New TOSI Rules
In the 2018 Federal Budget, the Canadian government expanded the scope of the Tax on Split Income (TOSI) regime, introducing a more complex set of rules that significantly impact shareholders and family businesses across Canada. Effective January 1, 2018, these changes limit income-splitting opportunities for private corporations and require careful planning to ensure compliance.
This course is designed to help tax professionals, business owners, and advisors understand and navigate the revised TOSI framework. You'll explore who is affected, what income is subject to TOSI, and how to apply the available exclusions and exceptions. With practical examples and expert insights, this course will help you mitigate risk and make informed decisions for effective tax planning.
Co-founder and CEO of Tax Templates Inc., CPA, CA - CPA Canada
Jay is the co-founder and CEO of Tax Templates Inc. He has broad expertise in Canadian taxation from nearly a decade of practice in national and mid-market accounting firms. By combining his tax knowledge with proven process-building abilities, he specializes in developing tax planning and tax accounting software solutions to support Canadian professionals. His focus is on solving challenging tax needs, supporting growth and integrating efficiencies. Jay has completed the In-depth tax courses, is the former Vice President of the York District CPA Association, a former committee member of the Canadian Tax Foundation Corporate Management Tax Conference, and a former Executive with the Canadian Tax Foundation Young Practitioners Steering Committee. Jay was recognized as an emerging leader by CPA Ontario in 2018 for his contributions to the CPA profession. Jay has spoken to CPAs across the country in many forums such as the Canadian Tax Foundation, CPA Canada, CPA Ontario, CPD Formula, Luminari, AJAG, and other venues. Jay has also been invited to testify to the Standing Committee of Finance on Federal Budget consultations and invited to Parliament to provide recommendations on tax policy. Jay is currently the co-host of Canadian Tax Matters, a professional development webinar series for professionals to stay current on trending topics in tax. Jay was also the moderator of #Trending in Tax, a webinar series hosted by CPA Canada to keep advisors current on important tax issues. The series focused on recent, relevant changes to tax legislation in order to enhance awareness and knowledge of tax issues that impact Canadians.
