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Linden Horswill
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Decks in this class (40)
Ch. 4 - Sources of Income
Employment income includes,
Property income includes,
Allowable taxable losses are dedu...
3
cards
Ch. 7 - Business Income
Some typical add backs for tax pu...,
Some typical items to deduct for ...,
Recapture
14
cards
Ch. 11 - Property Income
Common types of property income,
When tp report income,
Corporations reporting dividends ...
17
cards
Ch. 12 - Capital Gains/Losses
Business vs capital income criteria,
Canadian securities special rule,
Capital gain loss vs taxable capi...
16
cards
Ch. 3 - Tax Administration
Filing requirements filing deadli...,
Filing requirements payment due d...,
Instalments for individuals 1 req...
14
cards
Ch. 10 - Business Income - PSB
What is a psb 1 general2 and3 unl...,
Taxation on psb income eligibilit...,
Deductions for psb income
3
cards
Ch. 14 - Capital Gains/Losses Special Rules #2
Replacement property two situatio...,
Replacement property types of pro...,
Replacement property use of prope...
10
cards
Ch. 23 - Division C Deductions (Corporate)
Section 110 deductions charitable...,
Section 110 deductions charitable...,
Section 111 loss carryovers non c...
9
cards
Ch. 24 - Taxes Payable (Corporate)
Taxes payable detailed approach c...,
Taxes payable detailed approach n...,
Taxes payable different income so...
22
cards
Ch. 25 - SRED
Qualifying expenditures
1
cards
Ch. 24 - Taxes Payable (Corporate 2)
Corporate taxes detailed approach...,
Corporate taxes detailed approach...,
Sources of taxable income
15
cards
Ch. 35 - Non-Arms Length Transactions
Related individuals,
Corporations are related to,
Two corporations are related if
6
cards
Ch. 6 - Employment Income
Bonuses,
Taxable vs non taxable benefits w...,
Taxable vs non taxable benefits a...
20
cards
Ch. 13 - Capital Gains/Losses (Special Rules 1)
Principal residence exemption rul...,
Principal residence exemption cha...,
Personal use property tax consequ...
5
cards
Ch. 15 - Other Income - Personal
Income from deferred income plans...,
Pension income splitting1 age and...,
Other registered plans1 resp and ...
12
cards
Ch. 16 - Other Deductions - Personal
Oas clawback calculation,
Moving expenses deductibility,
Child care expenses deductibility
3
cards
Ch. 17 - Deferred Income Plans
Rrsp overcontribution penalty,
Rrsp spouses,
Rrsp deduction limit calculation
6
cards
Ch. 18 - Division C Deductions - Personal
Employee stock options what is de...,
Deduction for payments payments i...,
Loss carryovers non capital losse...
8
cards
Ch. 19 - Taxes Payable - Personal
Federal tax brackets brackets and...,
Non refundable tax credits non re...,
Non refundable tax credits calcul...
21
cards
Ch. 28 - Financially Troubled Businesses
Debt forgiveness use of loss carr...,
Debt forgiveness exceptions,
Debt forgiveness unpaid amounts
3
cards
Ch. 32 - Shareholder Benefits and Loans
N a
1
cards
Ch. 39 - General Anti-Avoidance Rules
Tax avoidance,
Tax evasion,
Conditions for gaar
3
cards
Ch. 2 - Liability for Tax
Residency primary ties individual,
Residency secondary ties individual,
Residency temporary absence indiv...
11
cards
Ch. 5 - Employee vs. Contractor
Criteria for employee vs contractor,
Criteria for employee vs contract...,
Criteria for employee vs contract...
7
cards
Ch. 30 - Incorporation of a Proprietorship - Section 85 Rollover
Incorporation advantages,
Incorporation disadvantages,
Incorporation timing
13
cards
Ch. 36 - Legal Forms and Structures
Sole proprietorships,
Canadian controlled private corpo...,
Partnerships how taxed
5
cards
Ch. 41 - Tax Treaties
Tax treaties main purpose,
Tax treaties eliminate double tax...,
Tax treaties vs income tax act
3
cards
Ch. 27 - Acquisition of Control
Loss utilization strategies secti...,
Loss utilization strategies inter...,
Losses triggered on an acquisitio...
5
cards
Ch. 31 - Purchase & Sale of Assets Vs. Shares
Qualitative considerations,
After tax cash for share sale steps,
After tax cash on asset sale steps
10
cards
Ch. 34 - Stakeholder Relationships (Associated, Affiliated and Connected)
Which requires the sbd be shared,
De jure control meaning,
Indirect control how it happens
16
cards
Ch. 20 - Lifetime Capital Gains Exemption
Lcge least of three amounts,
Unused lcge,
Annual gains limit
6
cards
Ch. 29 - Business Structure (Other Rollovers)
Paid up capital1 what is it2 how ...,
Adjusted cost base1 what is it2 h...,
Deemed dividend on redemption of ...
4
cards
Ch. 33 - Shareholder Manager Remuneration
Perfect integration1 gross up equ...,
Tosi three exclusions,
Tosi excluded businesses what is ...
5
cards
Ch. 21 - Death of a Taxpayer
1 ita 70 5 2 ita 70 6,
Capital loss rules on death,
Death of a taxpayer unmatured rri...
16
cards
Ch. 22 - Divorce
Subsection 73 1,
Transfer of rrsp rrif,
Child care expenses
3
cards
Ch. 26 - Transfer Pricing
Transfer pricing methods s,
Comparable uncontrolled price,
Resale price method
6
cards
Ch. 37 - Partnerships
General partnership vs limited pa...,
Adjustments to acb1 business inco...,
Adjustments to acb1 capital gains...
11
cards
Ch. 38 - Trusts
Settlor definition,
Trustee definition,
Beneficiary definition
15
cards
Ch. 40 - Sales Tax
When registration is required,
The small supplier exemption,
Itcs for small business two methods
26
cards
Ch. 8 - Business Income - CCA
Cca is discretionary meaning,
Why not use all cca in a year,
When is an asset available for use
25
cards
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Taxation
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