CPAC Introductory Taxation Course

Understanding Canada Revenue Agency’s policies and procedures and Canada’s income tax system

This training course will cover the basic principles of income taxation in Canada. It will include basic personal taxation and taxation for sole proprietors, and also introduce the fundamentals of corporate taxation and GST/HST elements.

This course offers a basic understanding of the Income Tax Act and Regulations used to determine income tax liability, primarily as it applies to individuals. It will particularly emphasize tax planning decisions for the owner and/or manager of a Canadian-controlled private corporation.

You will learn the basics of preparing individual and corporate tax returns, such as determining who is liable for taxation in Canada and identifying different sources of income and how they are taxed for individuals. You will also learn the administrative and enforcement policies of the Canada Revenue Agency. Additionally, you will learn about corporation tax requirements, exposure, and liability under the Canadian Income Tax Act, as well as the overall structure for the taxation of income earned by corporations in Canada.

Why This Training Is Important

This training is essential for new professionals to effectively advise on and prepare the most commonly used tax returns in Canada. It will also help you understand the fundamentals of income taxation in Canada.

Who Should Attend the Training

This training is ideal for new professionals entering Canada who will be involved in preparing or advising on Canadian taxation.

About the Instructor

Professor Walji has extensive experience in various aspects of the accounting profession, including financial, management, auditing, and taxation. He has worked as a professional auditor with the Canada Revenue Agency (CRA) for many years, handling a range of disciplines from taxation audits to investigations. His background includes both private and public accounting experience.

Professor Walji is a fellow member of The Institute of Financial Accountants of the UK and The Institute of Public Accountants of Australia. He is also actively involved in consulting in management and taxation. He has taught at different Ontario colleges and has trained foreign professional accountants to help them integrate into the accounting profession in Canada.

Program Details:

Schedule:

November 4 to December 4, 2024

Mondays, Wednesdays, and Fridays

7:00 PM to 10:00 PM

Format: Virtual via Zoom

Tuition Fees:

• $265 for CPAC members
• $295 for non-members
• $695 for International students

For More Information & Registration:

Please contact Lily He, Program Manager, at 416-298-7885 ext. 103 or email lily.he@cpac-canada.ca.