Description
[UPDATED DECEMBER 2022]General course information. A twin course by Sylvester Osode . In the first course, you will learn about Tax concepts which will give us an overview of the Tax system. We will draw similarities from other countries'' tax systems, among others. At the end of the first course, the student should understand the following, among others: The different classes of TaxesPrinciples of an ideal Tax systemExamination of the various tax canonsDirect and Indirect taxationAbility to differentiate between Pay theory and Benefit theoryImportance of Taxation, among other objectivesWhile in the second course, Tax systems, Case study: Nigeria, you find out that the tax laws or legal instruments that tax administration relies upon are the basis of authority to implement tax policies of a country. You will also learn about the complete tax system In Nigeria, including; Concept of the Nigerian Tax systemWhat is the concept of tax about? What is the relationship between tax policy, laws and administration? Concept of Tax policythe difference between a policy and a tax policyConcept of Tax LawsWhat are tax laws and the various pre-2002 and post-2002 laws like the company Income tax, VAT Act or sales tax, Petroleum Tax, Education, etc.? Learn about their functions, challenges, usefulness and much moreConcept of Tax AdministrationWho administers the tax, how are the various managers constituted, and what are their essential functions?InstructorSylvester Oshode is a chartered accountant and tax administrator with many years of professional work experience. He is currently a Manager (Compliance audit) at the Federal Inland Revenue Service (FIRS) as Team Head of the Audit Review Committee. He holds a bachelor's Degree in Accounting and Fraud Detection and a Master's in Business Administration. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an Associate of the Chartered Institute of Taxation of Nigeria (CITN).
