Академический Документы
Профессиональный Документы
Культура Документы
Fall 2018
Professor Rick Musselman, CPA, CA, OCT
E-Mail Musselman@telfer.uottawa.ca
Course Description
This is the second course in a two-semester sequence designed to provide a thorough knowledge
of the Canadian income tax system for students who are planning careers as professional
accountants. After ADM 3345 and ADM 4344, students should be competent with respect to the
competency levels described at the entry level in the “CPA Competency Map” and the “CPA
Competency Map Knowledge Supplement”.
While it is not possible to neatly divide the Income Tax Act into provisions relating to
individuals and provisions relating to corporations, the primary emphasis in this second course is
on corporate taxation. However, knowledge of many of the concepts and procedures covered in
the first course will be required in this course.
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Course Contribution to Program Learning Goals
LG6 Pursue Self-Development and Exhibit a Commitment for Life-long Learning
If a mid-term exam or the final exam is missed for a reason that can be supported with a medical
doctor’s certificate, the student must provide appropriate medical documentation to the
undergraduate office. The undergraduate office will forward your request to the Appeals Committee.
If a student misses mid-term exam #1 for reasons approved by the Appeals Committee, the weight
from the missed mid-term exam will be allocated as follows: 10% to mid-term exam #2 and 20% to
the final exam. If a student misses mid-term exam #2 for reasons approved by the Appeals
Committee, the student must write a deferred mid-term exam. If arrangements cannot be made to
have the deferred mid-term exam written prior to the final exam period, the weight of the mid-term
exam will be automatically added to the weight of the final exam. If appropriate medical
documentation is not presented to (and accepted by) the Undergraduate office, missed mid-
term exams and/or missed final exams will be assigned a grade of zero.
Please note that this course is quite difficult and success often requires students to accurately
and quickly respond to questions under significant time constraints. All material covered in
class and/or in the list of readings and assignment problems can be examined in any manner,
either directly or indirectly, at the discretion of the Professor.
Please note that it is not possible to submit extra course work in order to improve your mark.
Please also note that it is not possible to have the weight of the course deliverables changed
from the weights specified above. Similar to workplace expectations, consistency and timely
learning is important to achieve a good grade in this course.
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Course Attendance
The regulation regarding course attendance at Telfer is “Attendance at courses of instruction,
laboratory periods and discussion groups is mandatory.” Attendance in this course will not be
used to determine student grades. However, the Professor will likely not assist students who
request help or information due to their absence from class session(s). Class in this course is
highly beneficial for most students. The benefit of coming to class is that it provides students
with time-saving explanations and/or introductions and/or connections that will help reduce the
time students need to thoroughly learn the complex material. In addition, any in-class
announcements regarding the potential areas of focus for mid-term and final exams may not be
available through any other method.
Other Information
The workload in this course is very heavy. You should plan to spend a minimum of ten to
twelve hours per week working on the relevant material.
Within each chapter, there are “Exercises” (EP) that focus on specific tax topics and calculations.
Additionally, there are a group of “self study problems” (SSP) that correspond to each Chapter.
The SSP are contained on the Byrd and Chen Companion website (this is a password protected
site that requires the use of an access code that is sold to the original purchaser of the text book –
see “Textbooks and Resources section above). The solutions to all of these problems can be
found in the printed Study Guide that accompanies your text. To enjoy a reasonable degree of
success in this course, you should attempt all of the EPs and SSPs that relate to the material
being covered and compare the solution in the Study Guide to your attempt.
Based on past experience, successful students will need to work through all of these problems
numerous times in order to master all of the complicated tax concepts and technical calculations.
To be successful in this course, you need to work throughout the term and not leave learning
until it is too late. This course appears easier than it actually is! If you simply review the
assignment solutions, the concepts appear to be more basic than they actually are. However,
when you attempt problems yourself, the identification and application of concepts can be quite
challenging. Students often need to attempt problems multiple times before the concepts are
clear. Multiple attempts of these problems need to be done on different days to ensure the
concepts are being completely learned.
Following the “self study” problems at the end of each chapter, you will find a group of
“assignment problems” (APs). You should only attempt the assignment problems (APs) that
have been assigned to you because you will not have access to the solutions of APs unless
they have been assigned.
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e) Submitting the same work or a large part of the same piece of work in more than one
course, or a thesis or any other piece of work submitted elsewhere without the prior
approval of the appropriate professors or academic units;
f) Falsifying or misrepresenting an academic evaluation, using a forged or altered
supporting document or facilitating the use of such a document;
g) Taking any action aimed at falsifying an academic evaluation.”1
The Telfer School of Management does not tolerate academic fraud. Please familiarize yourself
with the guidance provided at: http://web5.uottawa.ca/mcs-smc/academicintegrity/home.php
Also, please note that all materials prepared by the course professor
and used in the course, including lab manuals, class handouts and
exam papers, are protected by copyright. Copying or scanning them or
posting them on a website is therefore a violation of copyright and is
illegal.
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ADM 4344A – Taxation II
Fall 2018
Tentative course schedule (subject to change)
PREPARATION PRIOR
CLASS DATE TO CLASS (ALL
SUBJECT CORRESPONDING EXERCISE
PROBLEMS AND SELF-STUDY
PROBLEMS SHOULD BE
ATTEMPTED BEFORE CLASS
(OR EARLIER!))*
1 Wednesday Sept Introduction, How to Succeed in Course Syllabus &
5 this course, Questions “Class 1 – 01
Powerpoint”
2 Friday Sept 7 Capital Cost Allowance Read Chapter 5 and do
all corresponding
exercise problems and
self-study problems
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PREPARATION PRIOR
CLASS DATE TO CLASS (ALL
SUBJECT CORRESPONDING EXERCISE
PROBLEMS AND SELF-STUDY
PROBLEMS SHOULD BE
ATTEMPTED BEFORE CLASS
(OR EARLIER!))*
8 Fri Sept 28 Taxation of corporate investment Prepare Assignment
income – part 2 of 2 Problem 13-1
Chapter 13 (self-review
as required - entire
chapter)
9 Wed Oct 3 Corporate Taxation & Mgmt Prepare Assignment
Decisions Problems 13-3, 13-5
Read Chapter 15 Pages
711-734*
10 Fri Oct 5 Additional Chapter 15 Prepare Assignment
Assignment Problems Problems 15-3, 15-4, 15-
6
11 Wed Oct 10 Salary vs Dividend & Prepare Assignment
Shareholder Loans Problem 15-5
Read Pages 735-750*
12 Fri Oct 12 Acquisition of Control Prepare Assignment
Problems 15-7, 15-9
Read Pages 667 – 673*
13 Wed Oct 17 Associated Corporations Prepare Assignment
Problem 14-2
Read Pages 673-678*
14 Fri Oct 19 Integration & Shareholder’ Prepare Assignment
Equity & Distribution of Problem 14-4
Corporate Surplus Read Pages 682-695*
15 Wed Oct 31 Sale of an Incorporated Business Prepare Assignment
Problem 14-7
Read Pages 524-530,
830-838*
16 Fri Nov 2 GST/HST Prepare Assignment
Problem 17-8
Read Pages 969-983*
17 Wed Nov 7 GST/HST Prepare Assignment
Problems 21-3, 21-5
Read Pages 983 – 1003*
18 Fri Nov 9 Procedures and Administration Prepare Assignment
Problem 21-7
Read Chapter 2
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PREPARATION PRIOR
CLASS DATE TO CLASS (ALL
SUBJECT CORRESPONDING EXERCISE
PROBLEMS AND SELF-STUDY
PROBLEMS SHOULD BE
ATTEMPTED BEFORE CLASS
(OR EARLIER!))*
19 Wed Nov 14 Integration of tax competencies CPA Competency Map
and CFE Testing and CPA Competency
Map Knowledge
Supplement for taxation
(optional) (available
online)
20 Fri Nov 16 Introduction to Residency, Non- Pages 18-29, 334-335,
resident tax payers, Foreign tax 609-612, 927-943*
credit, Tax Treaties
21 Wed Nov 21 Course Evaluation at start of Assignment Problems
class; Lecture on Joint ventures 20-1, 20-5
and partnerships Bring electronic device
to class for course
evaluation
Read pages 849-854*
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