13 May DEFINE THE OBJECTIVES OF MODERN INCOME TAX STATUTES.
Tax Law and Accounting
Business, Accounting/Business Analysis/Financial Reporting –
Year 3
Tax Law and Accounting
a. Define the objectives of modern income tax statutes.
b. Compare and contrast Generally Accepted Accounting
Principles (GAAP) and tax accounting. Explain why they are different.
c. Differentiate between tax avoidance and tax evasion.Tax Law and AccountingBusiness, Accounting/Business Analysis/Financial Reporting –
Year 3Tax Law and Accountinga. Define the objectives of modern income tax statutes.b. Compare and contrast Generally Accepted Accounting
Principles (GAAP) and tax accounting. Explain why they are different.c. Differentiate between tax avoidance and tax evasion.
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