Assignment Sample For Subject ACCT 302-Taxation

The sample ACCT302 discuss about the principles of taxation, corporate tax and GST. It helps the student to have an idea about how tax laws and businesses get affected. It also highlights deductions and reporting obligations. 

Sample Questions & Answers

1. Why is taxation important for businesses?
   It ensures legal compliance, minimizes risks, and helps businesses plan finances efficiently.
    

2. What are tax deductions?
   They reduce taxable income by allowing expenses like donations, depreciation, or business costs.

      3.  How does double taxation affect multinational corporations?
          It increases tax burden, often mitigated by treaties, credits, or restructuring.