Instructor(s): Emily Satterthwaite
Pre-requisites/Co-requisites
Canadian Income Tax Law

For graduate students, the course number is LAW2017HS.

Note: The Quercus program will be used for this course. Students must self-enrol in Quercus as soon as confirmed in the course in order to obtain course information.

In Canada, most business activity is carried on through corporations. This course equips students with a basic working knowledge of the core corporate tax provisions in Canadas Income Tax Act while also engaging with the underlying policy choices and distributive trade-offs embedded in them. The course examines how domestic corporations and their shareholders are taxed in Canada with particular attention to the following topics: the policy rationale for having a separate corporate-level tax, the Acts system of integrating corporate- and shareholder-level taxes, the mechanics of transferring assets of an unincorporated business to a corporation, the implications of various types of corporate distributions, the application of specific anti-avoidance rules, the taxation of small business corporations, and the role played by certain corporate reorganization provisions.

Evaluation
Students will be evaluated through class participation (10 percent) and a scheduled three-hour open book final examination (90 percent).

At a Glance

Second Term
Credits
4
Hours
4

Enrolment

Maximum
55
50 JD
5 LLM/SJD/MSL/NDEGS/SJD U

Schedule

M: 10:30 - 12:20
W: 10:30 - 12:20