Enhancing the professionalism of financial advisors in the best interests of the consumer


Course Code 235


Advanced Taxation

Format: Self Study
CE Credits: 30
Pre-requisite: CFP® Core Curriculum (231, 232, 233 & 234)
Study Hours: 137 hours
Member: $560.00*
Non-Member: $794.00*
* plus shipping and applicable taxes

In addressing client needs and objectives, financial advisors must be aware of the impact that income tax regulations have on financial and estate planning. The Advanced Taxation Course provides important information on income tax rules and regulations that affect individuals, partners and company owners and financial advisors themselves.

Target Audience:

Financial advisors

As a CPA, CMA, CGA or CA designation holder you are now entitled to challenge the Advanced Taxation exam.

register now

Learning Objectives:

Taxation of personal and business income

  • To understand the general approach and methods in Canada for the taxation of individuals, partnerships and corporations;
  • To examine a client’s business structure in order to determine potential tax and estate planning benefits of tax incentives such as the Capital Dividend Account, small business deduction, and the dividend tax credit

Taxation of interest, dividends and capital gains

  • To understand how various types of income are taxed during life and at death

Tax planning initiatives

  • To analyze the advantages and disadvantages of establishing an inter vivos trust to meet a client’s financial planning requirements;
  • To evaluate the benefits of buy-sell arrangements in succession planning for shareholders of a closely-held private corporation;
  • To describe the general approach in Canada to the tax treatment of charitable organizations, and the rules governing charitable gifting while alive and on death

Tax-advantaged retirement income programs and products

  • To evaluate the taxation of clients’ retirement income portfolios as part of the financial planning review;
  • To consider the applications for plans such as Tax-Free Savings Accounts, Registered Disability Savings plans and other CRA-regulated investment programs

Taxation of risk management products

  • To examine clients’ insurance portfolios in order to determine the effect of taxation on the value of these products

Delivery Methods:


Advanced Taxation was designed as a self-study course, with success highly dependent on the student's personal discipline. To increase study effectiveness, students should set up a study schedule. To maximize learning, students are encouraged to take full advantage of all the end-of-module self-test questions as well as the examples, glossary and definitions offered throughout the course.

After each module test, students are provided with feedback information on incorrect answers to help them understand and apply what they have learned in their own practice.


Advocis has partnered with a number of post-secondary institutions to offer this course in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.

Registration includes:

  • Printed study guide
  • Self-test questions
  • Access to help for course-related questions — online and fax
  • Access to the Advocis Learning Centre
  • 120-day window for completion
  • First exam attempt

Additional Materials:


Tax Guide for Investment Advisors, John R. Mott, 2013 Edition   $52.00 *

Canadian Taxation of Life Insurance, Florence Marino, Sixth Edition   $114.00 *

* plus shipping and applicable taxes

Completion Requirements:

Passing mark is 60% overall.

Online evaluation:

  • Completion of five online module tests (40% of overall mark)
  • Final online exam (60% of overall mark)

register now