RSM322H1 Lecture Notes - Lecture 1: Canadian Tax Foundation, Taxation In Canada, Chartered Professional Accountant
Document Summary
Tuesday 11:00 a. m. 12:00 p. m. in rt 510. Course meets tuesdays: l0101 (9-11; wo 25; kitunen); l0201 (10-12; wo 35; iqbal); l0301 (12-2; wo 35; iqbal); l0401 (2-4; wo 30; kitunen). Tutorials are an integral part of this course. One-hour tutorials are held on mondays: t0101 (12- 1; ww 120); t0201 (1-2; wo 30); t0301 (2-3; ss 562); t0401 (3-4; ww 121). All students must register in one of the four tutorial times. This is the first of two courses in federal income tax law. This course emphasizes the fundamentals of the canadian tax system. Included are topics, such as, tax rates for corporations and individuals, integration, types of income (employment, business, property, capital gains, other), computation of taxable income and tax payable for individuals. A key objective of this course is to assist students in learning to read, interpret and apply provisions of the income tax act (canada) (the ita ) to practical problems and cases.
