The fundamentals with examples and exceptions.
Tax specialist Parveen Sidhu, CPA, CA leads this comprehensive 1-hour course covering the fundamentals of the TOSI – Tax on Split Income rules (Canadian tax). The course will go over the many definitions found in Subsection 120.4(1), such as split income, specified individual, source individual, and related business.
She will take you through the exceptions to TOSI and when they are applicable. There will be meaningful examples to help understand TOSI, and she will cover CRA's views and other resources that are helpful to understand the TOSI rules.
AGENDA
At the end of this course, you will have a better understanding of TOSI, when it applies, and the exceptions to TOSI. You will be able to help structure your clients in a way to ensure TOSI does not apply.
CPA, CA
CPA | In-Depth Tax Certificate 👩🏽💻🇨🇦 Your Virtual Tax Coach 💰 🧠 I’m Parveen - a CPA, mom, and a creator who enjoys building value-add content. I’ve worked in public accounting for years, and along the way, I realized how outdated and dry most PD content feels. 👩🏽💻 I believe that CPAs deserve engaging, practical education that genuinely enhances their careers. That’s why I’m dedicated to developing PD-accredited courses that are not only informative but also enjoyable. Let’s transform professional development into an experience that truly helps you become a better planner. 📈
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.
