Advanced Taxation

Where the marks are

Percentages are the examinable weighting for each area. Revising in this order puts your time where the marks are.

1. Taxation of Companies and Investment Income

   35%

   Companies income tax (CIT) · Taxation of investment income · Tax incentives · Ascertainment of chargeable gains · Taxation of leases

2. International Taxation

   20%

   Non-resident taxation · Taxation of the digital economy · Tax treaties · Transfer pricing · Actions against base erosion and profit shifting (BEPS) · Regional integration and trade blocs · International tax policy

3. Taxation of Incomes of Extractive Industries

   20%

   Oil and gas taxation (hydrocarbon tax and consolidation for tax purposes) · Oil and gas taxation (petroleum profits tax assessments) · Oil and gas taxation (deep offshore and inland basin production sharing contracts) · Mining taxation · Environmental, social and governance (ESG) compliance in the extractive industry

4. Tax Management and Planning

   10%

   Mergers and acquisitions · Tax practice management · Tax planning, avoidance and evasion · Tax audit and tax investigation · Ethics and professionalism in tax management · Tax accounting and reporting

5. Current Issues and Emerging Trends

   10%

   Current tax issues (including disruptive technologies affecting tax administration) · Emerging trends (taxation and sustainable development goals)

6. Tax Administration

   5%

   National tax policy · Introduction to tax administration · Objections and appeals

What Edentos holds for this paper

• 59 past questions from the Institute’s own papers, with its published solutions.
• Timed mock examinations, written by hand and marked against the examiner’s guide.