The course is designed for U.S. CPA tax and accounting professionals who advise clients on Canadian tax matters. The course will cover the basic Canadian income tax principles for corporations and individuals.

Learning Objectives:

• Define tax liability for corporations and individuals


• Determine how to differentiate Canadian controlled private corporation and U.S. controlled Canadian private corporation


• Recall how to classify business income and employment income


• Identify taxation of capital gains and investment income


• Determine the rules for tax depreciation [capital cost allowance]


• Recall how to calculate taxable income for corporations and individuals

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222