Goods and Services Tax

Synopsis

TAX505 Goods and Services Tax equips the student with the knowledge of the legal basis of goods and services tax i.e. the Goods and Services Tax Act. It also equips the student with skills to answer questions that are new or novel. The student learns that taxation is grounded in the legal provisions of the Goods and Services Tax Act, and learns to be familiar with the structure of the Act, and how the Act should be interpreted and applied, as well as how it is applied. The student will be equipped to navigate the Goods and Services Tax Act and call upon the relevant case law to help interpret the Act when faced with unfamiliar or novel situations. The course is not a computational course.

Level: 5
Credit Units: 5
Presentation Pattern: EVERY JAN

Topics

Tax Administration
Imposition of Tax
Extent of Tax
Credit for Input Tax against Output Tax
Reliefs
Special Cases
Accounting and Assessments
Board of Review
Offences and Penalties
Proceedings
Collection and Enforcement
GST Planning

Learning Outcome

Evaluate the facts in various case-study scenarios, and correctly identify the taxation issue presented
Assemble all sources of law and practice relevant to the issue identified
Critically appraise the various authorities that may exist in this area, be they case law, statute law etc.
Distinguish precedent cases from fact pattern presented
Formulate a position paper, strategy document or tax advice on matters relating to the taxation issue
Examine and analyse legal materials which are written in technical or complex language
Discuss through different forms of communication, such as verbal, written and formal presentations, presenting knowledge or an argument in a way which is comprehensible to others

Part-time Programmes / CET Courses

Singapore University of Social Sciences

Goods and Services Tax