Paperback, Thomson Reuters
Taxation at Death is an invaluable resource for practitioners, be they accountants, lawyers, trust officers, insurance professionals or other financial advisors, who are dealing with issues relating to Canadian estate planning, taxation at death including tax return filings, and post-mortem estate planning. Written by two experts in this area with many years of practice experience, this book thoroughly explains the special taxation rules which arise at death.
A companion to Taxation of Trusts and Estates, this essential resource includes useful commentary by the authors as well as practical examples, tax planning tips, handy cautions, and informative references to undecided issues. In addition, the book's helpful reference checklists, tables, glossary of terms, and sample deceased taxpayer's tax return make this text a one-stop resource for practitioners in preparing a terminal tax return.
The book provides information on a variety of topics including:
- Computation of income arising in the year of death
- Tax issues arising from the Will
- Special rules and elections applying at death
- Tax filings, payments, and assessments
- Tax implications of death of a non-resident
- Tax treatment of foreign assets
- Examples of post-mortem planning strategies