Principles of Canadian Income Tax Law

"Principles of Canadian Income Tax Law is an an introduction to Canadian income tax law using clear, concise and non-technical language. As with previous editions, the emphasis is on the principles of income tax law, the policies that influence and underlie the system, basic technical schemes and landmark court decisions. Tax law is portrayed as a rational system that contributes to Canada's socio-economic fabric. This new edition is significantly rewritten, including a new introduction chapter, a completely rewrittne chapter on the General Anti-Avoidance Rule (GAAR) and substantially revised chapters on specific anti-avoidance rules (SAARs) related to income shifting and on income earned through intermediaries. It generally follows the structure of the Invcome Tax Act, starting with section 2 and ending with section 245 (the GAAR)."-- Back cover.