Understanding When and How Courts Correct Tax Transaction Errors.
In this course tailored for CPA's, you will learn when and how rectification can apply to errors in tax planning transactions. Rectification is an equitable remedy where a court orders a change in a written document to reflect what it ought to have said inthe first place.
Everyone makes mistakes. But when those mistakes show up in completed tax transactions, the consequences can be expensive!In this course, Andrew Winton, a leading commercial litigator, will explain in everyday language how lawyers can sometimescorrect errors in tax transactions through the equitable remedy of "rectification". Rectification is not readily available. Partieshave to meet a stringent test. Knowing in advance what types of errors can be corrected can set tax planners up for more likelysuccess in the unlikely event that they need to apply for this remedy.
Specific topics areas will include:
This course is ideal for: CPAs who engage in complex tax planning and advice.
AJAG Professional Development was founded in 2003 with a mission of making professional development easier and more cost-effective for Canadian accountants and other financial advisory professionals. Our comprehensive range of flexible and reasonably-priced courses, programs and seminars are delivered online and in classroom-style settings in the Greater Toronto Area (Toronto, Oakville and Markham). AJAG features a roster of highly-qualified instructors who deliver content that is pertinent, up-to-date and engaging.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
