Accounting 410 | ACCT410 |
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Canadian Income Tax 2 | 3 (3-0-0-0-0) |
Building on the foundation presented in ACCT310, this course introduces students to concepts and principles of taxation for corporations’ resident in Canada, including income trusts, business reorganizations, partnerships, business sale, and winding up of corporations. Focussing on tax planning, Students will study the methods in determining corporate income tax payable, the calculation of Goods and Services Tax 'GST', and shareholder transactions through applied exercises and problems utilizing common business tools, models, and analytics. Prerequisites: Accounting 310 and 3rd year standing required |