Chapter PD: Tax Issues re the Purchase and Sale of Residential Real Estate in BC & Overview of the Tax Dispute Process: How to Fix Mistakes

June 22, 2019

Photo by: Getty Imaages

Topic 1 – Tax Issues re the Purchase and Sale of Residential Real Estate in BC (2 hours)

OBJECTIVE: This two hour seminar provides practitioners with an overview of the critical income tax, GST and provincial and municipal tax issues pertaining to the purchase, development and sale of residential real estate in British Columbia.

By the end of the course, participants will be able to identify existing or impending tax issues pertaining to residential real estate transactions in B.C. for their clients and add value to their existing client relationships by either proposing resolutions to identified tax problems or giving consideration to future planning opportunities.

WHO SHOULD ATTEND: Practitioners with a tax background who regularly advise clients with respect to the purchase and sale of real estate, and/or who are responsible for the preparation of tax returns for such persons.

CONTENT:

  • Disposition of real estate and income tax consequences
  • Definition of “builder” under the Excise Tax Act
  • Applicability of the Foreign Buyers’ Tax in BC
  • Understanding of the new Speculation and Vacancy Tax Act
  • Recent changes and issues associated with the Empty Homes Tax

Topic 2: Overview of the Tax Dispute Process: How to Fix Mistakes (2 hours) 

OBJECTIVE: This two hour seminar provides practitioners with an overview of the various methods by which tax disputes and mistakes can be resolved under the Income Tax Act and the Excise Tax Act.

WHO SHOULD ATTEND: Practitioners with a tax background who file tax returns on behalf of their clients and review and advise on notices of assessment issued to their clients, who regularly provide advice to their clients concerning CRA audit issues, and/or who represent their clients in disputes with the CRA.

PREREQUISITES: None

CONTENT:

  • Understanding of the procedures and timelines for filing notices of objection
  • Objection and appeal processes
  • Alternative dispute-resolution measures
  • Update on the CRA’s new voluntary disclosure program
Details
Date:Saturday, June 22, 2019
Where: Executive Airport Plaza Hotel, 7311 Westminster Hwy Richmond, BC
Time:  Registration & Breakfast : 8:15 am – 9:00 am | Session: 9:00 am – 1:00 pm
Cost:$85 + GST – (Regular) | $80 + GST – (Early bird discount – until May 11, 2019)
CPD | Level:4 Hours | General
To Register:Click here

Complimentary Parking provided by the hotel (We will be sending out a parking pass prior to the event)

INSTRUCTORS:

Michelle Moriartey, Legacy Tax + Trust Lawyers

Michelle is a Legacy Principal whose practice involves all aspects of tax dispute resolution. She represents clients in disputes with the CRA and provincial tax authorities at the audit and objection levels and in appeals of assessments to court.

In addition, Michelle resolves tax problems through other means, including voluntary disclosures, taxpayer relief requests, rectification and rescission proceedings and remission applications. Michelle advises clients in respect of a wide range of Canadian tax issues. Before joining Legacy, Michelle served as a Judicial Clerk at the Federal Court of Appeal and then practiced for four years with the tax group of a national law firm.

Laura M. Peach, Legacy Tax + Trust Lawyers

Laura assists clients with personal and corporate tax planning, including business succession, corporate reorganization, estate planning and trust matters. Laura also assists taxpayers with resolving complex tax problems, including disputes with the CRA.

Prior to joining Legacy in 2015, Laura practiced taxation and corporate law at a large regional firm in Vancouver. Before that, she served as a Judicial Law Clerk at the BC Court of Appeal.

Laura received her Bachelor of Arts degree with a major in Criminology from SFU in 2010 and a Juris Doctor degree from Dalhousie University, Schulich School of Law, in 2013.

Posted in pd