Tax planning for business succession

Learn about a variety of structures your clients can use in long-term tax planning to ensure an effective transfer of business interest.

Event Details

Location and date:
Online On-Demand Event

Many small businesses with one or only a few owner-managers or shareholders need your trusted advice about how to minimize tax if their organization’s ownership structure changes in the future.

This concentrates on Canadian-controlled private corporations (CCPCs) and resident Canadian individuals. Discover the common problems encountered by professional accountants in practice, whether advising proprietors, partners, small businesses, or a corporation and its shareholders.

This course is based on the Income Tax Act effective as of April 21, 2016, and incorporates pending legislation announced up to and including that date.

View Table of Contents

Additional options and pricing may be available. See pricing and registration for more details.


7 CPD hour(s)
Pricing & registration

You will learn about:

  • estate planning and orderly succession
  • estate freezes and choosing suitable provisions
  • income splitting and attribution rules
  • using trusts in tax planning
  • reversing estate freezes

Who should attend?

  • tax planners
  • advisors
  • valuators

More Details:

Session Descriptions

Estate planning and orderly succession
• The consequences of no business succession plan
• Crystallization of the capital gains deduction
• Crystallization, paid-up capital, and deemed dividend
• Redemption of crystallized shares
• Basic planning — Insurance
• Modification for the lifetime capital gains deduction
• The subsection 40(3.6) estate exception
• 1998 Amendments

Estate planning and orderly succession: Estate freeze
• Estate freeze
• Considering an estate freeze
• How to choose suitable provisions for the preferred shares issued on the freeze

Income splitting and the attribution rules
• Income splitting: A non-business succession reason for freezing
• The attribution rules

The use of trusts in tax planning
• What is a trust?
• Discretionary trusts for holding shares
• Taxation of trusts
• Taxation of beneficiaries
• The reversionary trust attribution rule
• Establishing the structure
• Miscellaneous advantages
• Miscellaneous problems

Selected topics on business succession
• Reversing estate freezes
• Miscellaneous matters





Please contact:

Member Development and Support
Tel: 1-800-268-3793