Taxation 2

Undergraduate

Topics may include taxable income and taxes payable for individuals, computation of taxable income and taxes payable for corporations, tax implications of changes in corporate structures, corporate distributions, shareholder and manager remuneration. Trusts and Partnerships, determination of the effects of federal income taxes on decision-making. Discussion of taxation issues that integrate across businesses and for individuals. Course Format: Lectures, discussion, 3 hours per week. Restrictions: Open to BAcc majors or permission of the Department. Prerequisite(s): ACTG 3P43 or ACTG 4P41 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 4P42.