CLE Online

Welcome and Land Acknowledgement (9:00 – 9:10)

Todd R. Bell — Basran Robin & Bell, Vancouver
Scott L. Booth, KC — Jenkins Marzban Logan LLP, Vancouver

Distributive Taxes (9:10 – 10:15)

• where do distributive taxes stand since Mahmoud v. Sanai
• the effect of the valuator's conclusions in calculation of distributive taxes
• the effect of assumptions in calculation of distributive taxes

Kiu Ghanavizchian, CPA, CA, CBV, MBA — Blair Mackay Mynett Valuations Inc., Vancouver
Eli C. Walker — Aaron Gordon Daykin Nordlinger LLP, Vancouver

BREAK (10:15 – 10:30)

Minority Report: Nuanced Issues Relating to Minority Discounts (10:30 – 11:35)

• national review of the treatment of minority discounts by provincial Courts of Appeal
• the limits: where the CBV stops, and the judge must begin
• issues arising in family run businesses with multiple shareholders and/or several generations 
• where the shareholder has a minority interest in an individual corporation but exerts control over the larger organization of related companies 
• how to attack/defend the CBV's findings 

Todd R. Bell — Basran Robin & Bell, Vancouver
Jane M. Reid — Jenkins Marzban Logan LLP, Vancouver
Lucas Terpkosh, CPA, CA, CBV — Blair Mackay Mynett Valuations Inc., Vancouver

BREAK (11:35 – 11:50)

Unusual Forms of Income (11:50 – 12:55)

• deferred income
• grants
• restricted share units
• forgivable loans

Ian B. Hayward — Hayward Sheppard, Vancouver

LUNCH (12:55 – 1:35)

Judicial Time Travel: Adjusting Valuation Date for Fairness (1:35 – 2:40)

• fairness in a red hot real estate market
• dispute resolution and reduced judicial resources
• the personal and financial cost of delay
• impacts on children
• the evolving law on adjusted valuation dates

Nikki L. Charlton — Farris LLP, Vancouver
Morag M.J. MacLeod, KC — Barrister & Solicitor, Vancouver

BREAK (2:40 – 2:55)

Advanced Issues with Guideline Income Reports (2:55 – 3:55)

• what is the evidentiary status of a guideline income report
• when should a guideline income report be obtained
• giving instructions to the expert—managing factual assumptions and cost
• s. 18 adjustments and availability of funds
• accounting for minority interests
• dealing with personal expenses
• s. 19 imputation of income

Patti Daum, CPA, CA, CBV — Daum Valuation and Financial Services Ltd., Vancouver
Jacqueline G. McQueen, KC — Aaron Gordon Daykin Nordlinger LLP, Vancouver

Closing Remarks (3:55 – 4:00)

Todd R. Bell — Basran Robin & Bell, Vancouver
Scott L. Booth, KC — Jenkins Marzban Logan LLP, Vancouver