Faculty of Business and Accountancy University of Malaya
Faculty : Business and Accountancy
Department :
Programme of Study :
Course Code :
Course Title :
Credit Hours :
Course Prerequisite(s) / None
Minimum Requirement(s) :
Learning Outcomes :
Faculty of Business and Accountancy University of Malaya
: Management Accounting and Taxation
Programme of Study : Bachelor of Accounting
Course Code : CTEA2220
Course Title : Business and Corporate Taxation
Credit Hours : 3
Course Pre-requisite(s) /
Minimum Requirement(s) : Pass CTEA2219 Malaysian Taxation System
Learning Outcomes : At the end of this course, students should be able to:
1. Analyze the essential features for company taxation, RPGT, indirect
taxation and withholding tax.
2. Apply various tax incentives such as the reinvestment allowance and
incentives for the tourism industry.
3. Compute dividend franking balances for the company and recommend
the most tax efficient plan for dividend payment.
4. Determine the basis period of company in relation to the
commencement of businesses and changes in accounting period.
5. Compute chargeable income based on the profit and loss statement.
Synopsis of Course Contents : This course covers all aspects of company taxation, investment incentives
and indirect taxes. Topics covered include ascertainment of corporate
taxation, basis periods after changes in accounting dates, industrial
building allowances, agriculture allowances and real property gains tax.
Investment incentives under the ITA 1967 and PIA 1986 are also discussed.
Assessment : Continuous Assessment: 40%
Final Examination : 60%