Understanding Corporations and how to use them to effectively operate, grow , transition or exit your farm.Durée du programme :
Un jour ou moins
Based on very positive reviews from last year we are again offering this one day workshop, November 14th 2014 and again on January 14, 2015 We feel that this is an opportunity to fill an educational gap that often exists in the many details of forming, operating and dissolving a corporation. It will dispel many myths, as well as create awareness of pitfalls to avoid. The subject material is presented in a simple manner that will add to the knowledge of corporate newbies, wannabes or seasoned shareholders
Programme :
· Points to consider in making the decision to incorporate
· What is involved in setting up a corporation
· How assets are transferred to a corporation and how preferred shares and
shareholder loans are received as payment
· Understanding best practices of operating a corporation and keeping records for a
corporation
· Basics of corporate income tax, specifically understanding the Small Business Deduction, active and inactive income, Refundable Dividend Tax on Hand,
GeneralRate Income Pool, Capital Dividend Account
· Removing funds from a corporation; wages, dividends or shareholder loans
· Tax treatment of using corporate assets for personal use and visa versa
· The corporation as beneficiary of life insurance
· Corporate funded medical plans
· Using a corporation to effectively grow and operate your farm
· Using a corporation to accomplish intergenerational transfer of the farm
· Using a corporation to exit the farm
· Purifying a corporation so that the rollover rules and capital gains deduction are
preserved
· Winding up a corporation
Coût :
$500.00 per individual or $750.00 per couple
Public cible :
Diplôme/Certificat :
Certificat
Each participant will receive a certificate indicating they have completed the course
Mode d'enseignement :
Ateliers
The workshop will take place in a group setting with materials provided for following along and referencing. There will be some hands on work and discussion of individual scenario's using the information that has been learned
Disponibilité du programme :
Le jour
Toute l'année
We have prescheduled 2 workshops to take place in Fillmore SK this year November 14, 2014 and January 14, 2015. We will consider taking this program to other locations at other times if requested.
Entreprises Agricoles:
Général
Sujets de formation :
Planification, stratégie et structure de l’entreprise
Gestion financière (incluant économie de production)
Planification du transfert de l’entreprise
Langue d'enseignement :
Anglais
Personne-contact :
Dernière mise à jour : 2014-11-04
