Agenda

9:00

Welcome and Introduction by PBLI

9:05

Chair's Welcome and Introduction

 

David Christian

Thorsteinssons LLP

 

9:15

Setting the Stage: The Status Quo

 

David Christian

Thorsteinssons LLP

 

  • The current corporate taxation system
  • Pre-proposal taxation of business income, investment income and capital gains

 

10:05

Questions and Discussion

10:15

Refreshment Adjournment

10:30

Fixing Tax Mistakes: What Can Companies Do?

 

Kimberley Cook

Thorsteinssons LLP

 

  • The Supreme Court of Canada weighs in: When is rectification still an option for tax errors?
  • The doctrine of equitable recission
  • Statutory fixes

 

  11:20

Questions and Discussion

  11:30

Tax on Split Income (TOSI)

 

Ron Dueck

Farris, Vaughan, Wills & Murphy LLP

 

  • Policy behind TOSI
  • The rules - before and now
  • Reasonableness test
  • Anti-avoidance

 

  12:20

Questions and Discussion

  12:30

Networking Lunch

   1:30

Proposed Changes to Section 84.1

 

Kabir Sarda

EY

 

  • What is surplus stripping and what was the government trying to accomplish with the aborted July 2017 proposals?
  • The draft legislation
  • What can/should we expect going forward?

 

   2:20

Questions and Discussion

   2:30

Refreshment Adjournment

   2:45

Recent Cases of Interest for Small Business Taxation

  Kay E. Gray

Grant Thornton LLP

 

Jason Moon

Grant Thornton LLP

 

  • Pronouncements from the courts and CRA affecting private and owner-managed companies

 

   3:35 Questions and Discussion
   3:45 Proposed Changes to the Taxation of Business Income
  David Thompson

Thorsteinssons LLP

 

  • The original July 2017 proposals and revisions
  • The draft legislation
  • What can private companies expect moving forward?

 

   4:35 Questions and Discussion
   4:45 Chair's Closing Remarks
   4:50

Program Concludes