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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 - $805.60 See individual course offerings below for actual costs.

Course offerings

Spring/Summer 2023

Below are three offerings of FMGT 4410 for the Spring/Summer 2023 term.

CRN 62470

Duration

Tue Jun 06 - Tue Aug 22 (13 weeks)

  • 13 weeks
  • CRN 62470
  • $787.70
Class meeting times
Dates Days Times Locations
Jun 06 - Jul 04 Tue 09:00 - 13:00 Online
Jul 18 N/A 09:00 - 13:00 Burnaby SE06 Rm. 102
Jul 25 - Aug 15 Tue 09:00 - 13:00 Online
Aug 22 Tue 09:00 - 13:00 Burnaby SE06 Rm. 102
Instructor

Shiraz Charania

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Cost

$787.70

Important information
  1. The following dates will be HELD IN-CLASS at the Burnaby campus: Mid-Term Exam: Tuesday, July 18th (0900 – 1200), Final Exam: Tuesday, August 22nd (0900 – 1200). 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 4 hours of battery life. 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 that 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 if 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 62413

Duration

Fri Apr 28 - Fri Jul 21 (13 weeks)

  • 13 weeks
  • CRN 62413
  • $774.84
Class meeting times
Dates Days Times Locations
Apr 28 - Jun 02 Fri 09:00 - 13:00 Online
Jun 09 Fri 09:00 - 13:00 Downtown DTC Rm. 810
Jun 16 - Jul 14 Fri 09:00 - 13:00 Online
Jul 21 Fri 09:00 - 13:00 Downtown DTC Rm. 810
Instructor

Shiraz Charania

Course outline

View

Credits

5.5

Cost

$774.84

Important information
  1. The following dates will be HELD IN-CLASS at the Downtown Campus: Midterm: Friday, June 9th Final: Friday, July 21st 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. 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.

CRN 29862

Duration

Thu Jun 08 - Mon Jul 24 (7 weeks)

  • 7 weeks
  • CRN 29862
  • $774.84
Class meeting times
Dates Days Times Locations
Jun 08 - Jul 24 Mon, Thu 17:30 - 21:30 Downtown DTC Rm. 385
Instructor

Malwinder Gill

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 on Monday, July 3rd (In lieu of Canada Day). Due to high volume at the downtown campus at term start, students are advised to purchase their textbooks prior to the first lecture at either the Burnaby or downtown campus bookstores.
Status

Full

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

Fall 2023

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

CRN 32630

Duration

Tue Sep 05 - Tue Nov 28 (13 weeks)

  • 13 weeks
  • CRN 32630
  • $791.85
Class meeting times
Dates Days Times Locations
Sep 05 - Nov 28 Tue 17:30 - 21:30 Downtown DTC Rm. 385
Instructor

Malwinder Gill

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Cost

$791.85

Status

CRN 32632

Duration

Wed Sep 06 - Wed Nov 29 (13 weeks)

  • 13 weeks
  • CRN 32632
  • $805.60
Class meeting times
Dates Days Times Locations
Sep 06 - Nov 29 Wed 18:00 - 22:00 Burnaby
Instructor

Pavan Samra

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Cost

$805.60

Status

CRN 35691

Duration

Fri Sep 15 - Fri Dec 08 (13 weeks)

  • 13 weeks
  • CRN 35691
  • $791.85
Class meeting times
Dates Days Times Locations
Sep 15 - Oct 20 Fri 13:00 - 17:00 Online
Oct 27 Fri 13:00 - 17:00 Downtown DTC Rm. 483
Nov 03 - Dec 01 Fri 13:00 - 17:00 Online
Dec 08 Fri 13:00 - 17:00 Downtown DTC Rm. 483
Instructor

Shiraz Charania

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Cost

$791.85

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

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