Taxation

BACHELOR’S DEGREE (B. Sc) PROGRAMME
IN TAXATION.
JUSTIFICATION FOR THE PROGRAMME
There is a general lukewarm attitude by taxpayers toward tax compliance in Nigeria. Adequate tax education and manpower to promote tax practice and administration are also lacking. Education of taxpayers and other stakeholders in tax matters especially with the introduction of self assessment tax regime is necessary because it will assist them to know about tax laws. Furthermore, it will provide them an opportunity to become aware of the benefits and services the states provide to its citizens from tax revenue. Moreover, one of the reasons for the endowment of a professorial chair of taxation by Federal Inland Revenue Service (FIRS) in the Department of Accounting, University of Benin, was for the Department to run a Bachelor Degree and Post Graduate Programmes in Taxation in order to provide the needed skilled and professional manpower in Taxation.
It is against this background that B.Sc degree in Taxation is expedient to advance the knowledge and provide the required high level manpower in tax practice and administration.
PHILOSOPHY
Taxation remains a major fiscal policy instrument available to governments to regulate the economy. The degree programme in Taxation will equip students with necessary knowledge in tax practice and administration as well as the formulation of tax policy with a view to enhancing economic growth and development at both national and international levels.
OBJECTIVE OF THE PROGRAMME
The main objective of B.Sc degree in taxation is to produce high level taxation
manpower and contribute through researches and publications towards the
growth of taxation knowledge. Furthermore, the Programme hopes to achieve
an improvement in the level of fiscal policy formulation in Nigeria and at the
international level
ADMISSION REQUIREMENTS
(A) Admission Requirements for the four year programme:
(i) West African school certificate or its approved equivalent with
credit passes in at least five subjects which should include English
Language, Mathematics and Economics (obtained in not more than
two sittings) or equivalent (credits) passes in the General
Certificate of Education at the Ordinary Level (also obtained in not
more than two sittings), or equivalent credit, merit passes in
English and Mathematics at the Teachers Grade II certificate or
General certificate of education ordinary level in the same subjects.
(ii) The joint matriculation examination subjects are:
English Language
Mathematics
Economics
Plus any other subject
B. Admission Requirement for the three year programme
(I) Requirement in A(1) ABOVE
PLUS
Two subjects at the GCE A/L or HSC, one of which should be
Accounting and the other either Economics or Business
management.
In exceptional cases, the following qualifications may also be considered.
(ii) Requirement in A(I) plus
A complete pass in the intermediate examination of the
Chartered Institute of Taxation of Nigeria or Institute of
Chartered Accountants of Nigeria or of any other equivalent
professional accounting body, or
(iii) Requirement in (I) plus
Passes in all parts of the Associateship Examination of the
institute of Bankers or
(iv) Requirement in (I) plus
The ordinary National Diploma in Taxation or any relevant
subject (passed with minimum average of upper credit) from a
recognized State or Federal Polytechnics or College of
Technology.
(v) Requirement in (I) plus
The Diploma in Accounting/Banking and Finance, and any
other related area with a minimum credit pass from the
University of Benin or any other recognized University.
(vi) A Higher National Diploma in any relevant subjects with a
minimum of credit pass awarded by a recognized State,
Federal, Polytechnic or College of Technology.