Understanding the New Reality of Taxation of Business Transactions

Understanding the New Reality of Taxation
of Business Transactions

Location: Carriage House Inn

Date: September 23,  2026

Lunch: 11:30am  

Presentation: 12:00pm

Topic Description: 

• Business Valuation - analyzing trends and changes in business valuations.
• Capital gain vs. business income — the nature and characterization of income, where the line falls between income and capital account, and the tax implications of foreign-exchange gains and losses on account of income versus capital.
• Non-arm's-length share sales — navigating surplus stripping and the inter-generational business transfer rules under section 84.1, and how genuine successions can be structured within the guardrails.
• The QSBCS tests — meeting and maintaining qualified small business corporation share status, the implications upon death, and why being "sale or death-ready" well in advance is critical.

Yen Dang, CPA, CA, CBV, ABV

Bio

Yen Dang, CPA (Ontario), CBV (Chartered Business Valuator), ABV (Accredited in Business Valuation, AICPA), is the founder of Aspen Valuations, a boutique business valuation firm headquartered in Calgary with a team of six, serving clients across Canada and in the US.

Yen has practiced exclusively in business valuation for nearly two decades, determining fair market value for private businesses at pivotal moments - business sales, tax reorganizations, and shareholder buy-ins or buyouts. She is passionate about working alongside business owners and their advisors, including tax accountants, to bring accurate, defensible valuations to the planning process that supports sound tax strategy.

Felicia Mar, CPA, CA

Bio

Felicia Mar, MPAcc, CPA, CA, is the Founder and Senior Tax Advisor of F. Mar Professional Corporation, a Calgary tax boutique serving privately owned businesses, high-net-worth individuals and families, and accounting firms. She is passionate about tax planning and education. Over more than 20 years, Felicia has advised on complex Canadian tax matters and inbound and outbound transactions at KPMG and as a tax partner at BDO. She led the tax audit of Nutrien and the tax function at ATCO Ltd. and Parkland Fuel Corporation. Her deal experience includes CNOOC's $15.1 billion acquisition of Nexen — the largest Canadian deal of its time.

Alongside practice, Felicia has spent over a decade as a facilitator for CPA Canada's In-Depth Tax Program and In-Depth Corporate Reorganizations Course, earning the Jeff K. Jutzi Facilitator Award in 2020. She is also a frequent speaker at market-facing and high-profile events, including CPTS and joint presentations with Scotia Bank and CIBC. Today she pairs big-firm technical depth with the personal attention of a boutique for owner-managed businesses across real estate, energy services, professional corporations, private equity, and more.

 **NOTE**

Lunch starts at 11:30 am

Speaker starts at 12:00 noon

• In-person event only
• Registration Cut-off is on Friday, September 19, 2026
• No refunds, unless ECPAC cancels the event

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