StudyPath

TAX 322 Business Taxation II

HND1 levelManagement & Administration15 topics

TAX 322 covers 15 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. Tax liability of individuals
  2. Earned and unearned income
  3. Reliefs and individual tax computation
  4. Tax liability of partnerships
  5. Changes in partnership composition
  6. Commencement, dissolution and admission in partnership
  7. Conversion of partnership to limited liability company
  8. Loss relief in personal income tax
  9. Trusts, estates and settlements
  10. Assessment and collection for trusts and estates
  11. Tax offences, penalties and appeals
  12. Personal income tax administration
  13. Tax organs and their functions
  14. Joint Tax Board, FIRS and State Boards
  15. Judicial system in tax administration

A sample from this course

One topic, as StudyPath teaches it.

Tax liability of individuals

The tax liability of individuals is the amount of tax that a person must pay to the Federal Inland Revenue Service (FIRS) after accounting for all taxable income, allowable deductions, exemptions, and tax credits.

What you get for TAX 322