An examination of income taxation in Canada for individuals, the self-employed and corporations. Extensive coverage of Canada Revenue Agency regulations, the Income Tax Act, and problems associated with taxes payable by various types of business entities. Includes completion of federal and provincial income tax returns covering all types of income, deductions and tax credits. Other topics include distinguishing between types of income and reconciling business net income for tax purposes. Not available for supplemental.

Instruction (3.0), Work Integrated Learning (1.0)

Equivalent to TAX-251.

Requisite courses: Take ACC-1170 (Required, Previous). Take TAX-2251W (Required, Concurrent).