- Instructor: Adebiyi Oluseye
- Lectures: 12
- Students: 2
- Duration: 10 weeks
HIGHER NATIONAL DIPLOMA IN ACCOUNTANCY
Course: ADVANCED TAXATION 1
CODE : ACC 324
CREDIT HOURS: 45 HOURS
LEVEL: HND 1
SEMESTER: 2ND SEMESTER
Goal: This course is designed to enable the students understand the concepts of taxation, the working environment of tax system and the general application of tax laws.
On completion of this course he student should be able to:
1.0 Understand company’s income tax system
2.0 Understand the basis of assessing company’s income.
3.0 Understand the provision of withholding tax deductions.
4.0 Understand the relief for losses provision.
5.0 Understand the provision of capital allowances.
6.0 Know the capital allowance provision on disposal and hire purchase items.
7.0 Understand the various Education Tax provisions
8.0 Understand company income tax assessment
9.0 Understand the provision and taxation of company Income Tax Act relating to specialized companies.
10.0 Know the provision of stamp duties
11.0 Understand the provision of Income Tax relating to merger and acquisition/takeover
12.0 Understand the procedure for payment of taxes
ADVANCED TAXATION 1