Since the legal systems in Macao (continental statute law) and Hong Kong (common law) are different, their tax laws also stem from different legal traditions. Furthermore, from an accounting point of view, taxation requires thorough understanding of the tax articles and ordinances and the ability to synthesize the conceptual knowledge into tax accounting applications. Therefore, the aim of this course is to provide a strong foundation for the understanding of the legal and tax systems of the two places so as to equip students with the conceptual and practical as well as computational skills applied to real life business cases.

CILO-1: Use tax principles, ordinances, and precedents to critically evaluate individual cases. CILO-2: Make a critical evaluation and comparison of the ways similar income and expense items are treated under two different legal frameworks, namely the common law and the continental statute law systems. CILO-3: Determine assessable income through performing tax computations combining with legal concepts and supporting references. CILO-4: Present flows of thoughts in a logical and lucid manner.