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Michael Heung
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Decks in this class (20)
Determining Residency for Tax
How are the different individuals...,
What are the primary facts in det...,
What are the secondary factors in...
14
cards
Ch .3 Tax - Administration
What circumstances is it required...,
What circumstances is it required...,
What are the filing dates for ind...
22
cards
Ch. 5 Employee versus Contractor
What are the main differences for...,
What are the main differences for...,
What are the main tests to determ...
9
cards
Ch. 11 Property Income
What is a personal service business,
Taxation of psb,
What is included in property income
11
cards
Ch. 12 Capital Gains and Losses
What are the different types of d...,
What are capital gain reserves,
How do you determine between capi...
17
cards
Ch. 6 Employment Income
What does employment income include,
What are some common taxable bene...,
What are some common deductions
22
cards
Chapter 19 - Taxes Payable - Personal
Describe how federal tax owing is...,
What are the non refundable tax c...,
What is the basic personal amount...
22
cards
Ch.39 GAAR
Wha tis tax planning,
Tax evasion,
Tax avoidance
5
cards
Ch. 8 Business Income CCA
What is class 1,
Class 8,
10
18
cards
Ch. 9 Recapture and Non-arms length transfer of Depr Prop (UCC)
When can cca be claimed on deprec...,
What happens if there is a short ...,
What about non arm s length trans...
10
cards
Ch. 13 Principle Residence & Special personal belongings
What is the principal residence e...,
Change in use personal to income ...,
Change in use income producing to...
4
cards
Ch. 30 & 29 Incorporation of a Proprietorship - 85, 86rollover
What are the advantages of incpor...,
What are the disadvantages of inc...,
What is the secion 85 rollover
26
cards
Chapter 21 and 22 - Divorce and Death
When might you elect out of 73 1,
When are you allowed to transfer ...,
What happens to child care expens...
19
cards
24. Taxes Payable - Corp
What are the three division c ded...,
What is the small business deduction,
What is tec
22
cards
Financially Troubled Businesses
What loss carryovers does the ita...,
What happens if there are still a...,
If there are still amounts remaining
6
cards
Ch. 25 SRED
What is considered qualifying sr ...,
How do you calculate the sr ed pool,
What is the itc for sred and what...
6
cards
Chapter 27: Acquisition of Control
When does an acquisition of contr...,
What occurs when there is an acqu...,
What is a deemed year end
5
cards
Chapter 32: Shareholder Benefits and Loans
What is a specified employee,
What are the special rules agains...,
When is an employee shareholder e...
8
cards
Ch. 38 Trusts
What is the purpose of having a p...,
What is required to be set out in...,
What are the different types of t...
14
cards
Ch. 40 Sales Tax
What are taxable supplies,
What are zero rated supplies,
What are exempt supplies
11
cards
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CPA Tax
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