Exposes students to the technical provisions of the Income Tax Act and their interpretation and application. In particular, the course examines the liability for tax and the computation of net income for tax purposes for both individuals and corporation, as well as taxes payable by the individual taxpayers. The course covers how to read, understand and apply the legislation itself. Students are also introduced to the skills necessary to research a tax issue. Weekly hours: 3 Lecture hoursPermission of the department required. Prerequisite(s): COMM 323.3 Note: Students may receive credit for only one of COMM 326.3, COMM 405.3 or COMM 406.3
Exposes students to the technical provisions of the Income Tax Act and their interpretation and application. In particular, the course examines the liability for tax and the computation of net income for tax purposes for both individuals and corporation, as well as taxes payable by the individual taxpayers. The course covers how to read, understand and apply the legislation itself. Students are also introduced to the skills necessary to research a tax issue. Weekly hours: 3 Lecture hoursPermission of the department required. Prerequisite(s): COMM 323.3 Note: Students may receive credit for only one of COMM 326.3, COMM 405.3 or COMM 406.3
