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0 15 30 April 27, 2025 May 25, 2025
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1 Cover 29 36
2 9.4 What are some significant differences for the treatment of Division 'C' deductions for individuals and corporations? 8 9
3 3.1 Child Care expenses and how they are treated for tax purposes? 7 7
4 6.9 What is a non-arm’s length transaction and what are the tax implications? 6 7
5 4.5 What is an allowance? What is a reimbursement? How are they treated differently for tax purposes? 6 6
6 6.7 How are eligible, non-eligible and capital dividends taxed in the hands of an individual? Are there any other tax implications? Why do they have different tax treatments?  6 6
7 6.2 What is a Terminal Loss? What is Recapture? How are they recorded in net income for tax purposes? 5 6
8 Chapter 2: Residency, filing rules, appeals etc. 1 6
9 8.7 What is a capital gains reserve? How is it calculated? Why does it exist? 6 6
10 1.1 Describe the ITA Section 3 ordering rules formula. How does this tie into Net Income for Tax Purposes (also known as 'Division B' income)? 5 5
11 1.10 How are charitable donations and political donations treated on a tax return? Why are they treated this way? 5 5
12 Chapter 1: Structure of The Personal Tax Return 4 5
13 3.2 Describe moving expenses and how they are treated for tax purposes. 3 4
14 2.5 How are penalties and interest calculated on late payments and late filings? 2 3
15 2.6 What are prescribed rates? 3 3
16 4.1 Why is it important to determine if someone is an employee or self-employed and how would CRA assess it? 3 3
17 8.2 What is Personal Use Property and Listed Personal Property? What are the tax implications? Why do these rules exist? 3 3
18 6.6 What is the Accelerated Investment Incentive and what are the basics of how it works? 3 3
19 9.1 Explain the tax concept of “integration” 3 3
20 Book Navigation 3 3