Course: Tax Loss Planning: Beyond the Basics

This course is from the 2014/2015 series


This course will cover the often overlooked area of planning for the utilization of tax losses under various scenarios.

Topics to be covered will include:

  • An overview of issues relating to the purchase of a loss company
  • Debt forgiveness rules revisited
  • Taking advantage of Allowable Business Investment Losses (ABILs)
  • Tax loss issues (or traps) to (be aware of) or (to avoid) (GAAR, stop-loss rules, administrative CRA practices)
  • Tax loss utilization involving trusts
  • Intercompany management fees (what are the advantages)
  • Converting non-deductible interest into deductible interest
  • Transferring pregnant losses
  • Crystallizing terminal losses