Includes bibliographical references.

Chapter I Foundations of Taxation
Chapter II Individual Income Taxation
Chapter III Business Taxation
Chapter IV Tax Planning and Compliance
Chapter V Contemporary Issues in Income and Business Taxation

Taxation is an indispensable facet of any modern society, serving as the primary means though which governments fund public services ad infrastructure. In the realm of public finance, the concepts of income and business taxation stand as pillars of fiscal policy, playing a critical role in shaping economic landscapes, fostering social welfare , and ensuring a fair distribution of resources. As we delve into the intricate web of regulations, principles, and practices surrounding income and business taxation, it becomes imperative to acknowledge the profound impact these systems have on individuals, corporations, and the broader socio-economic fabric. The framework of income taxation, with its nuanced structures and progressive principles, has long been regarded as a mechanism for achieving a balanced redistribution of wealth and fostering economic equality. By imposing taxes on personal earnings, investments, and various forms of income, governments strive to create a sustainable revenues stream that can be utilized or public welfare programs, infrastructure development, and essential services. Yet, as the dynamics of global economics continue to evolve, the intricacies of income taxation demand constant scrutiny and adaptation to ensure that the burden is equitably distributed whole fostering an environment conducive to economic growth and innovation.

College of Business and Accountancy Bachelor of Science in Accountancy

College of Business and Accountancy Bachelor of Science in Management Accounting

English