2022年6月ACCA考试F6税务大纲

2022年6月ACCA考试：F6税务大纲

StudyGuide

ATHEPRCTAXSYSTEM

1.Theoverallfunctionandpurposeoftaxationinamoderneconomy

a)Describethepurpose(economic,socialetc)oftaxationinamoderneconomy.

2.Differenttypesoftaxes

a)Identifythedifferenttypesoftaxes.

b)Explainthedifferencebetweendirectandindirecttaxation.

3.ThestructureofthePRCtaxsystem

a)DescribetheoverallstructureofthePRCnationalandlocaltaxsystem.

b)Describethedutiesandpowersofthedifferentlevelsoftaxbureau.

c)Statethedifferentsourcesoftaxlawandregulation.

d)AppreciatetheinteractionofthePRCtaxsystemwiththatofothertaxjurisdictions.

Excludedtopics

●TheOffshoreOilTaxationBureau

●LocalvariationsintheenforcementoftaxesindifferentpartsofChina

●Socialsecuritylevies/contributions

4.Taxavoidanceandtaxevasion

a)Explainthedifferencebetweentaxavoidanceandtaxevasion.

b)Explaintheneedforanethicalandprofessionalapproach.

BINCOMETAXONINDIVIDUALS

1.Thescopeofindividualincometax(IIT)

a)Describethescopeofindividualincometax(IIT).

b)Explainhowtheresidenceofanindividualisdetermined.

c)Understandthespecialprovisionsrelatingtoexpatriatesandtemporaryresidents.

d)ExplainthetaxtreatmentofincomefrombothChinaandoverseasoftaxresidents.

e)ExplainthetaxtreatmentofincomefromChinafortaxnon-residents.

Excludedtopics

●Overseas(no-PRCsource)incomeoftaxnon-residents.

2.Incomefromemployment

a)Recognisetheincomethatfallswithinthecategoryemploymentincome.

b)Distinguishbetweentheactivitiesthataretreatedasemploymentincomeandthosethatconstituteindividualserviceincom.

c)Recognisetheallowabledeductions.

d)Distinguishbetweenthebenefitsinkindwhicharetaxableandthosethatarenon-taxable.

e)Understandthetreatmentofannualbonusesandlongserviceawards.

f)Recognisewhenthetimeapportionmentbasiswillapplyinthecaseofexpatriateseniorexecutives.

Excludedtopics

●Foreignexpertsworkingforaidprojects

●Shareandshareoptionincentiveschemesforemployees

●Paymentsontheterminationofemployment,andotherlumpsumcompensationpaymentsreceivedbyemployees.

3.Incomefromprivately-ownedbusinessoperations

a)Recognisetheincomethatfallswithinthecategoryderivedfromproductionandbusinessoperationsbyprivate-ownedhouseholdenterprises.

b)Recognisethecostsandexpensesthatareandarenotdeductibleundertheactualbasisofcomputation.

c)Explainthetreatmentoflosses.

d)Explainthetreatmentofapartnership.

e)Explainthecircumstancesinwhichthedeemedtaxableincomemethodofcomputationwillapply.

Excludedtopics

●Agriculturaloperationsinvolvingplanting,breeding,husbandryandfishery.

4.Incomefromtheprovisionofcontractingandotherservices

a)Recognisetheincomethatfallswithinthecategoryderivedfromcontracting,sub-contracting,leasingorsub-leasingandapplytherelevantdeductions.

b)Recognisetheincomethatfallswithinthecategoryderivedfromtheprovisionofindividual(personal)servicesandapplytherelevantdeductions.

c)Recognisetheincomethatfallswithinthecategoryderivedfromthepublishingordistributionofworks(authorship,etc.)andapplytherelevantdeductions.

5.Property,investmentandothersourcesofincome

a)Recognisetheincomethatfallswithinthecategoryofroyaltiesandapplytherelevantdeductions.

b)Recognisetheincomethatfallswithinthecategoryofinterest,dividendsandbonuses.

c)Recognisetheincomethatfallswithinthecategoryofrentalincomederivedfromtheleasingofmoveableandimmovablepropertyandapplytherelevantdeductions.

d)Recognisetheincomethatfallswithinthecategoryofincomefromthesaleofmoveableandimmovablepropertyandapplytherelevantdeductions.

e)Recognisetheincomethatfallswithinthecategorycontingency(occasional)income.

Excludedtopics

●Exemptionsspecifictoforeignindividualsreceivingdividendorbonusincome.

6.Thecomprehensivecomputationoftaxableincomeandtaxliabilities

a)Distinguishincometaxedatprogressiveratesandincometaxedattheprescribedfixedrate.

b)Computethemonthlytaxpayablebyemployees,includinginsituationsinvolvingannualbonuses,dualemployment,timeapportionmentandworkingperiodsoflessthanamonth.

c)Computetheannualtaxpayablebyanindividualbusinessoperator,includinginsituationswhereafixedmonthly”Salary”ispaid.

d)Computetheannualtaxpayableinrespectofcontractingandleasingincome.

e)Computethefixedratetaxpayableonreceiptsofothercategoriesofincome.

f)Computethetaxcreditavailableinrespectofforeigntaxpaidonforeignincome.

Excludedtopics

●Specialreductionsoftaxallowedfortaxpayerswhoaredisabled,agedandunsupportedetc.

7.Theuseofexemptionsandreliefsindeferringandminimisingtaxliabilities

a)Recognisetheincomethatisexemptfromindividualincometax.

b)Explaintheexemptionavailableonthesaleofanindividualsfamilyresidence.

c)Explainandcomputethedeductionavailableforcharitabledonationsmadebyindividuals.

d)Identify,computeandapplytherightdeduction/reliefingivencircumstances.

C.INCOMETAXONENTERPRISES

1.Thescopeofenterpriseincometax(EIT)

a)Describethescopeofenterpriseincometax(EIT)andthebasisofassessmentforalimitedcompanyorrepresentativeoffice.

b)Definetheterms”placeofregistration”and”placeofmanagement”

Excludedtopics

●Liquidationincome

2.TheprofitschargeabletoEIT

a)RecognisegrossincomeforthepurposesofEIT,includingthetreatmentofdeemedsales.

b)Recognisethecostsandexpensesthataredeductibleandnon-deductibleincomputingtaxableincome.

c)Understandhowreliefforpre-commencementexpensesisgiven.

d)Capitalexpenditure

i)Distinguishbetweendepreciableandnon-depreciabletangiblefixedassets.

ii)Explainhowtheoriginalvalueoftangiblefixedassetsisdetermined.

iii)Computedepreciationallowancesfortangiblefixedassetsusingthestraightlinemethod.

iv)Explainhowtheoriginalvalueofintangibleassetsisdetermined.

v)Computeamortisationallowancesforintangibleassets.

e)Explainhowreliefforlossescanbeobtainedinthecurrentyearandbycarryforward.

f)Transactionswithassociatedparties:

i)Explainthe”armslength”principle.

ii)Recognisewhenatransferpricingadjustmentshouldapplyinrelationtothesale/purchaseofgoodsandservicesandcomputerelevantamounts.

iii)Recognisewhenarestrictionsonloaninterestpayableshouldapplyandcomputerelevantamounts.

g)ExplainthetaxconsequencesofdoingbusinessinChinathrougharepresentativeofficeorbranch.

Excludedtopics

●Thetreatmentofvalueappreciationresultingfromassetrevaluations

●Thecarryforwardoflossesafterthedivisionormergerofanenterpriseandonachangeofshareholding

●Thecarryforwardoflosseswhenreturnsarefiledonaconsolidatedbasis.

3.Thecomprehensivecomputationoftaxableincomeandtaxliability

a)Prepareacomputationoftaxableincomefromvarioussourcesandcomputethetaxpayable.

b)Explainandcomputethedeductionsavailablefordonationsforpublicwelfareorreliefandforculturalpurposes.

c)Computethetaxcreditavailableforforeigntaxpaidonforeignincome.

4.Taxincentives

a)Understandandapplythetaxincentiveswhicharetargetedatenterprisesengagedincertainindustries(e.g.agriculturalproject,cul