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Campus: Kensington Campus
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Career: Undergraduate
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Units of Credit: 6
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Contact Hours per Week: 3
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Enrolment Requirements:
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Prerequisite: LEGT2751
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Description
This course deals with the taxation treatment of financial products. It examines the current classifications of financial products for tax purposes and the tax consequences that flow from those classifications. Topics dealt with include: public offers of equity and debt instruments; hybrid securities; discounted and deferred interest securities; derivatives; foreign exchange gains and losses; asset financing; lease financing; and international taxation issues associated with financial products.
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