Taxation II

Undergraduate

Computation of taxable income and taxes payable for individuals and corporations. Rights and obligations of the taxpayer. Determination of the effects of federal income taxes on decision-making, partnerships and trusts. Course Format: Lectures, discussion, 3 hours per week. Restrictions: Open to BAcc majors or permission of the Department. In Spring Session, open to BAcc Co-op majors until date specified in Registration guide. In Fall Term, open to BAcc non Co-op majors until date specified in Registration guide. Prerequisite(s): ACTG 3P41 Course Notes: This course may be offered in multiple modes of delivery. The method of delivery will be listed on the academic timetable, in the applicable term. Exclusions: Completion of this course will replace previous assigned grade and credit obtained in ACTG 4P40.