ACCT 364: Taxation II

Course Syllabus
Winter 2023 Face-to-face and Online Delivery

Course Outline Available at https://sps.cotr.bc.ca/Outlines/Course

Outlines/ACCT364.pdf
Instructor Ben Hellewell, BA, BBA, CPA, CA, PID
Office Location Room 140A
Phone 250-489-2751 local 3629
email bhellewell@cotr.bc.ca
Class Time/Location M/W 10:00 – 11:30 am – face-to-face (KC 188) and virtual class via Microsoft
Teams
Online: course materials on COTR Online and McGraw Hill Connect
Instructor Office Hours M/W 1:00 – 2:30 pm; F 9:00-11:00 am, or by appointment.

COURSE OVERVIEW AND DELIVERY

In this second semester of a two-semester course in taxation, students are introduced to additional topics
including the nature and structure of the Income Tax Act, preparing corporate tax returns, tax planning for
corporations, corporate reorganizations, trusts and partnerships. An introduction to GST/HST laws and
international tax issues will also be included. The course is delivered face-to-face (with supplemental materials
posted online) and fully online. Students will find resources and tools to assist their learning, along with the
required course assignments on the course site in COTR Online. Required textbook readings, assignments,
exams and due dates are listed on the course schedule on the following pages.

REQUIRED TEXTBOOK

Buckwold, Kitunen, Roman and Iqbal (2022). Canadian Income Taxation: Planning and Decision Making (With
Connect), 2022-2023 Edition. McGraw-Hill Ryerson Limited.

Note: The textbook companion website (Connect) will be used to complete many of the class assignments and
exams and registration and use of this website is required.

EVALUATION AND ASSESSMENT

Following are the required quiz activities and exams and their contribution toward the final course grade. Missed
quiz activities, exams and late assignments receive a grade of zero.

Item Date % of Final Grade

Assignments Various – see 25
schedule below
Midterm Exam #1 Feb 13th during 20
normal class time
Midterm Exam #2 Mar 13th during 20
normal class time
Final Exam (during exam week in April) TBA 35
TOTAL 100
COURSE ASSIGNMENTS

Students will be required to complete various assignments throughout the semester. The breakdown of the
assignment grade is as follows:

Item Date % of Final Grade

Participation (see info on COTR Online) Throughout 5
Course
Chapter Assignments (on Connect) Various - see 10
Schedule Below
Profile T2 Tax Software Assignment Feb 26th, 11:59 10
pm
TOTAL 25

COURSE POLICIES AND PROCEDURES

Class Attendance: Students are strongly encouraged to regularly attend class, participate in class discussions
and are required to complete all assignments, activities and exams on the dates provided in this Course
Syllabus. Online students do not attend class but are required to watch the recordings of the class lectures that
will be posted on a weekly basis on COTR Online. Students who miss assignments and exams receive a grade
of zero for that assignment or exam. Students who are unable to write their exam on the scheduled date due to
illness are required to provide a doctor’s note accounting for the day(s) missed to the instructor within 7 days of
the missed exam. Assignments submitted late will be penalized at a loss of 20% per day and will not be
accepted after 3 days past the due date without first obtaining instructor permission.

Academic Honesty: All College and Department policies on academic honesty and plagiarism will be strictly
enforced and can be found on the Course site and the COTR site. You are responsible for reading and
understanding the policy. Please ask your instructor if in doubt or see the Reference Desk in the Library for
more information including proper referencing and citation techniques. Please use APA referencing and citation
methods. Failure to adhere to College policies can result in disciplinary action.

Course Updates: Students are responsible for regularly checking the COTR Online Course site for updates.

ACCT 364: Tentative Course Schedule

Winter 2023
Week Date Chapter and Topic Important Dates

Part 1
Week 1 Jan 2 – 8 Course Introduction

Week 2 Jan 9 – 15 Chapter 10 – Individuals: Determination of Taxable Chapter 10

Income and Taxes Payable Homework – Jan 15th
11:59 pm

Week 3 Jan 16 – 22 Chapter 11 – Corporations – an Introduction Chapter 11

Homework – Jan 22nd
11:59 pm

Week 4 Jan 23 – 29 Chapter 12 – Organization, Capital Structures, and Chapter 12

Income Distributions of Corporations Homework – Jan 29th
11:59 pm

Week 5 Jan 30 – Feb Chapter 13 The Canadian-Controlled Private

5 Corporation
Week 6 Feb 6 – 12 Chapter 13 The Canadian-Controlled Private Chapter 13
Corporation; Review for Midterm 1 Homework – Feb 12th
11:59 pm

Part 2
Week 7 Feb 13 – 19 Midterm #1; Introduce Profile Assignment Midterm Exam #1
– Feb 13th during
class time.

Week 8 Feb 20 – 26 Reading Week – No Classes Profile Assignment

due Feb 26th
11:59pm

Week 9 Feb 27 – Mar Chapter 14 Multiple Corporations and Their Chapter 14

5 Reorganization; Review Profile Assignment (complete Homework – Mar 5th
self-review) 11:59 pm

Week 10 Mar 6 – 12 Integration (Appendix A); Review for Midterm 2

Week 11 Mar 13 – 19 Midterm #2; Chapter 15 – Partnerships Midterm Exam #2

– Mar 13th during
class time.

Chapter 15
Homework – Mar 19th
11:59 pm

Part 3
Week 12 Mar 20 – 26 Chapter 16 – Limited Partnerships & Joint Ventures; Chapter 16 & 17
Chapter 17 – Trusts Homework – Mar 26th
11:59 pm

Week 13 Mar 27 – Apr Chapter 18 – Business Acquisitions & Divestitures – Chapter 18 & 19
2 Assets vs Shares; Chapter 19 – Business Acquisitions & Homework – Apr 2nd
Divestitures – Tax-Deferred Sales; 11:59 pm

Week 14 Apr 3 – 9 Chapter 22 – Introduction to GST/HST ** Apr 7 - Good

Friday Stat Holiday –
No Classes/College
Closed **

Chapter 22
Homework – Apr 9th
11:59 pm

Week 15 Apr 10 – 14 Chapter 20 – Domestic and International Business ** Apr 10 – Easter

Expansion; Chapter 21 – Tax Aspects of Corporate Monday – No
Finance; Review for Final Exam Classes/College
Closed **

Chapter 20 & 21
Homework – Apr 14th
11:59 pm

Week 16 Apr 15 – 24 FINAL EXAM WEEK Final Exam- Date

 ACCT 364 Final Exam TBA

*Course Schedule Subject to Change. Please check COTR Online for course updates.*