BTW2122

South African taxation of businesses

(BUS)

6 points + 2-hour lecture and one 1-hour tutorial per week + First semester + South Africa + Prerequisites: BTW1201 and BTW2121

Synopsis: An introduction to the principles of the taxation of businesses, including an examination of: value-added tax (VAT); capital allowances; business income and expenses; sole traders; partnerships; companies and close corporations; credit agreements and township developers; trust income; donations tax and administrative procedures.

Assessment: Assignment (up to 3000 words): 30% + Examination: 70%