VAT - CPA Pakistan


Diploma in UAE and GCC taxation (G-Tax)

Course objective

To provide corporate professionals thorough knowledge and understanding about the theoretical and practical aspects of UAE and GCC taxation system and application. .

Learning  Outcomes

  • Understand and explain the framework and role of taxation in a contemporary business environment.
  • Use the relevant laws and regulations to explain the theoretical aspects of UAE and GCC taxation.
  • Apply the relevant facts and figures to demonstrate the financial aspects of UAE and GCC taxation.
  • Able to handle operational aspects of UAE and GCC taxation.
  • Able to deal with different taxation and their respective tax authorities of respective GCC country.

Syllabus  Contents
Section  One
  • Meaning, features and importance of modern taxation.
  • Classification of tax and their applicability in various sectors of the economy.
  • Principles of global taxation and their merit and demerits.
  • Fiscal policy, its tools and importance for the growth and development of an economy.
  • Legal and ethical constraints towards the implementation of a taxation system.

Section  Two
Theoretical aspects of UAE/GCC taxation
  • Meaning, need and importance of values added tax.
  • Salient features of UAE/GCC value added tax.
  • Impact of value added tax on individuals, households and businesses.
  • Terminologies used in value added tax system.
  • Working and application of value added tax.

Section  Three
Financial Aspects of UAE/GCC Taxation
  • Documentary evidences in taxation.
  • Disclosure requirements with reference to taxation.
  • Tax accounting, reporting, and valuation of supplies.
  • Costing, pricing, and discounting in taxation.
  • Adjustments required in taxation, bad debts and its impact on profitability.

Section  Four
Operational aspects of UAE/GCC taxation
  • Filing of returns and payments.
  • Errors and their rectification in taxation.
  • Tax audits, refunds and recoveries.
  • Penalties, offences and contesting decisions.
  • Application and implication of taxation on various types of entities.

Section  Five
Dealing with different taxation and their respective tax authorities
  • Application of custom and excise duty and other taxation.
  • Dealing with federal and state tax authorities in operational matters electronically.

  Time Duration

duration of diploma one (1) moth with fifty (20) hours of extensive coaching and training covering the qualitative as well as quantitative aspects of taxation.

Study Grid
Section Weightage Learning hours Number of lectures
One 20% 4 hours 1 lecture
Two 20% 4 hours 1 lecture
Three 20% 4 hours 1 lecture
Four 20% 4 hours 1 lecture
Five 20% 4 hours 1 lecture including revision
Total 100% 20 hours 5 lectures
Examination   and   Evaluation
Dealing with different taxation and their respective tax authorities
  • There will be a hundred (100) marks examination.
  • The duration of the examination will be three (3) hours.
  • The mode of examination will me multiple-choice questions (MCQ’s).
  • The candidates will be required to answer fifty (50) multiple-choice questions within the stipulated time.
  • The overall pass marks of the diploma is sixty (60) percent.
  • The examination will be online on quarterly basis.
  • The examination will be conducted on the following proposed dated every year.

Examination Proposed date
First examination April 15
Second examination July 15
Third examination October 15
Fourth examination January 15
Note: These dates are subject to change in case of any public holiday.
Fee   Structure
The fee structure of the diploma is as follows:
Description Amounts in PKR
Registration fee 15,000/-
Examination fee 5,000/-
Total PKR 20,000/-
Eligibility   Criteria
  • Bachelor degree holder in management science and above with no experience.
  • Below bachelor degree with at least one year experience of accounting and/or finance .
Reading   Material
  • Tax laws and regulations of respective GCC country.
  • Study notes of CPA-Pakistan (ICPAP) on taxation..