Learn about basic tax concepts, how the Income Tax Act classifies different sources of income in order to identify when an asset should be discounted for tax, how to minimize taxes when structuring a transfer of land or business in your family property settlement, the difference between tax credits, benefits, deductions, and amounts, and how changing parenting arrangements during the pandemic could affect their calculation.

This on-demand program was originally broadcasted as a webinar on July 21, 2020. Total running time is 1 hour, 28 minutes.

You may also be interested in Tax for Family Law Lawyers Part 2: Benefit and Credit Update