Basic Tax Law

3 credits · Undergraduate Programs

The basic language and concepts of taxation and identification of taxation issues. Topics include the unit of taxation, the meaning and taxation of income, taxation of benefits, the type and scope of deductions available for business income, and the taxation of capital gains including gains (and losses) on taxpayer assets. Prerequisite: Admission to the Foreign Trained Lawyers Program and consent of the Faculty of Law. Also known as: Law 527