Family Law & The Income Tax Act - 2022
This course will focus on the various tax issues that arise as a result of a divorce or separation.
At a high level the topics will include:
a)
Tax treatments of support payments
b)
Deductibility of various expenses
related to a breakdown of a marriage or common law partnership such as:
a.
Legal fees
b.
Child care expenses etc.
c)
Spousal attribution rules
d)
Tax considerations on the division
of assets on a marital breakdown
e)
Estate freezes and family law
f)
Principal residence exemptions
g)
Division of registered plan assets
h)
Non-refundable tax credit claims
i)
Various important CRA views in
relation to the breakdown of a marriage.
Instructor
Manu Kakkar CPA, CA, BSc(Hons), TEP, MTax & Alex Ghani, Partner, CPA CA, CGA, CPA (Texas)
Manu has over 20 years of experience in taxation in both domestic and international, personal and corporate taxation as well as expert witness reports and testimony.
He is an award winning and prolific tax writer. His Master of Taxation thesis on butterfly reorganizations won 2 awards and was published in the Canadian Tax Journal. Manu has published and presented over 250 tax articles and presentations since 2001 across Canada. Manu is an authority in taxation as his name has been cited 29 times in the Income Tax Act.
Alex is a member of the Institute of Chartered Accountants of Ontario (CA), the Certified General Accountants of Ontario (CGA), and is a Certified Public Accountant (CPA), licensed to practice public accounting by the State of Texas. He has completed all three levels of the CICA In-Depth Tax Course.