LAW 504
Taxation Law
(Crowe)
Prerequisite courses: None
Prerequisite for: International Taxation (LAW 603) / Estate Planning (LAW 660) / Corporate Taxation (LAW 665)
Instructor(s): Wendi P. Crowe, Miller Thomson LLP
Course credit: 3
Method of presentation: Lecture
Teamwork: NO
METHOD OF EVALUATION
30% open-book midterm examination
70% open-book final examination
COURSE DESCRIPTION
This is the first and most introductory income taxation course offered by the Faculty. It will cover the basic principles, concepts and policies of taxation, and will serve both as a foundation upon which further tax knowledge and strategies can be built, and as a stand-alone course for students who wish to practice in non-taxation law areas such as: corporate/commercial, employment, family, wills and estates, real estate, trusts, etc. and want to know about some of the income tax issues that will likely arise in their practice.
The course will focus primarily on the taxation of individuals but will also touch on the taxation of other entities. Topics to be discussed may include:
An Overview of Income Taxation Law in Canada
Who Is Subject to Tax
A Brief Overview of the Taxation of Corporations and Trusts
The Mechanics of Income Taxation
The Taxation of Employment Income, Business and Property Income, and Capital Gains and Losses, and
The Administration of Income Tax Law
No prior knowledge or experience in taxation, accounting, business, economics, etc. is required to excel in this course.
SPECIAL COMMENTS
Description updated 2026-27. Please contact the instructor for any specific questions you may have related to this particular course section.
REQUIRED TEXTS (IF ANY)
No texts are required. Students will be provided with a free copy of the Income Tax Act (Canada) after course enrollment is confirmed.