Name: Impact of Capital Gains Tax Reversal (2025)
Price: 99 CAD
Rating: 5 (408 reviews)

What You'll Learn

check_circleUnderstand the impact of the proposed Capital Gains Tax Reversal on Canadian taxpayers.

check_circleAnalyze the history of the capital gains inclusion rate changes and their impact on individuals and corporations.

check_circleExplore the implications of the delayed implementation of the 2/3 inclusion rate and its potential future effects.

check_circleEvaluate the filing deadline extensions and penalty relief measures provided to impacted taxpayers.

check_circleExamine the adjustments made to the alternative minimum tax (AMT) rules in response to capital gains changes.

check_circleAssess the potential effects of the AMT changes on taxpayers with significant capital gains and charitable donations.

About This Course

The reversal of the proposed capital gains inclusion rate increase has created significant implications for tax planning and compliance. CPAs must now assess whether previously implemented strategies need to be adjusted, particularly regarding corporate tax filings.

This course provides a comprehensive update on the impact of these changes and the critical areas that require attention during the 2024 tax season.

Key topics include:

Alternative Minimum Tax (AMT): How large capital gains may now trigger AMT and what that means for affected taxpayers.
Revisiting Prior Planning: Adjustments needed for transactions structured under the assumption of a higher inclusion rate, including Section 85 rollovers.
Amending Filed Returns: Identifying scenarios where corporate tax returns may need revisions.
Capital Dividend Account (CDA) Elections: Understanding the implications for corporations that have already made elections.
Reporting Requirements for 2024: Updates on Schedule 3 and other tax return considerations.
Capital Gains Exemption (CGE): Application of the enhanced $1,250,000 exemption as of June 24, 2024.
Possible Penalty and Interest Relief on Certain Tax Filings.

Who should attend? This course is essential for CPAs providing tax advice, ensuring they are prepared to guide clients through the evolving tax landscape and mitigate any unintended consequences.

Recorded: March 04, 2025

Your Instructor

AJAG Professional Development

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AJAG Professional Development was founded in 2003 with a mission of making professional development easier and more cost-effective for Canadian accountants and other financial advisory professionals. Our comprehensive range of flexible and reasonably-priced courses, programs and seminars are delivered online and in classroom-style settings in the Greater Toronto Area (Toronto, Oakville and Markham). AJAG features a roster of highly-qualified instructors who deliver content that is pertinent, up-to-date and engaging.

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We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

Impact of Capital Gains Tax Reversal (2025)

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