Personal Taxation

This course provides students with a strong working knowledge of the current provisions of the Canadian Income Tax Act as they apply to individuals, with an emphasis on personal tax planning. The course offers a comprehensive examination of federal income tax law concerning income earned by individuals from employment, business, and property. Judicial and administrative interpretations of tax law are examined through applied problems and case analyses. Topics covered include the administration of the Canadian tax system, residence, employment income, business and property income, capital gains, other income and deductions, and the computation of taxable income and taxes payable for individuals.