Anti avoidance is a fact of life when dealing with taxes. This particular piece of anti avoidance legislation looks at scenarios where transfers of ownership in a company are structured to hide the true value of the transaction or alternatively where a company is bought with the view of stripping the value out.

After attending this course, delegates will have gained an understanding of the competencies mentioned below and must be able to apply the concepts and techniques in most situations and environments: • Identify a dividend stripping transaction. • Understand and identify the main risks when the criteria are met. • Understand and be able to account for all aspects of the transaction for tax purposes • Understand the anti avoidance provisions

The aim of this session is to an answer to the following questions : • What is dividend stripping? • What anti avoidance provisions are in the Income Tax Act with respect to dividend stripping? • What are the requirements? • What are administrative requirements?

This course would be useful for all persons who provide tax advice for any clients. It would also be useful for any persons who are responsibility for the tax compliance of their businesses or their clients. Any delegate that is looking to get a refresher on the above topics would also be welcome.