Book Description:
Explore Canadian taxation principles with “Canadian Tax Principles 2019-2020” by Clarence Byrd and Ida Chen. Key for students and CPA participants, this text delves into tax systems, income types, deductions, and tax planning. ISBN: 978-0135762486
Canadian Tax Principles 2019-2020
Authors: Clarence Byrd, Ida Chen
ISBN: 978-0135762486
Description: Canadian Tax Principles 2019-2020, authored by Clarence Byrd and Ida Chen, offers a detailed and strategic approach to understanding the components and functions of the Canadian tax system for the 2019-2020 examination cycle. This essential text is perfectly suited for both undergraduate and graduate students studying Canadian taxation. It is also a vital resource for participants of the CPA Canada In-Depth Tax courses.
The textbook provides exhaustive coverage on various topics including:
- The role of the tax system in modern society
- The structure and function of the Canadian tax system
- The tax environment and the taxpayer
- Sources of income
- Taxable income
- Capital gains and losses
- Business and professional income
- Property income
- Employment income
- Other types of income
- Deductions from income
- Tax credits
- Calculating the tax liability
- Filing the tax return
- Tax planning