Written by academics and tax experts David G. Duff and Geoffrey Loomer, Taxation of Business Organizations in Canada, 2nd Edition provides readers with a comprehensive analysis of statutory provisions and judicial decisions governing the taxation of partnerships and corporations. Covering the taxation of partnerships and their members, corporate income and losses, corporate distributions, shareholder benefits and loans, indirect benefits and income splitting and corporate reorganizations, this book is a valuable resource for understanding the income taxation of business organizations in Canada.

A thorough review

Taxation of Business Organizations in Canada, 2nd Edition is a combination casebook/textbook that provides students and legal practitioners with commentary on statutory provisions and judicial decisions governing Canadian income taxation of partnerships, corporations and shareholders. The text provides readers with a comprehensive overview of the field, addressing advanced topics in the taxation of partnerships and corporations, including the characterization and allocation of income received through partnerships and corporations, the acquisition of losses, associated corporations and the small business deduction, the lifetime capital gains deduction, deemed dividends, surplus stripping, shareholder benefits and loans, income-splitting and the tax on split income, the transfer of property to a partnership or corporation, the windup of a partnership or corporation, and other reorganizations involving partnerships and corporations.

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