Tax Planning and Corporate Compliance

It is a globally accepted principle that taxpayers are encouraged to plan their tax affairs in order that the tax liabilities under the law could be minimized. By so doing, taxpayers adopt various methods by tax planning which include optimizing available tax deductions or exempts, business restructuring model such as moving to low tax jurisdiction, financing option. This Tax Planning & Corporate Compliance course is designed for individuals, managers and top executives desiring to take advantage of the tax laws provisions to reduce their tax liabilities to the advantage of the organization. The course will inform you of what is needed to be done in order to plan your tax adequately and be relieved of tax authorities’ disturbances.

Program Objectives

• Equip participants with a comprehensive understanding of globally accepted principles for tax planning.
• Provide insights into various tax planning methods, including optimizing deductions, exemptions, and business restructuring models.
• Empower individuals, managers, and top executives to strategically leverage tax laws to minimize organizational tax liabilities.
• Offer practical knowledge on moving to low-tax jurisdictions and exploring financing options for effective tax planning.
• Inform participants about the essential steps needed to plan taxes adequately and mitigate disturbances from tax authorities.
• Foster compliance awareness, ensuring participants are well-versed in navigating tax regulations and minimizing inquiries from tax authorities.

Modules

Module 1

• Understanding Taxation
• Difference between Tax Avoidance and Tax Evasion

Module 2

• Tax Administrators in Nigeria
• Functions and powers of the administrators

Module 3

• Taxes regulated by the 3 tiers of government.
• Tax Planning

Module 4

• Relieves, and Incentives available to taxpayers.
• Benefits of Tax planning
• Implications of not filing returns (Non-compliance)

Certification

Upon successful completion off the training, participants will be awarded Cynet East Africa Consultancy certificate.

N/B

Online training available at USD 710.

Training will be facilitated by Cynet East Africa Consultancy seasoned trainers.