Tiered Corporations – Suspended Dividend Refunds

Taylor Diakun, CPA, TEP

Taylor is a senior tax manager at Kingston Ross Pasnak LLP. He has almost 12 years of public practice experience. He currently specializes in estate and tax planning for high-net-worth family enterprises.

Join the CPA Edmonton Club’s first luncheon of the 2026-2027 season for a presentation on the proposed Suspended Dividend Refund rules (Subsections 129(1.3) to 129(1.33) of the Income Tax Act). The presentation will cover:

o When the Suspended Dividend Refund rules apply.

o Exceptions to the Suspended Dividend Refund rules.

o How to release a dividend refund that has been suspended.

o Other practical implications and uncertainties regarding the Suspended Dividend Refund rules.

This subject is extremely important for for:

• Accountants/tax practitioners who manage large corporate groups that have entities with different tax year-ends.
• Corporations that hold minority interests in private companies.