ACCT90016 - Taxation for Business Decision Making

The subject code ACCT90016 -Taxation for Business Decision Making examines the impact of taxation principles on the financial decisions of corporations and individuals. It includes business entities, tax planning, compliance and the effect of tax in investment, financing and operational business strategy in local and global business environment.

Sample questions & answers

Q1. What impact does tax have on business decisions?

Taxation limits financing, investment and profit decisions because it alters aftertax returns, and adds complexity to cost structures.

Q2 - How do you differentiate tax avoidance from tax evasion?

Tax avoidance may be used as a byword for tax reduction through legally-compliant means, or the term may simply refer to the reduction of tax liability in whatever manner possible, whether legally compliant or not.