Course Overview
The topical coverage is designed to follow the general structure of the Canadian Income Tax Act. Lecture, seminar and additional readings are utilized to help students locate, interpret and analyse the selected provisions. The course will examine the major income categories and applicable rules used to calculate net income for tax purposes. The course will also determine who is subject to tax in Canada and the basis on which Canada levies income tax.
Domestic fees
$649.09 - $663.75 See individual course offerings below for actual costs.
International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Understand the structure and organization of the Income Tax Act.
- Locate and interpret information from the Income Tax Act and relevant tax publications.
- Understand who is liable to pay Canadian income tax.
- Determine the residency of individuals and corporations.
- Calculate "Income or Loss from an Office or Employment".
- Calculate CCA and recognize basic tax planning possibilities for depreciable assets.
- Calculate "Income or Loss from a Business".
- Identify and employ basic tax savings or deferral decisions.
- Calculate "Net Income for Tax Purposes" using the ordering rules of Section 3.
Effective as of Fall 2018
Related Programs
Taxation 1 (FMGT 3410) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Business + Media
- Accounting
Diploma Full-time
- Accounting
Diploma Part-time
- Finance
Diploma Full-time
- Finance
Diploma Part-time
- Financial Management (Finance Option)
Certificate Part-time
- Financial Management (Professional Accounting Option)
Certificate Part-time
- Payroll Administration
Certificate Part-time
Course Offerings
Spring/Summer 2026
Below are three offerings of FMGT 3410 for the Spring/Summer 2026 term.
CRN 56039
Dates
Apr 11 - Jul 11 Loading
- CRN 56039
- $663.75 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 11 - Jul 11 | Sat | 09:00 - 13:00 | Burnaby SW03 Rm. 2765 |
Duration
13 weeks
Instructor
Christopher Huang
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- Class WILL NOT be held on Saturday, May 2, 2025.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
CRN 29859
Dates
Apr 14 - Jul 07 Loading
- CRN 29859
- $649.09 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 14 - Jul 07 | Tue | 17:30 - 21:15 | Downtown DTC Rm. 470 |
Duration
13 weeks
Instructor
Raminder Pooni
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
CRN 58611
Dates
May 29 - Aug 21 Loading
- CRN 58611
- $663.75 Domestic fees
Class meeting times
Duration
13 weeks
Instructor
Jessie Yang
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
Status
If you have any questions about this course, please contact us.
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.