ACCT 4335

The students will study a variety of complex tax issues such as corporate reorganizations, amalgamation, wind-up, loss utilization and the limitation of losses from an acquisition of control, estate-planning, business acquisitions and divestitures either in the form of assets or shares. They will also learn about specialized topics such as the use of partnerships and trusts as tax planning tools, and the taxation of non-residents. In analyzing and integrating the business, financial, succession-planning and income tax consequences of these complex transactions and situations, the students will gain a deeper understanding of the effects of the Income Tax Act on business decisions.