ACCT 3260

Students analyze the general structure of the Canadian income taxation system and its effect on business decision making and financial planning. This course adopts a decision approach to taxation and focuses on the needs of non-accountants. Topics include an introduction to federal taxation; procedures and administration; income or loss from office, employment, business, and property; capital cost allowances; capital gains and losses; other income and deductions; and calculation of taxable income and tax payable for individuals.