Tax Planning & Compliance
Overview
Tax rules are complex and change often, and mistakes can be costly. This course covers corporate tax principles, compliance obligations, tax planning within the law, transfer pricing basics, withholding taxes and managing tax risk and audits.
Who should attend
Tax and finance staff, accountants, financial controllers, and auditors.
Training methodology
Interactive presentations, practical exercises, case studies, group discussions, role-plays where relevant, and a personal action plan that participants apply in their own work.
Objectives
By the end of this course, participants will be able to:
- Explain corporate tax principles and obligations
- Prepare for accurate and timely tax compliance
- Apply legitimate tax planning approaches
- Understand transfer pricing and international tax basics
- Manage tax risk and tax audits
Course outline
Day 1Tax Fundamentals
- Types of taxes
- Corporate income tax
- Tax residence
- Tax and accounting profit
- Discussion
Day 2Compliance
- Registration and filing
- Tax computations
- Deadlines and penalties
- Record keeping
- Computation exercise
Day 3Tax Planning
- Legitimate planning versus avoidance
- Incentives and exemptions
- Structuring considerations
- Deferred tax
- Case study
Day 4International Tax
- Double tax treaties
- Withholding taxes
- Transfer pricing basics
- Global minimum tax trends
- Exercise
Day 5Tax Risk and Audits
- Tax risk management
- Preparing for audits
- Disputes and objections
- Tax governance
- Action plan
