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ACC 331 Taxation I

300 levelManagement & Administration10 topics

ACC 331 covers 10 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Principles and objectives of taxation in Nigeria
  2. The Nigerian tax system and tax administration structure
  3. Personal Income Tax Act and PAYE scheme
  4. Determination of residence and taxable income of individuals
  5. Computation of assessable and chargeable income
  6. Capital allowances and reliefs
  7. Taxation of partnerships and sole traders
  8. Withholding tax mechanism
  9. Tax appeal procedures and the tax authorities
  10. Ethics and problems of tax collection in Nigeria

A sample from this course

One topic, as StudyPath teaches it.

Principles and objectives of taxation in Nigeria

The principles and objectives of taxation in Nigeria focus on the basic rules that make a tax system fair, workable, and acceptable, and on the reasons government imposes taxes. For exams, you must clearly distinguish between principles such as equity, certainty, convenience, and economy, and objectives such as revenue generation, redistribution, regulation, and economic development.

What you get for ACC 331