AMERICAN INTERNATIONAL UNIVERSITY-BANGLADESH

Faculty of Business Administration

Department of Accounting
MBA Program

COURSE OUTLINE

I. Course Code & Title : ACT 6003 Corporate Tax Management

II. Nature : Major Course
III. Credit : 3 credit hours
IV. Pre-requisites : Accounting for Managers

V. Course Description:
Tax expense, particularly income tax is a major issue on the part of the management of
corporate body. Under the circumstances, tax administration and planning has become a major
concern on the part of all business taxpayers. Through an effective and wise tax planning, a
corporate body can save a lot of money during the financial year and can also avoid much
unnecessary litigation. Therefore, this course will provide means and opportunities to the
students to easily comprehend the matter and to use the knowledge, in their day-to-day official
and business life to handle VAT, Customs, Excise tax and other corporate tax related issues.

VI. Course Learning Outcomes: at the end of the Course, the student will be able to

CLO1 Recognize the relative importance of corporate taxation.

Describe and interpret relevant provisions of firm and corporate taxation under
CLO2 the Income Tax Ordinance, 1984.
CLO3 Critically analyze and interpret relevant provisions of value added tax.
Apply the processes of customs duty assessment in accordance with the customs
CLO4 act
Formulate feasible tax planning in accordance with international tax
CLO5 management.

VII. A. Mapping of Course Outcomes to Program Outcomes:

PLO PLO PLO PLO PLO 5 PLO PLO PLO PLO PLO
1 2 3 4 6 7 8 9 10
CLO 1  
CLO 2   
CLO 3    
CLO 4       
CLO 5       

B. Assessment Pattern
Page 1 of 5
 CO/CLOs Level of Domain PO Assessment Tools
C P A S AO Assessed
CO1  1 Quiz, Mid and Final exam etc.
CO2   3 Quiz, Assignment etc.
CO3    2 Case study, Mid and Final exam
CO4    10 Mid and Final exam
CO5    6 Mid and Final exam.
C: Cognitive; P: Psychomotor; A: Affective; S: Soft-skills (CT: Critical Thinking, TS: Teamwork, Leadership etc.); Any

other: AO

VIII. Topics to be Covered:

Time Teaching CO
Topics Specific objective(s) Suggested activities Mapped
frame Strategy(s)
Overview of - To describe Mission and - Students introduction 1 lecture - give example CO 1
the Vision of AIUB; - review and discuss of career
university AIUB policy opportunities to
and the - course outline will be motivate the
course discussed in detail students

Introduction - Definition of Tax, - Group discussions - doing Board CO 1

to Taxation - Characteristics of Tax will be arranged among 1 lecture work
– Canons of Taxation students to identify - lecture
- Role of Taxation taxation structure of discussion with
- Classification of Tax Bangladesh multimedia
- Bangladeshi Tax Structure

Basics of To know about: - Class participation 2 - Power point CO 2

Corporate - Definition of Income Year, task will be arranged lectures presentation
Income Tax Assessment Year, Assessee among students to - doing problem
- Exception to rule of identify income year & solving using
Assessment year assessment year white board
- Classification of Assessee -problem solving
- Rules for Residential Status
for companies
- tax rates for business
organizations

Income Tax: To be acquainted with: -Group discussions 2 - doing problem CO 2

Assessment - Partnership and Partner - among students to lectures solving using
of Special provisions regarding identify assessable white board
Partnership the assessment of a Firm income -interactive
Firm - Procedure of Assessment -problem solving discussion
of Firm and Partners -seatwork to solve class
- Set off and carry forward assignments on tax
of Firm’s Losses rates
- Share of Spouse or Minor
Child in a Firm
- Computation of Partners’
Profit or Loss in Firm
- A Liability of a Firm for
unrecoverable tax due from
Partners
- Assessment of Firm’s in
Special Cases
Topics Specific objective(s) Suggested activities Time Teaching CO
Page 2 of 5
 frame Strategy(s) Mapped
Assessment - Corporate income tax rate -Class participation 3 -lecture CO 2
of Corporate Return Submission -problem solving lectures discussion with
Income Tax - Assessment based on - In class assignment multimedia –
Certificate of Chartered problem solving
Accountant using white
- Self-assessment for private board
limited companies - Quiz
- Final settlement scheme
- Allowable Expenditures
-Advance payment of tax
- Fiscal Incentives
- Charge of additional tax
and Charge of excess profit
tax (section 16B & C)
- Charge of dividend
distribution tax (section 16)
-CSR rebates
- assessment of corporations
and companies.

Tax Holiday - Various tax holiday - Provide a sample of 3 -problem CO 2

schemes for corporate tax holiday scheme lectures solving using
entities white board
- conditions for enjoying tax - case study
holiday benefits. analysis
- Review - Quiz

MID TERM EXAM

Value To know about: -problem solving on 1 lecture -interactive CO 3
Added Tax - Introduction - Statutory VAT calculation discussion
Definitions - Evolution of - student reporting on - case study
VAT in Bangladesh – VAT evasion analysis
Rationales and contribution - white board
of VAT - Scope of illustration
Bangladesh VAT Law-
Important Features of BD
VAT – The VAT
Mechanism- VAT
Registration and Turnover
Tax Enlistment - Imposition
of VAT - Manner of VAT
Collection - Tax Invoices
and Other Documents -
Imposition and Collection of
Supplementary Duty and
Turnover Tax- Accounting
of Value Added Tax and
turnover Tax - Filing of
Return and Amendments -
Offence, Trial and
Punishment - VAT
Calculation Accounts /
Documents relating to VAT
– VAT Authorities -
Alternative Dispute
Resolution

Topics Specific objective(s) Suggested activities Time Teaching CO

Page 3 of 5
 frame Strategy(s) Mapped
Customs To be familiar with: -Arranging class 3 lectures --lecture CO 4
Duty - Nature - Scope and participation task on discussion with
Importance - Goods customs duty multimedia
Dutiable - Goods Prohibited assessment -white board
- Various Duties under the -problem solving illustration
Customs Act - Rates of - In class assignment
Duties - Tax Points and
Valuation Bases for Customs
Duty - Duty-Drawback and
Exemptions - Pre-Shipment
Inspection Agencies –
Assessment - Penalties and
Offences - Schedules.

Excise Duty - Nature - Scope and -Group discussions 2 lectures -Power point CO 4
Importance - Dutiable among students to presentation on
Goods/Services - Rates of enhance analytical selected topic
Duties - Tax Points and Tax- ability excise duty - problem
Base Excise Duty – measurement solving using
Exemptions - Assessment -problem solving white board
- socialized
recitation
- Quiz

International -. Multiple taxation system - -problem solving 1 lecture -interactive CO 5

Tax double taxation treaties - -in class assignment discussion
Managemen credit system - -lecture
t remittance/dividend system discussion with
from subsidiaries - transfer multimedia
pricing -white board
illustration
FINAL EXAM

IX. Course Requirements/ Assessment:

Quizzes
Altogether 4 quizzes may be taken during the semester. The quizzes are generally based on previous
class lectures. No make-up quizzes will be taken. Students are strongly recommended not to miss any
quizzes.

Assignment
The topic of the assignment will be informed in the class. All the assignments will be individual-
based and must be submitted on or before the due date. No late submission of assignments will be
accepted.

Class Participation
Class participation is a major part of student assessment process and students will be evaluated
during the semester through various group activities, group problem solving, time games and VIVA
sessions.

Tutorials
Students are required to visit the consultation hours to solve their problems. There will be two special
classes which will be conducted before the Midterm and Final term exams. In the tutorial classes the
teachers will give special attention to the weak students in the class

Page 4 of 5
X. Evaluation:
Individual students in this course will be evaluated based on the following grading criteria with
respective weights.
Assessment Mode Weight
Quizzes 20%
Assignments 10%
VIVA/ Case Study 10%
Class attendance & participation 10%
Term Examination 50%
Total 100%

XI. Textbook/Reference Materials:

Text Act:
The Income Tax Ordinance, 1984; Govt. of Bangladesh

Link: Will be uploaded in VUES account.

Reference Acts:
1. The Income Tax Rules, 1984, Govt. of Bangladesh.
2. The Finance Act, Concern Fiscal Year; Govt. of Bangladesh
3. Statutory Regulatory Orders (SRO), Govt. of Bangladesh
4. National Board of Revenue Annual Reports
5. The Value Added Tax & Supplementary Duty Rules, 2016, Govt. of Bangladesh
6. The Customs Act, 1969, Govt. of Bangladesh

Reference website:
1. www.nbr.gov.bd

Page 5 of 5