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Course details

The course will follow a conceptual framework based upon the structural elements of the Income Tax Act. Topics include the calculation of Net Income for Tax Purposes, Taxable Income, and Taxes Payable for individuals and corporations. The course also includes non-arm's length transactions, attribution, retirement savings, residency issues, and corporate integration issues. Basic tax planning strategies for individuals and corporations will also be explored.

Prerequisite(s)

Credits

5.5

Cost

$774.84 - $787.70 See individual course offerings below for actual costs.

Course offerings

Fall 2022

Below are two offerings of FMGT 4410 for the Fall 2022 term.

CRN 32630

Duration

Mon Sep 12 - Mon Dec 05 (13 weeks)

  • 13 weeks
  • CRN 32630
  • $774.84
Class meeting times
Dates Days Times Locations
Sep 12 - Dec 05 Mon 17:30 - 21:30 Downtown DTC Rm. 385
Instructor

Malwinder Gill

Course outline

View

Credits

5.5

Cost

$774.84

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. Class WILL BE held on Monday, October 10th (Thanksgiving)
Status

In Progress

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

CRN 35691

Duration

Fri Sep 16 - Sat Dec 17 (12 weeks)

  • 12 weeks
  • CRN 35691
  • $787.70
Class meeting times
Dates Days Times Locations
Sep 16 - Oct 28 Fri 13:00 - 17:00 Online
Nov 04 Fri 13:00 - 17:00 Burnaby DTC Rm. 483
Nov 11 - Dec 16 Fri 13:00 - 17:00 Online
Dec 17 Sat 13:00 - 17:00 Burnaby SE06 Rm. 104
Instructor

Shiraz Charania

Course outline

View

Credits

5.5

Cost

$787.70

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. Last class will be held on Saturday, December 17th The following dates will be HELD IN-CLASS: Midterm: November 4th at the Downtown Campus Final: December 17th at the Burnaby Campus Important Information. This is a Bring Your Own Device (BYOD) laptop course. Students are required to bring their laptop to the in-person sessions. A desktop computer is not suitable for this course. Students will access their exams through their laptop. The laptop should be able to be used without the use of a charger, for a minimum of three (3) hours. Class WILL NOT be held on Friday, September 30th (Truth and Reconciliation Day) and Friday, November 11th (Remembrance Day). This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date
Status

In Progress

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

Winter 2023

Below are three offerings of FMGT 4410 for the Winter 2023 term.

CRN 44464

Duration

Thu Jan 05 - Thu Mar 30 (13 weeks)

  • 13 weeks
  • CRN 44464
  • $787.70
Class meeting times
Dates Days Times Locations
Jan 05 - Mar 30 Thu 18:00 - 22:00 Burnaby SW01 Rm. 2005
Instructor

Malwinder Gill

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Cost

$787.70

Status

CRN 80909

Duration

Fri Jan 06 - Fri Apr 14 (13 weeks)

  • 13 weeks
  • CRN 80909
  • $774.84
Class meeting times
Dates Days Times Locations
Jan 06 - Feb 10 Fri 13:00 - 17:00 Online
Feb 17 Fri 13:00 - 17:00 Downtown DTC Rm. 481
Feb 24 - Mar 31 Fri 13:00 - 17:00 Online
Apr 14 Fri 13:00 - 17:00 Downtown DTC Rm. 481
Instructor

Shiraz Charania

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Cost

$774.84

Important information
  1. The following dates will be HELD IN-CLASS at the Downtown Campus. Midterm: February 17th Final: April 14th Please be advised that you will NEED TO BRING YOUR OWN DEVICE for the in-class exams. Please ensure that your device has at least 4hrs of battery life. Class WILL NOT be held on Friday, February 24th & Friday, April 7th (Good Friday) This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date.
Status

CRN 44462

Duration

Mon Jan 09 - Mon Apr 24 (14 weeks)

  • 14 weeks
  • CRN 44462
  • $774.84
Class meeting times
Dates Days Times Locations
Jan 09 - Apr 24 Mon 18:15 - 22:00 Downtown DTC Rm. 483
Instructor

Richard Wong

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Cost

$774.84

Important information
  1. Class WILL NOT be held Monday, Feb. 20th (Family Day) & Monday, April 10th (Easter Monday).
Status

Learning Outcomes

Upon successful completion of this course, the student will be able to:

  • Recognize and calculate the components of Net Income for Tax Purposes, Taxable Income, and Taxes Payable for individuals and corporations.
  • Identify non-arm's length party transactions, and calculate the tax effects of the transactions.
  • Calculate the impact of deferred income arrangements.
  • Understand the significance of residency for individuals and corporations, and the mechanism for the taxation of nonresidents.
  • Identify basic tax planning opportunities in areas such as deferred income arrangements and owner/manager remuneration for private corporations.
  • Locate, interpret and cite appropriate tax authority.

Effective as of Fall 2018

Related Programs

Taxation 2 (FMGT 4410) is offered as a part of the following programs:

School of Business + Media

  1. Accounting
    Diploma Full-time
  2. Accounting
    Diploma Part-time
  3. Finance
    Diploma Full-time
  4. Finance
    Diploma Part-time
  5. Financial Management (Finance Option)
    Certificate Part-time
  6. Financial Management (Professional Accounting Option)
    Certificate Part-time
  7. Financial Planning
    Diploma Part-time
  8. Financial Planning
    Diploma Full-time

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