BTA3324: Sales and service tax (SST) was reintroduced on 1 September 2018 to replace goods and services tax (GST): Taxation 2 Assignment, UOW, Malaysia
| University | UOW Malaysia KDU Penang University College |
| Subject | BTA3324: Taxation 2 Assignment |
Scenario
You have been offered a job as a tax consultant in a big four accounting firm. The firm has high value clients including individuals and companies who hire the services of your firm for tax purposes. Your managing partner has asked you to prepare an individual report which covers the following tasks using the latest tax legislations, public rulings, or guidelines.
This is an individual assignment; please ensure that the latest tax laws, public rulings, and tax legislation are applied to fulfil both tasks mentioned in the assignment.
Task 1 (15%)
Sales and service tax (SST) was reintroduced on 1 September 2018 to replace goods and services tax (GST) which lasted 3 years 5 months. Until today Malaysian government still maintain SST as it serves as part of the income for Malaysian government.
Critically discuss the reasons of sales and service tax (other than source of income) that Malaysian government still maintain SST. Additionally, you are also required to discuss the factors that influence non-compliance of sales and service tax and ways to overcome non-compliance of SST especially those companies that are qualified to register and pay SST
(1,500 words)
Task 2 (15%)
Tax evasion refers to an illegal way to reduce the payment of tax liabilities whereas tax avoidance is defined as a proper tax planning exercise to reduce tax liabilities.
Critically discuss the needs of tax audit and investigation on tax evasion. You are required to compare tax evasion with tax avoidance in a table format. In addition, you are also required to provide your own opinion on the ways or methods of reducing tax evasion and tax avoidance.
Get Help By Expert
For BTA3324 Taxation 2 Assignment, Malaysian students can rely on our Malaysian essay writers and cheap assignment helper services. Pay our experts for assistance and sail through your course with ease. From intricate tax concepts to challenging assignments, we've got you covered. Trust us to help you excel in your studies.
Recent Solved Questions
- Operation Management Assignment, MU, Malaysia Discuss the concepts of operations input resources, transformation processes, and outputs
- Film, Television and Screen Studies Assignment, UON, Malaysia Identify the main aspects of mise-en-scene that are being used. Which are most important and why
- Technology and Multimedia Design Case Study, TU, Malaysia Your multimedia company is hired by the Ministry of Education Malaysia (MOE) to produce educational applications
- Procurement and Supply Chain Assignment, IMTC, Malaysia The conception of the ‘The Five Rights of Purchasing” has been used by purchasing professionals over many decades
- NBHS1213: Discuss the anatomy and physiology of a peripheral circulatory system as well as the pathophysiology of a cardiopulmonary system for a patient: Anatomy And Physiology 2, Assignment, OUM, Malaysia
- Select a company, either online or offline, that empowers its customers to personalize products or services: Consumer Behavior Assignment, MU, Malaysia
- Neuroscience Assignment, UPM, Malaysia Discuss how small changes in the brain can create a difference in the action of an individual more precisely in the person’s behavior
- PRG2104 Object Oriented Programming Final Assessment
- Business Law Essay, TU, Malaysia Discuss a cheque as one of the negotiable instruments, its relevancy in the modern banking industry
- BFW3121: Investments and Portfolio Management Assignment, MUM, Malaysia The Malaysian stock market is a key economic indicator of the country’s overall economic health
