Derivative Assessments – And Why You Should Be Concerned with Them (Regardless of Your Practice Area)  

May 7, 2018
Kitchener ON

OBA Taxation LAW PROGRAM | 8:00 AM to 10:00 AM

A derivative assessment can be triggered, and a tax debt can be transferrable to your client when he or she receives an innocent transfer of property from a family member, or even an unrelated party.  If this sounds concerning, it should.   Attend this program to hear from our expert speaker, who has been doing tax dispute resolution and tax litigation for 15 years. He will address the application of section 160 of the Income Tax Act and section 325 of the Excise Tax Act where innocent transfers of property between family members or unrelated parties can cause a derivative assessment to occur, including in family law cases, upon the transfers of properties on breakdowns of relationships and separation, or transfers to evidence shared interests in property. 

In addition, our speaker will discuss the application of director’s liability under both of those same statutes, which causes current or former directors to be found liable for the tax debts of corporations years after the business has ceased.  Considerations include whether the resignation of the director was valid for tax purposes and whether a directorship still existed even after a valid resignation.

You will also receive advice and tips on the professional ethics and compliance issues you may face when your clients seek to have you back-date relationships or events to escape the derivative liability, and when it is (and is not) acceptable  to create documents after the fact.

Register now to ensure your spot for this important discussion!


James Rhodes, Taxation Lawyers


Angela Salvatore, Taxation Lawyers


Date: Monday, May 7, 2018
Time: 7:30 am Registration & Networking Breakfast
8:00 am - 10:00 am Program
Location: Crowne Plaza Kitchener-Waterloo
105 King Street East | Kitchener, ON | N2G 2K8


CBA Member: $99* | CBA Student Member: $65* | Non-Member: $145*

*plus applicable taxes


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    This program is also available as a Live Webcast



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