The tax mechanics of corporate-owned life insurance — the CDA credit, ACB and NCPI erosion, the exempt test, and a six-trigger checklist for spotting a planning case in a client file. Taught CPA to CPA, every provision on the slide. Watch it when it suits you.
Register once. You'll land on the watch page immediately, and the same details are used to issue your certificate — so use the name you want on it.
1.0 technical hour · may be eligible for Verifiable CPD — members should consult the member regulations. The certificate is issued from the quiz, not from watch time — complete the five questions after the recording and it follows by email within two business days.
How It Works
Your name, email, firm and designation. That's the record your certificate is matched to.
Roughly one hour, captions available. Pause and come back — the watch page is yours to keep.
Completion-based, answer key on submit. Your certificate of attendance — participant name, session, 1.0 technical hour, on-demand with assessment — is emailed within two business days.
1.0 technical hour · may be eligible for Verifiable CPD — members should consult the member regulations. We retain the quiz completion as the attendance record for on-demand viewing.
What's Covered
Term versus permanent, where cash surrender value comes from, the exempt test under Reg 306, and why premiums generally aren't deductible — plus the s. 20(1)(e.2) exception that applies when a policy is collaterally assigned.
How a death benefit reaches a family tax-free: no deemed disposition at death, death benefit less ACB credits the capital dividend account, then the 83(2) election. Plus how to read the illustration a client forwards you.
Three doors into the cash value, the immediate financing arrangement at a recognition level, the six client-file triggers, and one anonymized estate-freeze case walked end to end.
Included
Who Taught It
A Chartered Accountant who began his career as a tax practitioner with a national accounting firm, later an Estate and Tax Planning consultant and Ontario Regional Sales Director. He works with financial advisors and with clients referred by accounting and tax professionals.
Greg leads Dundas Wealth's corporate insurance practice, structuring coordinated tax, wealth, and succession plans for incorporated Canadian business owners — always alongside the client's own CPA.