Agenda

Join this comprehensive session as we navigate the challenges and complexities of 2024 tax filings in the face of legislative uncertainty. With expert insights from John Oakey, Vice President of Taxation at CPA Canada, and Ryan Minor, Director of Taxation at CPA Canada, this discussion will delve into the implications of prorogation and the administration of proposed yet unenacted tax legislation. Facilitated by Jay Goodis and Kim G C Moody, the session will explore the practical impacts of key proposals, CRA’s administrative positions, and strategic planning to address taxpayer concerns. This session will provide a detailed examination of proposed changes to the capital gains inclusion rate, lifetime capital gains exemption, and alternative minimum tax (AMT), as well as insights into bare trusts, charitable donations, and the Canada Carbon Rebate for Small Businesses. Our experts will share practical recommendations for navigating these uncertainties and explore how similar challenges have been addressed in past tax years.

  • Prorogation of government - Its impact on proposed tax legislation

  • Capital gains - CRA’s approach and taxpayer filing considerations

  • Lifetime capital gains exemption - Iroposed increase and CRA’s position

  • Bare trusts - CRA’s position on compliance

  • Charitable donations - Legislative proposals and CRA’s approach

  • Carbon Tax Rebate for Small Businesses - Guidance on taxability

  • Alternative Minimum Tax (AMT) - Managing the various provisions

  • Non-residents selling Canadian property - Withholding requirements

  • How CRA processed returns under pending legislation - Insights from the Educator Supply Tax Credit

  • Advocacy and policy - CPA Canada’s role and best practices

FAQ

  • When was the live session?

    The live session was 75 minutes and took place on February 4, 2025.

  • What is the difference between the free and paid versions of this course?

    The free version provides access to the video only. The paid version ($25) includes a CPD certificate from Canadian Tax Matters (upon completing the course quiz) in addition to video access.

  • When will the video be available?

    The video will be provided through your Canadian Tax Matters account and available within 48 hours after the live stream. Registrants will receive an email notification when it is online.

  • How do I obtain my course certificate?

    To receive your course completion certificate, you must complete all lessons by marking them as "Complete" using the "Complete and Continue" button at the end of each lesson in the course. Additionally, you must successfully pass the quiz. Once both of these steps are completed, your certificate will be automatically issued.

Instructor(s)

Vice President of Taxation at CPA Canada

John Oakey

As Vice-President of Taxation, John leads CPA Canada’s Tax group, which influences the development of an equitable, effective and efficient tax system in Canada, as well as delivers practical information and fresh perspectives on tax to members and the broader tax community. A strong proponent of tax education, John also aims to increase CPA Canada’s reputation as the preeminent provider of core tax education in Canada. John serves as a spokesperson for CPA Canada, both domestically and internationally, and acts in the public interest, providing tax-related information and perspective. He leads committees and working groups, consulting with the federal government regarding the development and administration of federal tax policies, while also providing thought leadership and education to CPA members. Previously, John was Baker Tilly Canada's National Tax director, driving key tax advisory initiatives to support practitioners across its network. An accomplished leader and trusted advisor, John also provided tax training to other professionals through various organizations, including the Canadian Tax Foundation, CPA Nova Scotia and CPA Canada. John has written and presented numerous articles and papers over his career and has presented at many national conferences, including several Atlantic Tax Conferences. During the pandemic, John wrote many tax‑related articles pertaining to government relief measures and legislation. In this role, John is responsible for supporting tax experts across the network by driving nationwide tax advisory initiatives and informing members of regulatory changes. He is also responsible for managing tax-related content, including Tax Flashes and Alerts, which are released to clients. Furthermore, he provides tax training to other professionals through various organizations, including the Canadian Tax Foundation, CPA Canada and CPA Nova Scotia. John has extensive experience with Canadian corporate and personal income taxes with specialization in the areas of corporate reorganizations, estate planning, succession planning and tax compliance. He also has significant experience dealing with GST/HST issues and U.S. citizen cross-border tax reporting issues.

Instructor(s)

Director of Tax at CPA Canada

Ryan Minor

Ryan Minor, CPA prior to joining CPA Canada, he practiced income tax for over twenty years with several firms including, most recently, Baker Tilly in Sudbury. Ryan recently completed a PhD in Law from Queen’s University. His research focuses on the effectiveness of tax policy to achieve beneficial economic outcomes. He has also taught numerous courses for various universities and CPA Ontario.