Name: CFAP 5 - Tax Planning & Practices - TSB Education
Availability: InStock

Description

INSTRUCTOR

M. Muzammil Hemani

M. Muzammil Hemani is presently the Partner Tax & Legal at Hemani Associates. He is also the Director at Pakistan Institute of Taxation [PIOT] which is an approved learning partner of Chartered Institute of Taxation, United Kingdom in Pakistan. He is the Member of the ICAP Committee on Fiscal Laws. Moreover, he is also associated as the member of the Karachi Tax
Bar Association [KTBA].

Besides this, he had led the Local & International Taxation Function of Mondelez International for four countries including Pakistan, UAE, Bahrain & Bangladesh. Muzammil started his professional career with working for KPMG at Karachi and Jeddah offices respectively.

Academically, he is a member of ICAP and has also completed his Advanced Diploma in International Taxation & Transfer Pricing from the Chartered Institute of Taxation, United Kingdom.

Being the faculty member of Taxation and Law subjects at one of the renowned Institute of CA Pakistan, Muzammil has successfully taught over 3,500+ CA students.

Furthermore, as a Professional Corporate Trainer and guest speaker he has successfully conducted workshops and training on various taxation topics in Pakistan, Dubai, and Singapore. He has remained associated with various forums for conducting tax awareness sessions including ICAP, ICMAP, PIPFA, IFA(UK), PIM, IFMP etc. While, he is also serving as the Course Director for ICAP’s most popular taxation course named as “Tax MasterClass”.

As an author on taxation related topics, he has written in various newspapers and tax journals on different topics besides sharing his taxation issues related views on electronic media of Pakistan.

Curriculum

COURSE CURRICULUM

A – Income Tax

1- Income Tax Ordinance, 2001

Introduction and central concepts
Computation of income of under normal tax regime, final tax regime, minimum tax regime, and related tax liability
Exemptions, tax concessions, losses, deductible allowances, and tax credits
Common rules, assets, principles of taxation, and geographical source of income
Foreign source income of residents, taxation of permanent establishment, thin capitalization, avoidance of double taxation, and anti-avoidance
Returns, assessment, appeals, audit, penalties, and offenses
Collection & recovery of tax, advance tax and final tax, refund of tax and withholding tax
Others

2- Income Tax Rules, 2002

3- Relevant notifications, circulars issued under the Income Tax Ordinance, 2001 and rules made under therein and model double tax treaty (country specific treaty not examinable).

B – Sales Tax and Federal Excise Duty

1- Sales Tax Act, 1990

Introduction, scope and payment of tax
Registration & de-registration, bookkeeping, Invoicing, records, returns and audit
Administration, penalties, offences, appeals and recovery of arrears
Miscellaneous

2- Sales Tax Rules, 2006

3- Common provisions of provincial / capital territory sales tax laws on services

4- Relevant notifications, circulars and general orders issued under the Sales Tax Act, 1990 and rules made under therein

Federal Excise Act, 2005 and Federal Excise Rules 2005

5- Introduction and definitions

Levy, Collection and Payment of Fed

6- Notifications, circulars and general orders under the Federal Excise Act, 2005 relevant to chapters I and II

Ethics

7- Code of Ethics for Chartered Accountants (revised 2019): Section 600.1 to 600.10, Section 600(Subsection 604)

OR

CFAP 5 – Tax Planning & Practices