Tax consequences of immediate business succession

Return To Event Page
This is the agenda for Table of contents
Table of contents
Module 1

• The purchase and sale of assets
• Non-depreciable capital property
• Depreciable property
• Eligible capital property
• Inventory
• Accounts receivable
• Prepaid expenses
• Allocation of purchase price
• Putting the sale proceeds in the hands of the shareholder
• Other matters

Module 2: Sale of shares, including the capital gains deduction

• Overview of a share sale
• Overview of the lifetime capital gains deduction
• Qualified small business corporation shares

Module 3: Subsection 55(2) - Intercorporate dividends and capital gains advoidance

• The application of subsection 55(2)
• The paragraph 55(3)(a) exception
• Purifications
• Safe income stripping
• Butterfly transactions
• Knowing when subsection 55(2) applies

Module 4: Sale of shares and section 84.1

• Transferring shares to family members
• Section 84.1
• Sale to employees
• Acquisition of control

Module 5: Financing and other considerations

• Interest deductibility
• Instalment sales
• Earnouts
• Non-competition agreements
• Other considerations on the purchase and sale of a business
• Abbreviations


Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.

Our Firm Directory allows you to search for Canadian CPA firms using our interactive map as well as other criteria.

You’re in the eye of the storm amid a swirl of slips, forms and receipts. Chart your way through tax-time turbulence with these updates and resources.