20 credits at level HE6
The aims of this module are:
* to develop in the student the ability to critically evaluate the structure and operation of the system of taxation in Hong Kong.
* to enhance the students ability to analyse and apply relevant legislation to personal and business matters.
* to develop in the students the ability to utilise planning strategies in response to specific taxation issues and to critically evaluate such strategies.
* to develop in the student the ability to critically review, assess and criticise the existing body of taxation literature.
* to raise in the student a critical awareness of social, political and other issues considered in the development of taxation strategy.
1. The Capital taxes, the law and practice of stamp duty
2. Complex areas of income and corporate taxation, the law, principles and practices of profits, salaries and property tax computations, international aspects
3. Tax planning for individuals and companies, the formulation and evaluation of tax planning strategies
4. The formulation of tax strategy, the law and practices on tax evasion, penalty and anti tax avoidance, social and political considerations
when you have successfully completed this module you will:
to demonstrate that you have achieved the learning outcome you will:
|1.||· be able to critically evaluate the structure and operation of the system of taxation in Hong Kong||· critically review the main components of Hong Kong taxation.|
|2.||· be able to demonstrate a critical awareness of the key factors which influence the development of taxation strategy.||· assess the ways in which tax regulation affects individuals and businesses and is in turn affected by key factors.|
|3.||· be able to critically evaluate literature in the areas of taxation.||· Construct a coherent argument leading to a clearly stated conclusion based on a critical review and evaluation of published literature in a particular area of taxation and to formulate recommendations about how the area could be developed further.|
|4.||· be able to evaluate the impact of tax legislation on the activities of individuals and companies.||· Use tax legislation to produce a range of complex tax computations in a variety of scenarios|
|5.||be able to identify appropriate tax planning strategies in a variety of scenarios||· Critically evaluate the results of these computations and justify the selection of a particular tax strategy in response to a given situation.|
|6.||· be able to demonstrate independence in their approach to study.||l Access and make use of published resources independently.|
Your achievement of the learning outcomes for this module will be tested as follows:
|Description||2,500 word essay||3 hour open book examination|
Before taking this module you must have successfully completed the following:
No restrictions apply.
All current editions:
Hong Kong Master Tax Guide, CCH Asia Pte Limited
Flux and Smith, Hong Kong Taxation, Law & Practice, the Chinese University Press
Lee, D & Ho C M, Advanced Taxation in Hong Kong: a Study Guide, latest edition, Longman, Hong Kong
Other Essential Readings:
Hong Kong Inland Revenue Ordinance
Inland Revenue Rules
Departmental Interpretation and Practice Notes
Hong Kong Tax Cases
Hong Kong Inland Revenue Board of Review Decisions
Hong Kong Stamp Duty OrdinanceStamp Duty Office Interpretation and Practice Notes
|Host Subject Group:||Business Studies|
|User Name||Date Accessed||Action|