Technical Seminar - Preparation of Corporate Tax Return

This workshop is designed to help participants understand the mechanics of preparing a basic corporate tax computation.

It will review fundamental tax principles such as taxability, deductibility, capital allowances, utilisation of losses as well as foreign income tax exemption and foreign tax credit systems. It will also discuss common errors made when preparing such tax computations.

COURSE CONTENT
· Overview of corporate tax system
· Taxable and exempt income
· Deductible and non-deductible expenses
· Claiming capital allowances
· Utilisation of tax loss items
· Claiming tax exemption and foreign tax credits
· Pro forma tax computation