Author(s)	Vern Krishna
Publication Year	2012
Publisher	Irwin Law Inc.

ISBN: 9781552212356

Category:

Law → Taxation

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Income Tax Law, 2/e

Name: Income Tax Law, 2/e
SKU: 9781552212356
Availability: InStock

The long-awaited second edition of Income Tax Law is a comprehensive, up-to-date treatise on income tax law in Canada. The book introduces students and practitioners to income tax law in its broadest dimensions. It addresses the subject matter based on principles, policy, and practice. The objective is to explain what the law is and, more importantly, why it is the way it is, and how it works (or does not).

It examines the policy, structural, constitutional, and judicial framework of income tax law, addressing the following questions: who is taxable?; what is taxable?; how much tax is payable?; when is tax payable?; and how do we administer the system and resolve disputes with the tax collector? The book contains clear explanations of complex principles and formulae, a bibliography, a glossary, and appendices setting out tax rates and measurement of income.

Students of tax law will find this book indispensable. Legal practitioners in business law and litigators will also find it useful in drafting pleadings and assessing damages when considering tax issues in civil litigation. Finally, accountants, business executives, and other professionals will find the book helpful in navigating the murky waters of income tax.

The book includes, in an epilogue, an analysis of the December 2011 Supreme Court of Canada decision in Copthorne Holdings Ltd v Canada.

Contributors

Vern Krishna

Vern Krishna, CM, QC, FRSC, FCGA, MCIArb, earned a B Comm (Manchester), MBA, LLB (Alberta), DCL (Cambridge) and LLM (Harvard). He is a professor at the University of Ottawa Faculty of Law. He is also of Counsel, Borden Ladner Gervais LLP and Executive Director of the Tax Research Centre at the University of Ottawa. Professor Krishna is a member of the Order of Canada and a Fellow of the Royal Society. He has been a Bencher of the Law Society of Upper Canada since 1991 and served as its Treasurer from 2001–03.

Chapter	Contributors	Pages	Year	Price
Preface Introduction of income tax law in its broadest dimensions to students and practitioners. View	Vern Krishna	3	2012	$0.30
An Overview of Tax Law and Concepts Overview of the income tax system, including the judicial process to resolve disputes, policy objectives, and constitutional limits on the power to expropriate money for governmental purposes. View	Vern Krishna	29	2012	$2.90
Statutory Interpretation Examination of the shifting rules applied in determining legislative intent in tax law. View	Vern Krishna	16	2012	$1.60
Tax Nexus Examination of the basic question of who is taxable, incorporating issues of residence, exemptions, and Indian status. View	Vern Krishna	27	2012	$2.70
The Meaning of Income Examination of the basic question of what is taxable by exploring the definition of income and the concept of source of income. View	Vern Krishna	26	2012	$2.60
Whose Income Is It? Examination of attempts to shift a tax burden from one taxpayer to another, and the attribution rules that may prevent or restrict such attempts. View	Vern Krishna	11	2012	$1.10
Office and Employment Income Examination of the statutory scheme for taxing income from an office or employment, including characterization of an employment relationship and determination of amounts included in and … View	Vern Krishna	37	2012	$3.70
Business and Property Income Examination of the statutory scheme for taxing business income, investment or property income, and capital gains. View	Vern Krishna	29	2012	$2.90
Business and Property Deductions Examination of the rules for determining what expenses are deductible from business and property revenues to calculate net profit for tax purposes. View	Vern Krishna	72	2012	$7.20
Capital Gains and Losses Examination of the rules for taxation of capital gains and losses, including what constitutes capital property, when a disposition occurs, computation of the gain or loss, and the principal … View	Vern Krishna	40	2012	$4.00
Other Income and Deductions Examination of the rules governing taxation of receipts and allowances other than from the specified sources of office, employment, business, property and capital gains. View	Vern Krishna	30	2012	$3.00
Damages Examination of the rules governing tax treatment of damage awards in civil litigation. View	Vern Krishna	15	2012	$1.50
From Net Income to Taxable Income Examination of the rules governing the deductions available to apply to net income to calculate taxable income. View	Vern Krishna	26	2012	$2.60
Computation of Tax Examination of the statutory scheme for computing the tax liability of individual taxpayers. View	Vern Krishna	14	2012	$1.40
Computation of Tax Brief description of the statutory scheme for computing the tax liability of corporations. View	Vern Krishna	4	2012	$0.40
Tax Credits Brief description of the foreign tax credit rules and political contributions credit. View	Vern Krishna	5	2012	$0.50
Basic Principles Examination of tax rules that apply specifically to corporations and their shareholders, including discussion of concepts of the corporate entity and corporate finance, and the different types of … View	Vern Krishna	36	2012	$3.60
Corporate Business Income Examination of the rules governing taxation of the business income of private corporations. View	Vern Krishna	19	2012	$1.90
Corporate Investment Income Examination of the rules governing taxation of corporate investment income. View	Vern Krishna	14	2012	$1.40
General Anti-Avoidance Rule Examination of the general rule distinguishing between arrangements constituting acceptable tax mitigation and unacceptable tax avoidance. View	Vern Krishna	44	2012	$4.40
Filings, Assessments and Related Issues Examination of the administrative processes of filing returns, assessment and payment of tax, and penalties and enforcement. View	Vern Krishna	65	2012	$6.50
Objections and Appeals Examination of the process of objecting to an income tax assessment, including administrative and judicial appeals. View	Vern Krishna	14	2012	$1.40
Epilogue Analysis of a Supreme Court of Canada decision illustrating an evolution from strict and literal interpretation to purposive analysis of fiscal legislation. View	Vern Krishna	13	2012	$1.30
Appendix Discussion of the concept of present and future value of an asset in the income tax context, and some sample calculations. View	Vern Krishna	9	2012	$0.90
Appendix Tables of personal tax credits, personal tax brackets, provincial personal tax rates, general corporate tax rates, and small business tax rates and thresholds. View	Vern Krishna	6	2012	$0.60
Appendix Overview of accounting principles, concepts, and methods in the income tax context. View	Vern Krishna	51	2012	$5.10
Appendix Select list of websites providing tax law information. View	Vern Krishna	1	2012	$0.10
Glossary Glossary of terms related to income tax law. View	Vern Krishna	10	2012	$1.00

Income Tax Law, 2/e

Contributors

Vern Krishna

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