BUSI 2005
Income Tax Fundamentals
A foundation course that aims to introduce the fundamental concepts of income tax laws and regulations as significant elements in the planning and decision making process of taxpayers and managers. Problems, issues and planning associated with the Income Tax Act are discussed.
2021
Topics
- material in the textbook is covered. You are not
- expected to read the entire textbook, or even the
- entire chapter; just the items that match the video
- content)
- Review forum posts and submit any questions you have 10
- from your studies on the relevant discussion forum
- ~540 minutes
- ~9 hours
- Course Schedule
- Participation
- Activity
- Date Coverage
- Deadline
- Why do we tax
- Who do we tax ("persons" defined, basic residency
- concepts)
- structure)
- How do we tax (the Canadian parliamentary process
- and the structure of the ITA)
Readings
- Textbook** “Canadian Tax Principles, 2020-21 edition, Byrd & Chen, 2020”
Prerequisites & course information
Precludes additional credit for BUSI 3005 , BUSI 3015 and BUSI 4015 . Prerequisite(s): BUSI 1001 or BUSI 1004 or BUSI 1011 (with a grade of C- or higher in each). Lecture three hours a week.