Corporate Tax Practice Exam

Corporate Tax Practice Exam

About Corporate Tax

The term "corporate tax," sometimes known as "corporation tax" or "business tax," refers to a type of direct tax levied against the profits or assets of companies or other similar legal entities. These taxes are common in many nations, and they could also be levied at the state or local levels.

Corporate tax compliance has gained immense popularity across the globe resulting in huge demand for certified professionals.

Why is Corporate Tax important?

For business owners, paying corporation taxes may be preferable to paying additional individual income taxes. Medical insurance for families is deducted from corporate tax returns along with other perks like retirement programs and tax-deferred trusts. Losses may be written off more easily for corporations as well.

Corporate tax certified professionals, executives and managers are in high demand in companies across the globe.

Who should take the Corporate Tax Exam?

• Business managers and executives
• Financial Advisor
• Certified Public Accountant
• Auditor
• Corporate Tax Manager
• Forensic Accountant
• Attorney
• This is good for those with experience in Taxation, Accounting, and Finance.

Knowledge and Skills required for the Corporate Tax

Candidates gain quick success in career of corporate tax if they have skills of critical thinking and good communication skills.

Corporate Tax Practice Exam Objectives

Corporate Tax exam focuses on assessing your skills and knowledge in taxation.

Corporate Tax Practice Exam Pre-requisite

There are no prerequisites for the Corporate Tax exam. Candidates who are well versed  in taxation can easily clear the exam.

Corporate Tax Certification Course Outline

1. Corporate Tax: Formation & Structure
2. Corporate Tax: Life Cycle Strategies
3. Corporate Tax: Attributes & Operational Considerations
4. Partnership Taxation
5. Consolidated Tax Returns
6. International Tax: Special Topics
7. Taxation of Subchapter S Corporations
8. State and Local Taxation
9. Federal Tax Research: Individuals
10. Federal Tax Research: Corporations
11. Accounting for Income Taxes

Exam Format and Information

Certification name – Certificate in Corporate Tax
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199