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International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

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

Domestic fees

$803.85 - $817.60 See individual course offerings below for actual costs.

Course offerings

Spring/Summer 2024

Below are three offerings of FMGT 4410 for the Spring/Summer 2024 term.

CRN 62470

Duration

Tue May 28 - Tue Aug 20 (13 weeks)

  • 13 weeks
  • CRN 62470
  • Domestic fees $817.60
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
May 28 - Jul 02 Tue 18:00 - 22:00 Online
Jul 09 Tue 18:00 - 22:00 Burnaby SE06 Rm. 108
Jul 16 - Aug 13 Tue 18:00 - 22:00 Online
Aug 20 Tue 18:00 - 22:00 Burnaby SE06 Rm. 108
Instructor

Malwinder Gill

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

5.5

Domestic fees

$817.60

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. The Mid-Term exam is scheduled for Tuesday, July 9th during class time (18:00 – 22:00) at the Burnaby campus. The Final exam is scheduled for Tuesday, August 20th during class time (18:00 – 22:00) at the Burnaby campus. Important Information. This is a Bring Your Own Device (BYOD) laptop course. Students are required to BRING THEIR OWN 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 four (4) hours. 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 13 - Mon Jul 29 (7 weeks)

  • 7 weeks
  • CRN 29862
  • Domestic fees $803.85
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jun 13 - Jul 29 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

Domestic fees

$803.85

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. Class WILL NOT be held on Monday, July 1st (Canada Day). Due to high volume at the downtown campus at term start, students are advised to purchase their textbooks prior to the first class.
Status

CRN 62413

Duration

Fri Apr 12 - Fri Jul 19 (13 weeks)

  • 13 weeks
  • CRN 62413
  • Domestic fees $803.85
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 12 - May 31 Fri 09:00 - 13:00 Online
Jun 07 Fri 09:00 - 13:00 Downtown DTC Rm. 483
Jun 14 - Jul 12 Fri 09:00 - 13:00 Online
Jul 19 Fri 09:00 - 13:00 Downtown DTC Rm. 483
Instructor

Joe Ilsever

Course outline

View

Credits

5.5

Domestic fees

$803.85

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. The following dates will be HELD IN-CLASS at the Downtown Campus. Mid-Term: Friday, June 7th (09:00 - 13:00). Final: Friday, July 19th (09:00 - 13:00). Class WILL NOT be held on Friday, April 26th and Friday, May 17th. Important Information. This is a Bring Your Own Device (BYOD) laptop course. Students are required to BRING THEIR OWN 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 four (4) hours. 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.

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:

  • Indicates programs accepting international students.
  • Indicates programs with a co-op option.

School of Business + Media

  1. Accounting
    Diploma Full-time
  2. Accounting
    Diploma Part-time
  3. Finance
    Diploma Full-time
  4. Finance
    Diploma Part-time
  5. Financial Management (Finance Option)
    Certificate Part-time
  6. Financial Management (Professional Accounting Option)
    Certificate Part-time
  7. Financial Planning
    Diploma Part-time

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