Page 11 - F1 Integrated Workbook STUDENT 2018

Chapter 1

Features of Taxation and the Regulatory

Environment

Outcome

By the end of this session you should be able to:

 discuss the features of the types of indirect and direct taxation that typically
apply to an incorporated entity

 discuss the regulatory environment for taxation, including the sources of
taxation rules, record keeping, powers of tax authorities and the distinction
between taxation evasion and avoidance

and answer questions relating to these areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 1 of your Study Text

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