Understanding When and How Courts Correct Tax Transaction Errors.
In this course tailored for CPA's, you will learn when and how rectification can apply to errors in tax planning transactions. Rectification is an equitable remedy where a court orders a change in a written document to reflect what it ought to have said inthe first place.
Everyone makes mistakes. But when those mistakes show up in completed tax transactions, the consequences can be expensive!In this course, Andrew Winton, a leading commercial litigator, will explain in everyday language how lawyers can sometimescorrect errors in tax transactions through the equitable remedy of "rectification". Rectification is not readily available. Partieshave to meet a stringent test. Knowing in advance what types of errors can be corrected can set tax planners up for more likelysuccess in the unlikely event that they need to apply for this remedy.
Specific topics areas will include:
This course is ideal for: CPAs who engage in complex tax planning and advice.
AJAG Professional Development was founded in 2003 with a mission of making professional development easier and more cost-effective for Canadian accountants and other financial advisory professionals. Our comprehensive range of flexible and reasonably-priced courses, programs and seminars are delivered online and in classroom-style settings in the Greater Toronto Area (Toronto, Oakville and Markham). AJAG features a roster of highly-qualified instructors who deliver content that is pertinent, up-to-date and engaging.
This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.
If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.
