This training course provides a comprehensive understanding of the crucial distinction between tax evasion and tax avoidance, focusing on their legal, ethical, and financial implications. Participants will learn the legal boundaries of tax avoidance strategies that comply with the law, versus the illegal practices of tax evasion that can lead to serious criminal penalties.

Through case studies and real-world examples, attendees will explore how both practices affect individuals and organizations, and the risks associated with each. By the end of the course, participants will have the knowledge and tools to navigate these complex areas of tax law with confidence.

Topics Discussed:

• Distinguishing between tax avoidance, tax planning and tax evasion
  • Introduction to general anti avoidance provisions of the Income Tax Act
• Impermissible tax avoidance arrangements and their tax consequences
• Specific anti-avoidance measures in tax legislation:
  • Value shifting arrangements
  • Trading stock
  • Capital gains and losses
  • Trusts and attribution rules
  • Transfer pricing
• Interest and penalties related to tax avoidance and evasion
• Reportable arrangements

All Included:

• Video presented course
• Downloadable course material
• Certificate of training
• Assessment (optional)
• SAIT Accredited (2 verifiable CPD hours)