Mandatory Disclosure Rules (Bill C-47) (Recorded)
Reporting requirements are now in place for ‘reportable’ and ‘notifiable’ transactions entered into after June 22, 2023. Additional reporting requirements, for large corporate taxpayers, related to uncertain tax treatments for tax years ending after 2022 are also effective but expected to be less applicable to smaller private clients.
As there are significant penalties for failing to report, for both the taxpayer and the advisor, it is important to understand what falls into each of these categories. Shane Schepens, will spend time going through the various reporting requirements, examples of transactions or tax planning which may fall under these reporting requirements and related practice management considerations.
In this session we will cover:
Reportable and notifiable transactions
Process for reporting to CRA
Consider avoidance transactions and the application of GAAR
Practice management considerations including confidentially, privacy and privilege
Date Sep. 15, 2023 | Time 9AM – 11AM PT | Online | $128
Session Completed – Upon purchase you will receive:
- Copy of the session material
- Copy of the Chat from the live session
- Download link and password to the recorded live session