Section 85 Rollovers - 2022
Tue, Dec 06
|Webinar (2 CPD Hours)
In affiliation with GTA Accountants & Finance Network. The 2 hour course provides a fresh new look at s.85 rollovers. The seminar will begin with basic concepts such as, what properties are eligible, what is the elected amount, and how to compute the paid-up capital of the consideration shares.
Time & Location
Dec 06, 2022, 11:00 a.m. EST
Webinar (2 CPD Hours)
About the Event
The two-hour course provides a fresh new look at section 85 rollovers. The seminar will begin with basic concepts such as, for example, what properties are eligible, what is the elected amount, and how to compute the paid-up capital of the consideration shares. The course shall describe the common usages for section 85, as well as various traps that may arise when the rollover is used. In particular, the course will discuss the possibility of a PUC grind under subsection 84(1), HST issues that may arise on any asset transfer, as well as the gifting provision under paragraph 85(1)(e.2). Recent developments in CRA interpretations and cases will also be discussed.
TOPICS
- Basic concepts: Elected amount, Boot, PUC of consideration shares and FMV rule
- Practical Tips and Traps in Filling out the T2057
- Traps to watch out for: 84(1), 85(1)(e.2) and HST
Speakers:
- Manu Kakkar, CPA, CA, TEP, MTax of Kakkar CPA Professional Corporation
- Boris Volfovsky, CPA, CA, Partner at CPA Solutions LLP
Tickets
2 CPD Hours
$78.00Tax: HST includedSale ended
Total
$0.00