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Chapter1 - Canadian Personal Taxation ACCT6001 James B...

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Continuing Studies at Western The University of Western Ontario Canadian Personal Taxation ACCT6001 James B. MacNeill
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Continuing Studies at Western The University of Western Ontario Income Tax Act History a Prior to 1917, Government Revenues were from Customs and Excise; r Income War Tax Act, Temporary Measures; r Income Tax Act Passed in 1948; r Major Reform in 1972, Capital Gains Included in Income; r Many Changes Since.
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Continuing Studies at Western The University of Western Ontario Theoretical Concepts of Taxation I Income Tax, Flat Tax, Marginal Rate Tax; r Wealth Tax; r Use Tax; r Tariff; r Transfer Tax; r Value Added Tax.
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Continuing Studies at Western The University of Western Ontario Desirable Characteristics a Horizontal Equity; r Vertical Equity; r Tax Neutral; r Tax Should be Understandable; r Administration Should be Efficient.
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Continuing Studies at Western The University of Western Ontario Structure of the Act a Selected Parts; r Division; r Sub-division; r Sections.
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Continuing Studies at Western The University of Western Ontario References a Section; r Sub-section; r Paragraph; r Sub-paragraph.
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