Paperback, Thomson Reuters
Taxation of Corporations, Partnerships and Trusts, 6th Edition gives you a clear overview of the income tax treatment of the three most common Canadian business and personal planning vehicles. The author analyzes each area of intermediary taxation in turn, always referencing the provisions of the Income Tax Act that apply. Using each tax concept to build on his discussion of the next, the author provides the structure and support needed to deepen your understanding of intermediary tax fundamentals. Taxation of Corporations, Partnerships and Trusts, 6th Edition is the only text in Canada dedicated to the taxation of the three most common Canadian business and personal planning vehicles: the corporation, the partnership and the trust. The author opens with an Introduction that contextualizes these three vehicles and follows up with a first-principles discussion in Chapter 1 of the interpretation of the Income Tax Act and the art of its reading. The application of the Income Tax Act, with relevant sections reproduced, is then elaborated in relation to Corporations and their Shareholders (Part I, Division B, sections 82-89); Partnerships and their Members (Part I, Division B, sections 96-103); and Trusts and their Beneficiaries (Part I, Division B, sections 104108).
This comprehensive desk reference contains:
• All the relevant sections of the Act
• Numerical examples that illustrate the application of complex taxation concepts
• Convenient finding tools including a Table of Cases, a Table of Statutes, and a Topical index to facilitate easy access to all discussion within the book.