BUSINESS A733 / Canadian Taxation II

3 unit(s)

Prerequisite(s): BUSINESS A730, BUSINESS A701, or BUSINESS A702; or concurrent registration in BUSINESS A701 or BUSINESS A702

Antirequisite(s): BUSINESS A732

(Formerly P723) The objective of this course is to advance the student’s knowledge of Canadian federal income taxation in the area of business activities of corporations and transactions with shareholders. Other topics include computation of corporate taxable income and tax for various types of corporations, corporate surplus distribution, the sale of a corporation, and rights and obligations under the Income Tax Act.