Corporate Taxation

Course Code: ACCP 5304

Academic Year: 2022-2023

Students in this course will explore the theoretical concepts behind specific provisions of the law as they relate to the taxation of corporations. Students will have the opportunity to apply the law in practical problems and case settings. Students will examine non-arm's length transfers, income attribution, investment income, corporate surplus distributions and rollovers in Canadian corporations. They will perform computations of net income, taxable income and taxes payable manually and also analyze the information in order to develop an understanding of the importance of tax planning. In addition, students will interpret the law, taking into account the specific wording of the provisions, judicial decisions and the CRA's position, and introduce basic tax planning concepts through problem and case application.