Courses - Principles of Taxation LAWS 2384   Principles of Taxation
CREDIT HOURS: 3
This course provides an introduction to the fundamental principles of personal income taxation in Canada, focusing on the design issues that shape the tax system. It is intended for students seeking a foundational understanding of tax law and its policy dimensions, particularly those who may not intend to practice in the field but wish to obtain a good foundation in Canada’s personal income tax system or gain insight into tax law’s broader societal implications. The course explores key concepts such as equity, efficiency, and simplicity in tax design and reviews select provisions of the Income Tax Act and cases to illustrate these principles. Topics include the basic structure of income taxation, the distinction between income from employment, business, and capital gains, and the challenges of legislative design and statutory interpretation. Students will develop the ability to critically assess tax policy choices and read complex legislation. While doctrinal detail is not the focus, this course provides a solid foundation for those interested in continuing their studies in taxation.
NOTES: ASSESSMENT: In-term problem-oriented assignments.
EXCLUSIONS: Students cannot get credit for this course and LAWS 2029.04- Taxation I