Business Transition Audits at DAW November

Tax and financial advisors won’t want to miss the Distinguished Advisor Workshops November 3-6 in Winnipeg, Toronto, Calgary and Vancouver respectively, when year end planning and business owner-manager transition is discussed in depth. 

A particularly interesting session will be included on audit problems in valuation of assets, Section 160 – a little known but powerful section that allows CRA to reach back to owners and their families to pay tax debts, personal service business issues,  Attribution Rules and problems encountered by misuse of shareholder loans.

Audit Problems, Pitfalls and Consequences for Business Owners

• Valuation of assets on transition – Opco, Holdco, Trust, Personal
• Section 160 – The Power to Collect on Asset Transfers – Overkill?
• Personal Services Businesses – 5 or fewer employees?
• Attribution Rules – what are the current audit issues?
• Understanding the “shareholder loan account”?  How does CRA view a “debit” balance?

How to Register

Online: knowledgebureau.com/DAW
Call Local: 204-953-4769
Toll-Free: 1-866-953-4769
Email: registrar@knowledgebureau.com

Nov. 3 – Winnipeg – Winter Club
Nov. 4 – Toronto – Mississauga Convention Centre
Nov. 5 – Calgary – Radisson Airport Calgary
Nov. 6 – Vancouver – Vancouver Club