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)
- 50% in FMGT 3410
Credits
5.5
Cost
$774.84 - $787.70 See individual course offerings below for actual costs.
Course offerings
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
Credits
5.5
Cost
$787.70
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.
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 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
Credits
5.5
Cost
$774.84
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.
-
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
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
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
Credits
5.5
Cost
$774.84
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 Monday, Feb. 20th (Family Day) & Monday, April 10th (Easter Monday).
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Spring/Summer 2023
Below are two offerings of FMGT 4410 for the Spring/Summer 2023 term.
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
Course outline TBD — see Learning Outcomes in the interim.
Credits
5.5
Cost
$774.84
Important information
-
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
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
-
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
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
- 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
- Financial Planning
Diploma Part-time
- Financial Planning
Diploma Full-time
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Programs and courses are subject to change without notice.