******************* With 20 Pages of Editing Guidance on Taxation : Booklet: should include • Acknowledgement • Table of Content • Abstract and synopsis • Introduction • Main Body • Facts and figures on Qatar • International Facts and figures • Conclusions Include in the introduction the vocational Scenario 1. Critically analyze the taxation systems across the globe and that of Qatar. • Explain all the taxation systems and mention their advantages and disadvantages • Explain the tax system followed by Qatar , mention its advantages and disadvantages to Qatar. • Give examples of other countries • Critically Analyze further. 2. You should also then analyze the Qatar Taxation legislation and its implications. • Generic analysis on qatar tax laws • Add 10 Articles of Qatar Tax law and then analyse each of them • Analyse the implications of Qatar Tax Law on the government , people, economy, society etc. 3. Draw a comparison between the tax system of Qatar and two other countries. • Make a table and compare the Tax system and tax laws of Qatar and 2 other countries. (10 points) 4. You should be able to provide supported and justified recommendations on developing an effective tax system and legislation that meets key principles in a global context. • Outline what is effective tax system- mention the attributes of an effective tax system • Outline what tax laws are effective-mention the laws that make taxation effective across the globe. Example of countries can be quoted. • Give examples of countries that have effective tax systems and effective laws. • Justify what makes the tax system and tax law effective. • Give recommendations to the Ministry on how to make an effective tax system in Qatar- mention what could be implemented here in Qatar to develop an even more effective tax system and law. 5. Critically evaluate the impact of key legal and ethical constraints associated with tax law application on different types of organizations in Qatar. • Identify the different types of Organisations- give short explanation on each • Critically evaluate the impact of legal constraints (obligations) of tax on each of the types of organisations. You should make a judgement and support it with evidence. • Critically evaluate the impact of ethical constraints (obligations) of tax on each of the types of organisations. You should make a judgement and support it with evidence. 6. You should also provide supporting and justified recommendations with a range of international examples on minimizing the impact of legal and ethical constraints of tax responsibilities. • Outline how to minimize legal constraints of tax responsibilities. Quote international examples. • Outline how to minimize ethical constraints of tax responsibilities. Quote international examples. 7. Investigate taxation liabilities by exploring and explaining implications of taxation on both: · unincorporated and • Mention the different types of unincorporated organisations and their attributes • Mention the tax laws in Qatar associated with organisations other than companies. For eg: sole proprietorship • Explain these tax laws and also consider their impact · incorporated (public and private companies) organizations. • Mention the different types of incorporated organisations and their attributes • Mention the tax laws in Qatar associated with companies both public and private • Explain these tax laws and also consider their impact 8. Apply appropriate recognized model and formula to produce a hypothetical portfolio calculating and determining tax liability including late payments interest and penalties to interpret and analyze data correctly for: • Create the portfolio for Unincorporated organisation as below • Create the portfolio for incorporated organisation as below • Analyse the data on each of the portfolios. • Attach the TAX RETURN FORM · Unincorporated organizations and Eg: UNINCORPORATED ORGANIZATION- Sole proprietorship Particulars Amount Particulars Amount Discount allowed Bank charges Salaries Rent and taxes Rent outstanding General expenses Insurance (Less) insurance prepaid Bad debts (Add) New provision for bad debts (Less) Old provision for bad debts Interest on loan outstanding Gross profit Tax liability Net profit 0 100 000 Gross profit b/d Discount received Total And include the following portfolio: · incorporated organizations Eg-INCORPORATED ORGANIZATION Particulars Amount Particulars Amount Discount allowed Bank charges Salaries Rent and taxes Rent outstanding General expenses Insurance (Less) insurance prepaid Bad debts 1,500 (Add) New provision for bad debts (Less) Old provision for bad debts Interest on loan outstanding Net profit Gross profit b/d Discount received 100,000 Liabilities Accounts payable Short-term loans Income taxes payable 10% 10,000 Accrued salaries and wages Unearned revenue Current portion of long-term debt Total liabilities Other Liabilities Late payment penalty 2% 200 Late filing penalty 4,000 Failure to file penalty 0 Failure to file a tax return 0 Failure to file audited financial statements Total liabilities
