It's often a very difficult decision for your client to make, when they must decide whether to transfer holdings in their farm or farm property. But the complexity doesn't end there. While that decision is being made, the advisors must step in and help to ensure that the transactions are arranged in the most tax efficient and practical manner. For those approaching any potential farm restructurings or sales, this webinar will be essential.

This archive webinar covers a comprehensive look at the preferential tax treatment that transfers of qualifying farms or farm property can enjoy on passing to the next generation or on the sale to outside parties. This includes an overview of the capital gains exemption available for the sale of qualifying farm property shares and partnership interests, and rollovers to certain family members (both inter vivos and on death). While similarities do exist with among these transfers, there are traps and nuances that practitioners must be aware of to ensure their transactions qualify for beneficial tax treatment desired.

More specifically, for each of the above types of transfers, this archived webinar will explore:

• What property qualifies for the treatment?
• Who is entitled to the preferential tax benefit?
• What does farming mean in these contexts?
  • What is the business of farming for tax purposes?
  • What is being "actively engaged on a regular and continuous basis"?
  • Who must farm the property?
  • When must farming activity take place?
  • How much of the property must be used in farming?
• What are the common things farms may do to fall offside?
• Putting it all together - a compare & contrast with examples
• Bonus Issue (time permitting) - Craig vs. the Queen - restricted farm losses

Note: This webinar took place on October 1, 2013.

If you would like more details about this product, or would like to order a copy online, please click here.

The complex field of benefits and pensions becomes a lot clearer with the help of Canadian Employment Benefits and Pension Guide newsletter. It will make it easy to stay on top of legislative developments and policy initiatives across Canada. You'll stay abreast of legislation, tax issues, news from the U.S., and vital statistics such as CIA minimum transfer value rates. And each issue has feature articles providing insight and advice on major issues and emerging trends.

Included free with the purchase of Canadian Employment Benefits and Pension Guide.

Updated monthly. Available in PDF format.

If you would like more details about this product, or would like to order a copy online, please click here.

This publication is designed to save you time when you need information. It's the first publication in Canada to give you a searchable database on both benefits and pensions in a CD-ROM or Internet format. With this Guide, you'll have the most comprehensive library available for employment benefits and pensions in Canada. Just look over the topics covered below and you'll see that this unique publication includes all the information you need in one convenient-to-access source.

Includes monthly newsletter, Canadian Employment Benefits and Pensions Guide Newsletter.

With the launch of the new Internet platform, the updates to your research library are delivered immediately from the editors' desktop to you. The CD and looseleaf subscriptions are updated monthly.

Topics Covered

• Government Sponsored Pension Plans
• Employer Plans – Standards Legislation
• Tax Issues – Employer Sponsored Plans
• Registered Retirement Savings Plans
• How to Set Up a Plan
• Plan Administration
• Social Security Agreements
• Employee Benefits
• Executive and Incentive Compensation
• Flex Benefits and Work Practices
• Pre-Retirement Counseling
• Legislation
• Releases, Bulletins, Policies
• Full text of Laws & Regulations for federal and provincial Pension Legislation
• Pension Appeals Board cases and recent case digests (CCH is the only publisher that carries PAB cases! Pension Appeal Board sends only to us to publish – cases go back as far as 1960's in the electronic format)

Features

• This product's information, analysis and current news will help you develop and administer benefit and pension plans.
• It will keep you up-to-date on information pertaining to benefits and pension contributions.
• The immediate retrieval (in the electronic version) of information, instant links from section to section and program to program, and the extensive information and research resources of CCH, make it an indispensable addition to your HR library.
• This guide describes thoroughly the types of plans available and includes a design criteria and registration information you can use to implement in your organization.
• Conveniently organized commentary and charts help you with the plan's day-today administration.
• For your convenience, relevant tax issues are easily referenced and explanatory commentary is consolidated alongside Revenue Canada Information Bulletins and Circulars, and Guides.
• Enjoy access to information on a full range of employee benefits, including group insurance plans, bonuses, workers' compensation and employment insurance.

If you would like more details about this product, or would like to order a copy online, please click here.



Full Article

Summary of this eBook

In periods of fluctuating economies and rapidly changing workforces, Pensions and Benefits take on an added importance. In the section on Pensions you will have access to an extensive review of pension legislation and requirements, funding guidelines, and taxation as well as other critical information necessary to help you manage your portfolio through these challenging times. The section on Benefits will guide you through the multitude of choices available, including flex plans and non-traditional benefits, and discuss how each can be used to provide additional value or cost control. In Payroll Processing, you will find an effective, easy-to-navigate reference guide for all your payroll needs.

This eBook has three sections:

• Pensions
• Benefits
• Payroll Processing

About the Authors

Neil Cohen obtained his LL.B. from the University of Western Ontario and was called to the Bar in 1996. He has extensive experience as a research lawyer and writer in the human resources field. He previously worked as a research lawyer with a major consulting firm, and as the Senior Editor of the CCH publication the Canadian Employment Benefits and Pension Guide. Neil is the current editor of the CCH publication PENFACTS: A Guide to Pensions in Canada.

Theo Anne Opie, LL.B. received her LL.B. from the University of Windsor and is a member of the Law Society of Upper Canada. She specializes in the areas of Payroll, Human Resources, and Employment Standards law. She has written for such CCH products as the Canadian Labour Law Reporter, Labour Notes, PaySource, and Tax Topics.

Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.