This course examines Canada Revenue Agency requirements for reporting for taxes in business applications. Through problem solving and practical application, the student will analyze and apply required income and taxes payable reporting processes legislated by the Canada Revenue Agency. Students will perform computations of net income, taxable income, and taxes payable. In addition, students will examine management strategies that apply tax planning concepts for corporate taxation. Aboriginal cases and problems will be included where applicable and available. Course may be offered in a mixed-delivery format, by video conference and/or face to face instruction.
Prerequisites: Taxation 1 (TAXN 250)
Byrd & Chen’s Canadian Tax Principles 2012-2013 Edition, Pearson-Prentice Hal
Income Tax Act