Course Title: Corporate Tax Management

i i i i i

East iiDelta iiUniversity

School iiof iiBusiness iiAdministration
MBA iiProgram iiSyllabus
Course iiCode: iiACT ii631

Course iiObjectives:
The iiobjective iiof iithe iicourse iiis iito iiacquaint iithe iiparticipants iiwith iithe iiimplications iiof iiboth iidirect iiand
iiindirect iitax ii laws iiwith iia iiview iito iiintegrating iithe iirelevance iiof iithe iilaws iiwith iicorporate iiprofit iiplanning

iiand ii managerial iidecision-making. iiIt iiwill iialso iienable iistudents iito iiassess ii income iitax iiof iicorporate iibodies

iialong iiwith iiVAT iiassessments. ii

COURSE iCONTENTS:

1. iCorporate iTax iManagement i- iAn iintroduction: i

Corporate iEntities i- iLiable ito iTypes iof iTaxes iand iApplicable iRates, iTax iManagement, iTax
iResearch iand iTax iCompliance iand iSources iof iTax i Information.

2. iTax iPlanning: i
Corporate iTax iPlanning, iReason ifor iTax iPlanning, iTypes iof iTax iPlanning, iPrinciples iof iTax
iPlanning, iTax iPlanning iTechnique i in iGeneral i and i in iBangladesh iperspective, i Restriction ion

iTaxpayer iBehaviors, iFactors iAffecting iTax iPlanning i in igeneral iand i in iBangladesh iperspective,

iTax iEvasion, iTax i Avoidance, iTransfer iPricing, iWindow iDressing iand iCreative iAccounting.

3. iInter-Temporal iTax iPlanning iusing ialternative iSavings iVehicles: i

Constant iTax iRates, iChanges iin iTax iRates iand iImplications ifor iBangladesh. i

4. iInter-Entity iTax iPlanning: i

Organizational iForms ifor iProducing iGoods iand iServices i- iNon-Tax iAdvantages iof iOperating iin
iCorporate iForm, iChanging iPreferences i for iOrganizational i Forms iInduced i by iTax-Rule iChanges. i

5. iFiling iof iReturn iand iOthers, iAssessment iof iCompany iand iPayment iof iIncome iTax:
Annual iIncome iTax iReturn, iWithholding iTax iReturn, iInformation iRelating ito iSalary, iTypes iof
iCompany i Assessment, iPayment iProcedure iof iTaxes iand iConsequences iof iNon-Payment,

iAdvance iTax iPayment, iTax iDeduction iat iSource iand iPayment.

6. iImplicit-Taxes, iClienteles iand iArbitrage: i

Implicit iTaxes- iTax i- iFavored iStatus iand iImplicit iTaxes, iImplicit, iExplicit iand iTotal iTax iRates,
iImportance iof i Adjusting i for iRisk iDifference, iClienteles i- iImplicit iTaxes iand i Corporate iTax

iBurdens i– iIncome iTax iAppeal, iClientele-Based iArbitrage i- i Alternative iDispute iResolution

i(ADR), iOrganizational i form iof i ADR iand iProcedure iof i ADR.

7. iNon-tax iCosts iof iTax iPlanning:
Symmetric iUncertainty, iProgressive iTax iRates iand iRisk iTaking i- iTax iPlanning iin ithe iPresence iof
iRisk i- iSharing iand iHidden i- i Action iConsiderations i- iTax iPlanning i in ithe iPresence iof iHidden i-

iInformation iConsiderations, iTax iPlanning iand iOrganizational iDesign, iConflicts ibetween

iFinancial iReporting iand iTax iPlanning. i

8. iImportance iof iMarginal iTax iRates iand iDynamic iTax iPlanning iConsiderations:
Marginal iTax iRate: iDefinitional iIssue-Tax iPlanning ifor iLow iMarginal iTax iRate iFirms,
iAdaptability iof iTax iPlans, iReversibility iof iTax iPlans, i Ability ito iInsure iAgainst iAdverse iChanges

i in iTax iStatus, iTax iPlanning i- iWhen ia iTaxpayer’s i Marginal iTax iRate i is iStrategy i- iDependent.

9. iCorporate iCompensation iand iOther iExpenditure iPlanning: i

Salary iversus ideferred icompensation, isalary iversus ifringe ibenefits, iother iissues iin icompensation
iplanning iand iLimitation i in iSpending isome iSpecific iExpenses.

10. iSpecific iPlanning iAspects ifor iIncomes/ iDeductions/Losses: i

Corporate iTax iPlanning ifor iIncomes, iTax iPlanning ifor iDeductions, iTax iPlanning ifor iLosses.

11. iDeferred iTaxation iand iTax iPlanning:

Corporate iCompliance iwith iIAS iRegarding iIncome iTax: iIAS i12 i(revised i2000) i- iCurrent iTax,
iDeferred iTax iand i Computation iof iCurrent iTax iand iDeferred iTax iand iTax iPlanning iIssues.

12. iValue iAdded iTax: iDefinition, iMerits iand iDemerits, iComputations, iFeatures, iGoods iand
iServices iExempted iand iSubject ito iVAT, iVAT irate, iVAT iAssessment, iReturn, iMaintaining iand

isubmission iof iother i information, iTurnover iTax, iSupplementary iDuty.

Recommended iText:
Taxation iII, iICAB, iLatest iEdition.
Nikhil iChandra iShil, iet ial., iBangladesh iIncome iTax i-Theory iand iPractice, iShams iPublications,
iLatest iEdition.

Mahmud, iMonjur iMorshed, iet ial., iIncome iTax, iPadma iProkashani, iLatest iEdition
Suggested iReadings: i
Lakhotia, iR.N iand iS.Lakhotia, i1998, iCorporate itax iplanning. iNew iDelhi: iVision ibooks. i
Paikhivala, iN.A, iand iB.A iPalkhivala. i1976. iKanga iand iPalkhivala’s ithe ilaw iand ipractice iof iincome
itax ivolume iI iBombay: iN.M iTripathi iPrivate iLtd. i

Rajaratnam, iS. i1994 iTax iManagement, iMadrsa, iIndia: iForum ifor ilegal istudies iPvt. iLtd. i
Scholes, iMyron iS. iAnd iMark iA. iWolfson, i1992 iTaxes iand iBusiness istrategy: iA iPlanning
iapproach, iEnglewood icliffs, iNew iJersey: iPrentice iHall, i lnc. i

Scholes, iMyrson iS. iMark iA, iWolfson, iMarle iErickson, iEdward iL. iMaydew iand iTerry iShevlin,
i2002. iTaxes iand iBusiness iStrategy: i A iPlanning i Approach. iUpper iSaddle iRiver, iNew iJersey:

iPrentice iHall. i

Shuklendra, iA, iAnd iM.G. iGurha, i1992, iTax iplanning iunder idirect itax iAllahabad: iModern iLaw
iHouse. i

Sommerfeld, iR.M, iH.M iAnderson iand iH.R iBrock, i1980, iAn iintroduction ito itaxation iNew iYork:
iHarcourt iBrace iJovanovich, iInc. i

Sommerfeld, iR.M, iH.M iAnderson, iH.R iBrock, iR. iBoley, iJ.H iBoyd, iA.A iFowler, iJ.L. iKramer, iS.A
iModeo, iM.L iMoore, iG.F iStreuling iand iJ.E iWheeler, i1980. iAn i introduction ito itaxation: i Advanced

itopics. iNew iYork: iHarcourt iBrace iJovanovich, iInc. i

Webliey, iP.H, irobben, iH.Effiers iand iD. iHessing i1991. iTax ievasion iAn iExperimental iApproach.
iCambridge: iCambridge iUniversity iPress. i

Supporting iand iEssential iReadings: i

The iIncome iTax iOrdinance, i1984 iand ithe iIncome iTax iRules, i1984 i(Updated).
Statutory iRegulatory iOrders i& iGeneral iOrders iof iNBR
The iFinance iAct, i2019 i(Latest)
The icustoms iAct, i1969.
The iValue iAdded iTax iand iSupplementary iDuty iAct, i2012.
The iExcise iand iSalt iAct, i1944. i
The iGift iTax iAct, i1990. i
Annual iFinancial istatement i(Budget iEstimate). i
Annual iReports iof ithe iNational iBoard iof iRevenue. i
Summary iof itaxation irules iin iBangladesh i(MCCI, iDhaka).