Introduction to Income Tax

Course Code: ACCT 203

Academic Year: 2023-2024

This course provides a study of current Canadian income tax policies, rules and legislation as they relate to the taxation of individuals. Using exercises, problems, cases and personal tax preparation software, students will apply basic knowledge and understanding of the principles and practices of income taxation that impact individuals. Students will obtain practical experience by applying knowledge gained from this course to preparing personal tax returns, using the publisher-supplied tax software. One of the major aims of this course is to ensure that students achieve a sound foundational understanding of the primary principles and concepts of the Canadian Income Tax Act, putting them in good position for further study. Please note that students who choose to take an online section of this course must write the final exam in person, at either the Humber North or Lakeshore campus, or, if located more than 100km from the campus, through an approved proctoring facility. Any costs associated with this are the sole responsibility of the student.