Chapter 1 - An Introduction to Tax
An Introduction to Tax
[LO1] Jessica’s friend Zachary once stated that he couldn’t understand why
someone would take a tax course.
Why is this a rather naïve view?
[LO1] What are some aspects of business that require knowledge of taxation?
What are some aspects of personal finance that require knowledge of taxation?
How should the business distribute profits to its owners?
[LO1] Describe some ways in which taxes affect the political process in the