Tax specialist Parveen Sidhu, CPA, CA leads this comprehensive 1-hour course covering the fundamentals of the TOSI – Tax on Split Income rules (Canadian tax). The course will go over the many definitions found in Subsection 120.4(1), such as split income, specified individual, source individual, and related business.

She will take you through the exceptions to TOSI and when they are applicable. There will be meaningful examples to help understand TOSI, and she will cover CRA's views and other resources that are helpful to understand the TOSI rules.

AGENDA

• Introduction including the history of TOSI
• Subsection 120.4(1) definitions to understand when TOSI applies
• Exceptions to TOSI such as excluded amount, excluded shares, and excluded business
• Examples
• CRA views
• Resources that may be helpful to use

At the end of this course, you will have a better understanding of TOSI, when it applies, and the exceptions to TOSI. You will be able to help structure your clients in a way to ensure TOSI does not apply.