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Taxation Theory

Course Code: ACCT 4770
Faculty: Commerce & Business Administration
Department: Accounting
Credits: 3.0
Semester: 15 weeks
Learning Format: Lecture, Online, Hybrid
Typically Offered: TBD. Contact Department Chair for more info.
course overview

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

Methods of Instruction

Lectures &/or on-line

Means of Assessment


10 - 20%

Research Project(s)

20 - 30%


20 - 30%

Final examination

30 - 40%

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

To pass this course, students must obtain a minimum of 50% of on invigilated assessments, with the 50% calculated on a weighted average basis.

Invigilated assessments include, in-class quizzes, in-class tests, midterm exam(s) and the final exam.

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

course prerequisites

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


Courses listed here must be completed either prior to or simultaneously with this course:

  • No corequisite courses


Courses listed here are equivalent to this course and cannot be taken for further credit:

  • No equivalency courses

curriculum guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester/year of the course, consider the previous version as the applicable version.

course schedule and availability
course transferability

Below shows how this course and its credits transfer within the BC transfer system. 

A course is considered university-transferable (UT) if it transfers to at least one of the five research universities in British Columbia: University of British Columbia; University of British Columbia-Okanagan; Simon Fraser University; University of Victoria; and the University of Northern British Columbia.

For more information on transfer visit the BC Transfer Guide and BCCAT websites.


If your course prerequisites indicate that you need an assessment, please see our Assessment page for more information.