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.
This course includes: