About This Book

Introduction 

This text aims to provide students with additional study resources as they are introduced to taxation. This text will provide students with simple explanations of complex tax principles, most of which have been reproduced by learners as they understand the concepts.

The text captures details that prepare the learner to understand the personal tax return process and the variables involved, such as incomes, deductions, tax credits, losses, tax amount, etc. and how they each impact the tax return. Learners will also understand the administration of the income tax system. Although the emphasis is on the personal tax process, learners will explore corporate tax and the benefits and implications to the individuals who are owners of the corporation.

The text continues to be improved, and you may note that sometimes the tax rates reflected are not current. Rates will change each year; however, tax principles are generally consistent. We aim to improve the text to make rates up-to-date and broaden tax planning applications.

Accessibility Statement

We are actively committed to increasing the accessibility and usability of the textbooks we produce. Every attempt has been made to make this OER accessible to all learners and is compatible with assistive and adaptive technologies. We have attempted to provide closed captions, alternative text, or multiple formats for on-screen and off-line access.

The web version of this resource has been designed to meet Web Content Accessibility Guidelines 2.0, level AA. In addition, it follows all guidelines in Appendix A: Checklist for Accessibility of the Accessibility Toolkit – 2nd Edition.

In addition to the web version, additional files are available in a number of file formats including PDF, EPUB (for eReaders), and MOBI (for Kindles).

If you are having problems accessing this resource, please contact us at oer@fanshawec.ca.

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Feedback

Please share your adoption, and any feedback you have about the book with us at oer@fanshawec.ca

 

License

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Tax and Tax Planning Copyright © 2021 by Elaine Thompson is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

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