The course offers a comprehensive and in-depth examination of the significant changes and updates presented in the Federal Budget announced in 2023. Delve into the intricate details and key provisions of the budget, covering a wide array of topics crucial for understanding the economic landscape and tax implications. Throughout the sessions, participants will explore various pivotal elements, including both new and revised proposals, critical adjustments, and upcoming implementations that directly impact individuals, businesses, and the economy at large. Key Topics Covered:

1. Alternative Minimum Tax (AMT): New proposals and promised changes highlighted in the economic update.
2. Grocery Rebate: Explanation of the one-time payment equivalent to two quarterly GST credit payments.
3. Tradespeoples’ Tools Expense: Doubling of the maximum deduction effective from 2023.
4. RESPs, RDSPs, and RCAs: Overview of minor tweaks proposed for these plans.
5. Intergenerational Business Transfers (IBTs): Proposed fixes related to Bill C-208.
6. Employee Ownership Trusts: Understanding their role in facilitating business sales to employees.
7. Clean Energy Credits and Incentives: Extension of tax reductions for zero-emission technology manufacturing.
8. Tax on Public Company Share Repurchases: Insights into the new tax and corresponding draft legislation.
9. General Anti-Avoidance Rule (GAAR): Examination of proposed amendments and penalties.
10. Automatic Tax Filing for Low-Income Canadians: Review of the expanded service for eligible individuals.
11. COVID-19 Benefit Reviews: Discussion on addressing overpayments of personal COVID-19 benefits.
12. Clean Technology Investment Tax Credit: Detailed coverage of extended tax rates for clean energy credits.
13. Expansion of Mineral Resource Definition: Inclusion of lithium from brines in the mineral resource definition.
14. Immediate Expensing Rules: Understanding the updated immediate expensing rules.
15. Transitional Rules for Eligible RDTOH: Analysis of the fixed transitional rules.
16. Expansion of Fertility-related Medical Expenses: Coverage of the expanded medical expense coverage for fertility treatments.
17. Global Corporate Minimum Tax: Discussion on the global corporate minimum tax.
18. Digital Services Tax: In-depth coverage of the Digital Services Tax and its implications.