Taxation of high value currency notes demonetised aiftp. Sometimes the disposing party disregards the capital gain or loss and the acquiring party simply steps into the shoes of the disposing party. Principles and practice of taxation lecture notes income. Cma intermediate international taxation notes pdf cma inter notes is available for download at cakart. Central excise, service tax, vat, entry tax, cst etc, how to charge tax. Lecture notes taxes and business strategy sloan school. Without taxation, the equilibrium is computed as follows. Notes on income tax basis of taxation south african. International tax journal for tax specialists tax notes. Find materials for this course in the pages linked along the left. Taxation reliefs sa tax guide sa tax guide taxation. Option for payments of lumpsum tax in lieu of tax on slaes. Summarised notes from all chapters covered for law2453 taxation 1 rmit.
The city of buenos aires and the provinces apply a stamp tax on contracts, transfer or lease of real estate, promissory notes, banker s drafts, and certain other. Kate kraus, a partner at allen matkins, tells tax notes legal reporter eric yauch the unexpected tax results of recent coronavirus legislation on the real estate market. The consumptions of good 1 and 2 are x1 1 2,x2 1 2c and the consumer achives a utility of u 1 4c. Bringing taxation into social protection analysis and planning.
Although, pnote holders are not subject to any domestic tax laws as they are not registered directly in india, the liability of short capital gains tax stcg fall on fpis. International taxation and multinational firm location decisions. Also note that the host country tax and the international tax are negatively correlated, perhaps reflecting the operation of the foreign tax credit mechanism. Taxation in theory and practice lecture notes, lectures 1 10. As a bachelor of commerce student have the opportunity to make an informed decision on what they would like to study. Lecture notes, lecture introduction to taxation law rn. State gstunion territory gst and central gst levied on common base. These taxation notes had been prepared for students who are doing advanced taxation modules for professional bodies as well as for honours and master degrees levels.
Tax taxation introduction, kinds of taxes notes bba. These 200187 notes provide a concise summary of the course content covered throughout the semester. In 1989 tax analysts added tax notes international, a weekly magazine focused on international taxation. Session 14 international taxation provide an overview of the taxation of international tax rules introduce the ftc provide an overview of transfer pricing 15. Taxation of income from business and investment international. Foreign institutional investors issuing participatory notes have decided to impose a 7. The tax rate does not change with the change in income of a person. Exams are near, but youre stuck with the notes, arent you. Syllabus and guidance notes the advanced diploma in. Rajan test bank chapter 4 summary case summaries cheat sheet for final exam 2015 exam 2014, questions and answers.
Turnover tax is charged on income or receipts from business by taxable persons of a turnover between sh. From years of assessment commencing on or after 1 april 2012, branches of foreign companies which have their effective management outside south africa will also be taxed at a rate of 28% prior to this date they were subject to taxation on south africansourced profits at a rate of 33%. It is 3 years under graduation course that provides you wide career opportunities in accounts, commerce, management fields. The topics prescribed in section i shall be studied with reference to an individual ordinary resident assessee only. Principles and practice of taxation lecture notes free download as pdf file. Each magazine offers bestinclass tax commentary and analysis on the latest changes in tax law and policy, as well as on court opinions, legislative action, and revenue rulings. Taxation is the inherent power of the state to impose and demand contribution for public purpose. All tax laws should conform to the maxims of taxation equity 1. Students, i am sharing brief and concise lecture notes on the b. Bel 300 taxation notes for university of pretoria these taxation notes had been brought to you courtesy of melissa sophia wicht. Get free pdf lecture notes, ebooks, handouts for b. Also, prepares students for varied positions in the area of tax consultancy. Challenging in the sense that most of the students are deprived from the qualitative notes.
University of pretoria bel300 taxation study notes south. He buys notes at a huge discount and, as he puts it, slides into the banks position. Tax notes talk covid19 and tax effects on real estate. Pdf a note on taxation, development and representative. Presented by caa 2016 page 4 of 46 for icaz 2016 cta exams property of caa learning media tutorial 1 all amounts in the question exclude value added tax vat. Bbs notes tu bbs 3 rd year bbs 3rd year taxation and auditing notes bbs notes.
Notes on taxation by khalid petiwala for caf future. Other causes of international double taxation including particular 1 issues for using citizenship as a connecting factor for taxation f methods of relief from international double taxation. Taxation is a means whereby the state collects funds to pay for public services. Article 24 elimination of double taxation this article discusses the methods of elimination of double taxation. Enterprise taxation, corporate classification, corporations v. Structure of income taxation 1 hilary hoynes uc davis, winter 2012 1these lecture notes are partially based on lectures developed by raj chetty and day manoli. Icwai cma intermediate international taxation notes pdf.
The turnover tax is explained in chapter 5 in detail. Therefore, an alternative scheme namely, the taxation and investment regime for pradhan mantri garib kalyan yojana, 2016 pmgky is proposed to be provided in the bill. Download best notes on taxation income tax, service tax. Introduction to taxation government plays an important role in most modern economies. The policy framework for investment pfi users toolkit. The bachelor of commerce course structure results in a flexible degree that allows students to explore different fields of study in business and economics as well as other complimentary disciplines. What is regarded as income under the income tax act what is gross total income what is total income or taxable income income tax rates this chapter seeks to study in details all these aspects which lay down the basic framework for levy of income tax in india and also explain the basic concepts and terms used in the income tax law. Finalthird3rd year subjects as per the latest syllabus for your university and college. Access study documents, get answers to your study questions, and connect with real tutors for taxation 101. The content of the book scientific basis different implementation strategies international good practice examples austrian etaxation solution 4. Income tax ebook, notes, book for bcom final free pdf download. Digressive taxation it is a mixture of progressive and proportional tax. The first three days are dedicated to the fundamental concepts relevant to the interpretation and. The institute of chartered accountants of nigeria ican was established by act of parliament no.
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Lecture notes, audit and assurance course 111 lecture notes, taxation law, course 1 book solutions cost accounting. The excellent download file is in the format of pdf. It is also important to note that the extension of double taxation conventions increases the. Why a guidance note on social protection and taxation. Can one claim advertising expenses once off website design as a deductible expense under the general deductions formula. Corporate taxation outline by washington university school of law file type. In order to provide for these program and services, the government needs revenues. I recently had a question from someone who has been buying nonperforming notes from a hedge fund. They offer an indepth description of the facts of relevant cases in addition to supporting legislation. Com prepares graduates for a wide range of careers in the business world while imparting managerial skills and core competance. Lectures notes on economics of taxation hanming fang october 14, 2004 contents 1 tax incidence 2. Download the valuable notes on taxation by khalid petiwala. This is a hard course so this would be useful for your upcoming assessments and open book exam. Principles of international taxation kuala lumpur, 16 20 november 2015 overview and learning objectives this course is designed to provide participants with the essentials of international taxation.
The notes have been prepared on the knowledge that advanced. Rollover relief on cgt in the widest sense of the term a rollover is a method for deferring a capital gain or loss. The deferral mechanism can take a variety of forms. Sales tax this is tax imposed on sale of commodities which was abolished in kenya. The international tax handbook, 6th edition iberglobal. Accountancy, cost account, statistics, economics, and law are the main subjects.
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