This course introduces the core principles of the Canadian federal income tax system, with a focus on the tax treatment of income, losses, and expenses. Students will explore why societies tax, who and what they tax, and how they do so. The course emphasizes the interpretation and application of tax legislation, encouraging close reading of statutory provisions and engagement with practical examples. Through lectures, videos, quizzes, and problem-based discussions, students will build a strong tax vocabulary and develop the skills needed to analyze and apply tax rules in context. The course centres on legal reasoning rather than math; any numerical examples are limited to simple calculations designed to illustrate how the legal rules function in practice.
This course introduces the core principles of the Canadian federal income tax system, with a focus on the tax treatment of income, losses, and expenses. Students will explore why societies tax, who and what they tax, and how they do so. The course emphasizes the interpretation and application of tax legislation, encouraging close reading of statutory provisions and engagement with practical examples. Through lectures, videos, quizzes, and problem-based discussions, students will build a strong tax vocabulary and develop the skills needed to analyze and apply tax rules in context. The course centres on legal reasoning rather than math; any numerical examples are limited to simple calculations designed to illustrate how the legal rules function in practice.
