Basis of taxing rights there are two major taxing rules are commonly. Our team of experts are at hand to offer tax solutions for all business categories. It was a thirtyminute speech on the basics of the philippine tax system presented to the students of the mindanao state university iligan institute of technology on. The taxation authorities, therefore, need to know the income of a company to calculate the amount of tax that the company would have to pay. Ict in market research and ict in market researchand ict in market research marketing notesmarketing notes for millions of years, in millions of homes a man loved a woman, a child it was born it learned how to hurt and it learned how to cry.
Hi, and welcome to the fourth video lecture of this module, in which we study the foundations of international tax law. Article 24 elimination of double taxation this article discusses the methods of elimination of double taxation. A jurisdictional conflict arises when a taxable event falls under the jurisdiction of. When taxes are imposed, certain conditions must be fulfilled and these conditions are known as principlescanons, guidelines of taxation. Tax compliance, tax evasion and tax avoidance a meaning b factors influencing tax compliance 9. Principles of accounting ii this course is designed to elaborate on the principles, concepts, and procedures learned in accounting i. Gentlementhe duties of a government, as enumerated by adam smith, are four in number. Mba is an internationally accepted master of postgraduate level degree. Introductions to public financial management nature and scope of public finance general overview of public financial management as envisaged by the constitution responsibility of national and county treasuries. The interesting point which can be underscored is that at all times there was discussion about the correct taxation principles andor the just taxation system and that at no time.
In the third video of this module we learned that countries around the world applied a nationality, residence, and source principles to impose corporate taxes on companies. The first publication on double entry system of book keeping came in 1494 in which the author luca pacialo also stated duties and responsibilities of an auditor. In this article we will discuss about the principles of taxation. Basic international taxation second edition volume i. Mba full form is masters of bussiness administration. The netherlands delegation notes that it will assess the proposals in the light of the principle of taxation of savings in the country of residence.
Concept based notes principles and practices of management. Therefore principlescanons of taxation are signposts in the economy, which should guide the. Taxation in uganda at grant thornton, we appreciate the unique nature of tax law and the fundamental principles that underlie its interpretation and application. View notes lecture note on taxation from acc 221 at federal university, dutsinma. Taxation should produce the right amount of tax at the right time, while avoiding both double taxation and unintentional non taxation. Principles and practice of taxation lecture notes income. A dip international tax 2018 lecture 2 it notes to lecture principles of taxation primer 8.
Taxation law revision notes, book, ebook for llblaw students. Pdf bat 514 taxation i complete lecture notes kabir hamid. Define management and describe its essential characteristics or nature. Under the principles, the activities in these other sales outlets would be. Lectures notes on economics of taxation hanming fang october 14, 2004 contents 1 tax incidence 2. General principles and concepts of taxation youtube. Principles of taxation law 2018 thomson reuters professional australia limited 19. Taxation 101 basic rules and principles in philippine. Instant pdf test bank download for principles of taxation for business and investment planning 2020 23th edition jones. Principles of an optimal tax system single versus multiple tax systems. A tax is a compulsory payment made by individuals and companies to the government on the basis of certain wellestablished rules or criteria such as income earned, property owned, capital gains made or expenditure. This unit forms part of the master of professional accounting course providing nonaccounting graduates with knowledge and skills in accounting.
International tax principles and tax treaties comments 22 2. This book deals with the basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. Find materials for this course in the pages linked along the left. Preamble to the oecd mtc from the draft update to the oecd mtc, july 2017.
Auditing means to examine the accounting data in order to determine reliability of the financial statement. When taxes are imposed, certain conditions must be fulfilled and these conditions are known as principles canons, guidelines of taxation. Taxation should produce the right amount of tax at the right time, while avoiding both double taxation and unintentional nontaxation. This was the informative speech on the basic taxation principles in the philippines. Principles of international taxation chartered institute. The students will study and work with payroll procedures, special journals, bad debts and depreciation, notes receivable and payable, accrued revenue and expenses, vouchers, partnerships and corporations. It then provides an overview of the principles underlying corporate income tax, focusing primarily on the taxation of crossborder income both. Taxation law notes blaw pages content 24 introduction and administration of the australian tax system 510 jurisdiction to tax 11 tax payable and introduction to income 1418 income from serviced 1924 fringe benefit tax fbt 2531 income from businesses 3233 income from property 3442 taxation of capital gains 4350 deduction i general. Logo marketing lecture notes dimitris drosos lecturer technological education institute of piraeus business school. Principles of public finance and taxation atd dcm level iii study text kasneb july 2018 syllabus revised on.
Taxes are levied in almost every country of the world, primarily to raise. Master of business administration is one of the popular, twoyear professional courses which is the ever demanding one in india mba. Principles of corporate taxation pdf,ebook,lecture notes. A dip international tax principles of taxation cont. Principles and practice of taxation lecture notes income tax. Introduction to taxation our purposes, the sections on tax structure, types of tax, tax. Taxation in theory and practice lecture notes, lectures 1 10. In addition, the potential for evasion and avoidance should be minimized. Taxation bar exam questions on general principles of taxation congress passed a sin tax law that increased the tax rates on cigarettes by 1,000%. Accounting attempts to recognize noncash events and circumstances as they occur. Auditing books pdf definition, explanation, basics.
Fundamental principles of nigerian taxation by seyi, ojo. These lecture notes were prepared by xingze wang, yinghsuan lin, and frederick jao specifically for mit opencourseware. April 2018 income taxes will still use old rates according to bir duration. This ebook is in pdf format for you all to download. Lecture notes financial accounting sloan school of. Introduction to taxation taxes are the price we pay for a civilized society. Doc acc 411 international accounting lecture notes.
Without taxation, the equilibrium is computed as follows. Meaning of tax tax is the principal source of revenue to government of any nation, apart from the fact that it also serves as a tool for economic stabilization and redistribution of income among economic agents. Taxation papers are intended to increase awareness of the work being done by the staff and to seek comments and suggestions for further analyses. A customerfirst approach during unprecedented times. Principles of international taxation chartered institute of. A dip international tax principles of taxation cont lecture 3 it lecture notes. A jurisdictional conflict arises when a taxable event falls under the jurisdiction of two or more sovereign powers. The lecture notes are from one of the discussion sections for the course.
Introduction to taxation our purposes, the sections on tax structure, types of tax, tax administration, and understating the tax law will be relatively. Residential status and incidence of tax excluding section 9a 2. This section provides lecture notes from the course. With summaries written by fellow students, you are guaranteed to be properly prepared for your exams. Although the history is interesting, for 1 unit 01. The information generated by accounting helps them in such computations and. Other principles that a good tax policy should have. You can also find lecture notes and handouts in this section which will really help you during your exams. Tax can be defined as a compulsory levy imposed by government to individuals and organizations within a country primarily for the purpose.
Lecture notes principles of microeconomics economics. Principles and practice of taxation lecture notes free download as pdf file. A dip international tax 2018 lecture 2 it notes to lecture. It provides an introduction to the law and practice of income taxation in australia, including capital gains tax. Taxation being compulsory contributions from individuals, or business entities to the government to defray the public expenditures by. Here we have provided detailed information for auditing books. This should be borne in mind when we undertake research in a more adequate and just taxation system as well for our three countries. Principles and practices of management 7 unit 1 management an overview q. The most important source of government revenue is tax. Hi fellow law students, i am sharing pdf notes, book and ebook for the subject taxation law for llb and ba.
Look at tutorial questions 25, and work through rr chapter 2. Accrual is concerned with expected future cash receipts and payments. Fundamental principles of taxation this chapter discusses the overarching principles of tax policy that have traditionally guided the development of tax systems. Read it with the goal of gaining a broad understanding of tax purposes and principles. Principles of accounting ii accounting, taxation, and. Principles and practices of management 9 ever more than one person is engaged in working for a common goal, management is necessary. Scribd is the worlds largest social reading and publishing site. Taxation law revision notes, book, ebook for llblaw. Therefore principles canons of taxation are signposts in the economy, which should guide the. Doc acc 411 international accounting lecture notes kabir. This, together with mismatches in definition, accounting and income recognition rules, may result in double taxation or, in some cases, in a jurisdictional vacuum. On the general principles of taxation, as illustrating the advantages of a perfect income tax. In preparation of that, we present in the following some principles. You will become familiar with accounting debits and credits as we show you how to record.
Taxation, imposition of compulsory levies on individuals or entities by governments. Auditing books deals with the auditing is such an examination of books of accounts and vouchers of business, as will enable the auditors to satisfy himself that the balance sheet is properly drawn up, so as to give a true and fair view of the state of affairs of the business, according to the best of. Double taxation principles of international taxation. In order to provide for these program and services, the government needs revenues. Prior discussions in the technical advisory groups tags. The information generated by accounting helps them in such computations and also to detect any attempts of tax evasion. All tax laws should conform to the maxims of taxation equity 1. Taxation papers are written by the staff of the european commission s directorategeneral for taxation and customs union, or by experts working in association with them. Management is an art of getting things done through and with the people in formally organized groups. Taxation is a means whereby the state collects funds to pay for public services. The focus is on key issues such as principles of international tax law, residence, double taxation conventions and treaty interpretation, transfer pricing, the work of the oecd and international tax avoidance. Meaning of tax tax is the principal source of revenue to government of. The consumptions of good 1 and 2 are x1 1 2,x2 1 2c and the consumer achives a utility of u 1 4c. Taxation being compulsory contributions from individuals, or business entities to the government to defray the public expenditures by the government has some.
Mar 12, 2015 hello friends, this is a awesome ebook on principles of corporate taxation for all the student pursuing management courses or mba. Here we have provided some details for basic accounting principles textbook. Marketing lecture notes dimitris drosos lecturer technological education institute of piraeus. In all nigeria treaties, elimination of double taxation is granted by credit method. Module 1 introduction to taxation module 2 gross income module 3 trade module 4 cgt module. In the united states, the role of the government extends from providing for national defense to providing social security and medicare to the elderly. Introduction to taxation government plays an important role in most modern economies. Principles of international taxation this module is based on the oecd model convention, and is compulsory for all candidates. A dip international tax principles of taxation cont lecture.
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