Curriculum Guideline

Taxation Theory

Effective Date:
Course
Discontinued
No
Course Code
ACCT 4770
Descriptive
Taxation Theory
Department
Accounting
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
201920
PLAR
No
Semester Length
15 weeks
Max Class Size
30
Contact Hours
4 hrs per week
Method Of Instruction
Lecture
Online
Hybrid
Methods Of Instruction

Lectures &/or on-line

Course Description
This course is a study of origins and analysis of current taxation systems covering personal and corporate income taxes, consumption, excise, payroll and property tax. It involves an introduction to economic theories of taxation covering topics such as incidence, optimal taxation and efficiency. Reference will be made to existing tax systems and to empirical studies.
Course Content
  1. Origin and analysis of current tax system
  2. The effects of taxation
  3. Tax incidence
  4. Optimal taxation
  5. Taxation and Efficiency
Learning Outcomes
  1. Describe the origin of different types of taxation; income tax, consumption tax, excise tax, payroll tax and property tax
  2. Analyze the consequences of different forms of individual and corporate taxation on economic decisions and policy making.
  3. Examine taxation theory models; general, partial equilibrium and two period models.
  4. Analyze the economics of taxation topics such as equilibrium analysis of incidence, equity and efficiency and optimal taxation theory
Means of Assessment

Assignment(s)

10 - 20%

Research Project(s)

20 - 30%

Midterm

20 - 30%

Final examination

30 - 40%

Students must write both Midterm and Final examinations in order to obtain a passing grade for the course.

Textbook Materials

Resources provided by instructor from several sources approved by the department

OR

The Economics of Taxation. Bernard Salanie. The MIT Press.

OR textbook approved by the department

AND resources provided by instructor

Prerequisites

ACCT 3370 grade C or better AND ECON 1150 with C or better