fact Pattern
 

 

  • A discussion between the faculty and delegates on a mind-bending fact pattern that incorporates the taxation of all common business structures

 
   4:45

Chair's Closing Remarks
   4:50

Program Concludes