The Dangers in Dividends - filmed in 2016
THIS COURSE WAS FILMED IN 2016
This half-day course will focus solely on dividends.
Topics to be covered include:
• Taxable Dividends vs. Capital Dividends
• Eligible vs. Ineligible Dividends
• Proposed 55(2) rules including:
o new purpose tests
o impact of proposed subsection 55(2.5) on how to calculate “significant reduction” in FMV
o Practical impact of proposed 55(2) rules:
• Related and unrelated party butterflies:
o 55(3)(a)
o 55(3)(b)
• Part IV Tax Basics
• Planning around Part IV tax
• Avoiding Part IV tax circularity
Instructor
Manu Kakkar CPA, CA, TEP, MTAX
Manu has over 20 years of experience in taxation in both domestic and international, personal and corporate taxation as well as litigation support. He runs his own independent tax practice with offices in Montreal and Toronto, serving a diverse client base which includes manufacturing, retail and distribution, construction, farming, real estate, athletes and artists, across Canada and the US. His firm acts as a counsel to over 100 professional firms in Canada and USA specializing in domestic and international reorganizations and transactions. Manu is known as one of the leading experts in Section 55 of the Act and butterfly reorganizations.