Economics

ECON3204The Taxation of Personal Income: Principles and Practice (O)3 ch (3C)

The taxation of personal income in Canada. Topics include the concept of taxable income; capital gains; dividends; deduction vs credits; tax rates; economic efficiency and equity; alternative forms  of taxation. This course also examines the Canadian tax treatment of personal income  in detail.

Prerequisite: First-year microeconomics (ECON 1013, or ECON 1014 or ECON 1073), or permission of the instructor.