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Principles of Taxation

Provider: AICPA

Length: 50 minutes

Business Management and Organization 1 CPE Credits Intermediate QAS self study
Prepare for principles of taxation

Understand the general principles of taxation, the concept, sources, and systems.

Be prepared to advise about tax policy issues or manage tax administration. Understand the complicated sources of tax law and the ways that specific tax rules vary across the many different taxing jurisdictions. Then, learn the common principles that exist in the types of direct and indirect taxes imposed and in the methodology behind corporate and individual tax systems. Understand the differentiating characteristics of common tax systems and their importance to the finance function to that leadership is aware of tax consequences.

Acquire new skills to demonstrate your proficiency
- Three major principles for a good tax policy
- Source of tax rules that influence a tax system
- Tax rate structure
- Direct tax versus indirect tax
- Corporate tax versus personal tax
- Administration of a tax system

Gain practical experience

Use case studies and scenarios to evaluate business performance and get a deeper understanding of various ways to improve the business performance and align with organisation goals.

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