Product details

Publisher: 
Carswell
Practice area: 
Tax & accounting
Jurisdiction: 
General
Publication date: 
2022-03-09
Carswell

Corporate Tax Return and Provisions Guide, 2022 Edition, Print and ProView eBook

Author: Ryan Keey
Availability: Partial Stock

The 2022 Corporate Tax Return and Provisions Guide is the most in-depth corporate tax return preparation product available on the market, and is the only guide that covers both the preparation of the corporate tax filing for accounting purposes and the preparation of related corporate income tax returns in an integrated fashion.

The comprehensive 15-chapter Guide will answer your questions on completing the federal T2 Corporation Income Tax Return (T2 return), the Quebec Corporation Income Tax Return (CO-17 return), and the Alberta Corporate Tax Return (AT1 return), and will assist in ensuring the income tax provision is prepared in accordance with the financial accounting standards. Tax professionals can also rely on the Guide to answer corporate tax questions throughout the year as the issues covered in the Guide extend far beyond tax return preparation.

The Guide is arranged in an easy-to-use intuitive manner to reflect the corporate tax return and tax provision preparation processes. Text boxes and quick reference tables are used to highlight key concepts, tips, and traps. Extensive references are made to legislative provisions; court cases; corporate tax return schedules; page and line numbers; Canada Revenue Agency (CRA), Revenu Quebec, and Alberta Tax and Revenue Administration (ATRA) publications; IFRS, CICA, and FASB tax accounting standards; and other relevant sources.

This tax return preparation guide is available on Taxnet Pro, Canada's most comprehensive online tax research service.

What's New in This Edition:

The Corporate Tax Return and Provisions Guide, 2022 edition, has been updated to reflect all 2021 legislative and administrative developments, including federal and provincial budget measures, technical amendments, draft legislation, the latest court cases and government publications, and recent tax articles/journals.

  • Corporate residency/permanent establishments: Updated to reflect recent case law and CRA publications
  • Stock Options: New section added to cover the non-qualified security rules, including the available corporate deduction
  • Loss utilization/trading: Updated to reflect recent case law
  • Partnership Interests: Recent cases and articles dealing confusion over whether a partnership interest in a single-property for tax purposes
  • Depreciable Property Classification Table: Updated to reflect new recent CRA Views Docs and cases
  • CCPCs and Depreciable Property: Budget 2021 introduced temporary immediate expensing rules in respect of “eligible property”
  • Meaning of Control: Discussion updated to reflect recent case law dealing with the meaning of control and de facto control for various purposes
  • Transfer Pricing: Commentary revised to reflect updated CRA publications and the consequences of recent case law
  • Taxable Canadian Property (TCP): The SCC found that the GAAR did not apply in a treaty shopping case
  • Foreign Affiliate Information Returns: A revised Form T1134 has been released
  • Foreign Affiliate Investment Business: The SCC clarified the application of the “investment business” FAPI exception rules
  • CCPCs: Chapter updated to reflect CRA publications and case law dealing with the computation of the small business deduction, refundable taxes, the association rules, and capital dividends
  • Assessments/Audits: Chapter updated to cover recent case law and CRA publications
  • Non-Arm’s Length Sale of Shares: Updated to reflect Bill C-208 amendments (intergenerational family business transfers)
  • Capital Gains Stripping and the TOSI Rules: Both sections of the Guide were updated to reflect many new CRA positions and other developments


About Thomson Reuters ProView

ProView is the way to read Thomson Reuters eBooks and eLooseleafs, published primarily for legal, accounting, human resources, and tax professions. The Thomson Reuters ProView web-based application is accessed via your browser. With the new ProView web app, offline capability is now available from your browser. The web application has a responsive design and is compatible with desktop, laptop and mobile devices.

Carswell

Corporate Tax Return and Provisions Guide, 2022 Edition, Print and ProView eBook

Author: Ryan Keey
Availability: Partial Stock

Description

The 2022 Corporate Tax Return and Provisions Guide is the most in-depth corporate tax return preparation product available on the market, and is the only guide that covers both the preparation of the corporate tax filing for accounting purposes and the preparation of related corporate income tax returns in an integrated fashion.

The comprehensive 15-chapter Guide will answer your questions on completing the federal T2 Corporation Income Tax Return (T2 return), the Quebec Corporation Income Tax Return (CO-17 return), and the Alberta Corporate Tax Return (AT1 return), and will assist in ensuring the income tax provision is prepared in accordance with the financial accounting standards. Tax professionals can also rely on the Guide to answer corporate tax questions throughout the year as the issues covered in the Guide extend far beyond tax return preparation.

The Guide is arranged in an easy-to-use intuitive manner to reflect the corporate tax return and tax provision preparation processes. Text boxes and quick reference tables are used to highlight key concepts, tips, and traps. Extensive references are made to legislative provisions; court cases; corporate tax return schedules; page and line numbers; Canada Revenue Agency (CRA), Revenu Quebec, and Alberta Tax and Revenue Administration (ATRA) publications; IFRS, CICA, and FASB tax accounting standards; and other relevant sources.

This tax return preparation guide is available on Taxnet Pro, Canada's most comprehensive online tax research service.

What's New in This Edition:

The Corporate Tax Return and Provisions Guide, 2022 edition, has been updated to reflect all 2021 legislative and administrative developments, including federal and provincial budget measures, technical amendments, draft legislation, the latest court cases and government publications, and recent tax articles/journals.

  • Corporate residency/permanent establishments: Updated to reflect recent case law and CRA publications
  • Stock Options: New section added to cover the non-qualified security rules, including the available corporate deduction
  • Loss utilization/trading: Updated to reflect recent case law
  • Partnership Interests: Recent cases and articles dealing confusion over whether a partnership interest in a single-property for tax purposes
  • Depreciable Property Classification Table: Updated to reflect new recent CRA Views Docs and cases
  • CCPCs and Depreciable Property: Budget 2021 introduced temporary immediate expensing rules in respect of “eligible property”
  • Meaning of Control: Discussion updated to reflect recent case law dealing with the meaning of control and de facto control for various purposes
  • Transfer Pricing: Commentary revised to reflect updated CRA publications and the consequences of recent case law
  • Taxable Canadian Property (TCP): The SCC found that the GAAR did not apply in a treaty shopping case
  • Foreign Affiliate Information Returns: A revised Form T1134 has been released
  • Foreign Affiliate Investment Business: The SCC clarified the application of the “investment business” FAPI exception rules
  • CCPCs: Chapter updated to reflect CRA publications and case law dealing with the computation of the small business deduction, refundable taxes, the association rules, and capital dividends
  • Assessments/Audits: Chapter updated to cover recent case law and CRA publications
  • Non-Arm’s Length Sale of Shares: Updated to reflect Bill C-208 amendments (intergenerational family business transfers)
  • Capital Gains Stripping and the TOSI Rules: Both sections of the Guide were updated to reflect many new CRA positions and other developments


About Thomson Reuters ProView

ProView is the way to read Thomson Reuters eBooks and eLooseleafs, published primarily for legal, accounting, human resources, and tax professions. The Thomson Reuters ProView web-based application is accessed via your browser. With the new ProView web app, offline capability is now available from your browser. The web application has a responsive design and is compatible with desktop, laptop and mobile devices.