Nanyang Technological University

Nanyang Business School

Nanyang Business School - Undergraduate Programmes

Course Description

AA203 / AC2301 Principles of Taxation

Acad Unit: 4
Pre-requisite: AB1102 / AC1101 (AY14 & after); AB1101 (AY13 & before)

Course Description:

This course focuses on the income tax and the goods and services tax (GST) in Singapore. It aims to achieve the following objectives:
 

  1. an appreciation of the policy considerations that drive the changes to the tax law - the
    Policy objective;
  2. an understanding of the key tax concepts and principles and the ability to apply them -
    the Compliance objective; and
  3. an awareness of the role of taxation in decision-making by businesses and individuals
    and how legitimate tax planning could reduce tax costs - the Planning objective.