This
note covers the following topics: Taxation, revenue authorities and ethical
issues, Tax audit and investigation, Tax appeal tribunal and interpretation of
tax laws, Tax planning and tax avoidance, Taxation of incomes, offences and
penalities, Taxation of income from settlement, Trusts and estates, value added
tax, capital allowances, Tax effects of privatisation and commercialisation,
profits, assessable profits and tax payable, persons chargeable offences and
penalities.
This PDF book covers the following topics
related to Tax : Tax and society, What is tax?, Why we tax, Tax
and choice, The underpinnings of a good tax system, The policy decisions tax
must impact, The ideal tax system, As the Chancellor might put it.
Traditional finance and other business courses notes analyze a
broad spectrum of factors affecting business decision-making but typically give
little systematic consideration to the role of taxes. In contrast, traditional
tax accounting course note concentrate on administrative issues while ignoring
the richness of the context in which tax factors operate. The objective of this
note is to bridge this gap by providing a framework for recognizing tax planning
opportunities and applying basic principles of tax strategy.