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NAME: STUDENT NUMBER: McGill University Debates Faculty of ManagementPrinciples of Taxation/Canadian TaxationACCT 385/625MIDTERM EXAMINATION #1VERSION Lecturer: Lynn de Grace, C.A. Date: October 19,
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How to fill out principles of taxationcanadian taxation

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Begin by understanding the basic principles of taxation, such as equity, efficiency, simplicity, and neutrality.
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The principles of Canadian taxation include equity, efficiency, simplicity, and neutrality.
Individuals, businesses, and other entities that earn income in Canada are required to file Canadian taxation.
Principles of Canadian taxation can be filled out using tax forms provided by the Canada Revenue Agency.
The purpose of Canadian taxation is to fund government programs and services, redistribute wealth, and regulate the economy.
Information such as income, expenses, deductions, credits, and personal details must be reported on Canadian taxation forms.
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