Course 4Pa3

Topics: Income tax in the United States, Tax, Income tax Pages: 6 (1763 words) Published: November 5, 2014
4SB3 - Fall 2014 - 1 of 6

Commerce 4SB3
Introduction to Canadian Taxation
Fall 2014 Course Outline
Accounting and Financial Management Services
DeGroote School of Business
McMaster University

INSTRUCTOR AND CONTACT INFORMATION
Section 1:
Thursday: 14:30 – 17:20

Section 2:
Tuesday: 14:30 – 17:30

Section 1E:
Tuesday: 19:00 – 22:00

Class location:
DSB/AB102

Class location:
DSB/B105

Class location:
DSB/AB102

Eric Bentzen-Bilkvist
Instructor
ericb@petmas.ca
Office: DSB/313
Office Hours: To be arranged
Tel: (905) 522-6555

COURSE ELEMENTS
Credit Value:
Avenue:
Participation:
Evidence-based:

3
No
Yes
Yes

Leadership:
Ethics:
Innovation:
Experiential:

Yes
No
Yes
No

IT skills:
Numeracy:
Group work:
Final Exam:

www.degroote.mcmaster.ca

No
Yes
Yes
Yes

Global view:
Written skills:
Oral skills:
Guest speaker(s):

Yes
No
Yes
No

4SB3 - Fall 2014 - 2 of 6

COURSE DESCRIPTION
This is the first of two introductory courses in Federal income tax law which are designed to achieve the following objectives:
(1)

to explain the theoretical concepts behind the specific provisions of the law,

(2)

to apply the law in practical problems and case settings,

(3)

to interpret the law, taking into account the specific wording of the provisions, judicial decisions and Canada Revenue Agency's (CRA) position, and

(4)

to introduce basic tax planning concepts through problem application.

REQUIRED COURSE MATERIALS AND READINGS
TEXTBOOKS: We will use the following reading materials, available from the McMaster bookstore. Both text books are required.
• R.E. Beam and S.N. Laiken, Introduction to Federal Income Taxation in Canada, 2014 2015, 35h edition, CCH Canadian Limited, North York, Ontario 2014. • Canadian Income Tax Act with Regulations. (Current edition available in bookstore). Texts are available at the bookstore. Due to the volatile nature of the law governing the study of income tax, students should not attempt the course without current text materials.

EVALUATION
Students are expected to do the required readings and keep up with the exercises and assignments at the end of each chapter in the Beam & Laiken text. Class preparation is essential if the student wishes to obtain maximum benefit from class work. The prime teaching method is class discussion and solving of assigned problems. During the discussion of an assigned problem the instructor will make overview comments, explain the underlying concepts or rationale of the material being applied and emphasize a systematic approach to problems. Extended lectures will not be given on materials that students can read and understand through application. Your final grade will be calculated as follows:

Components and Weights
The components of the course grade will be weighted as follows: COMPONENT

PERCENT

Midterm (tentative, Monday, October 27 @ 7:00pm)

50%

Final

50%

Total

100%

www.degroote.mcmaster.ca

4SB3 - Fall 2014 - 3 of 6

The mid-term examination will be graded on a numerical marking scheme. Students will be informed how the numerical marks can be interpreted in terms of the official letter-grade scale at the time the exams are returned.

There will be no makeups for the mid-term examination. If a student has a valid reason for missing the mid-term examination, as documented by a medical certificate, etc., this portion of the grade will be re-weighted to the final examination. The rules customarily followed by the School of Business will govern absence from the final examination. The instructor reserves the right to adjust grades for class participation or in the event significant improvement is noted on the final exam.

If you have any specific questions in this regard, please ask. NOTE: The use of a McMaster standard calculator is allowed during examinations in this course. See McMaster calculator policy at the following URL:...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • utp courses Essay
  • Fundamentals of Public Speaking: Internet Course Syllabus Essay
  • GBM 381 Entire Course Essay
  • EDU701 COURSE Essay
  • ECET 370 Entire Course Essay
  • Elective Course in English Essay
  • College Students Should Be Allowed to Select Their Own Courses Essay
  • China's Educational Reform: An Increase in Elective Courses Essay

Become a StudyMode Member

Sign Up - It's Free