- Title
- A comparative analysis of the taxation of lease transactions in South Africa, Australia, and Nigeria
- Creator
- Galada, Khayalethu
- Subject
- Tax accounting -- South Africa
- Subject
- Tax accounting -- Australia
- Subject
- Tax accounting -- Nigeria
- Subject
- Taxation -- South Africa Taxation -- Australia Taxation -- Nigeria Accounting
- Date Issued
- 2021-04
- Date
- 2021-04
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/51428
- Identifier
- vital:43274
- Description
- This treatise compared the tax treatment of lease transactions in South Africa, Australia, and Nigeria from both the lessor and lessee perspective. The analysis revealed that there are similarities and differences in the tax treatment of lease transactions between South Africa, Australia, and Nigeria. In particular, one major difference was that unlike Nigeria, South Africa and Australia have not aligned the income tax treatment of lease transactions with the accounting treatment of lease transactions in terms of IFRS 16. Consequently, the research concludes that certain parts of the tax treatment of lease transactions in South Africa may be deemed to be inadequate as a result of the misalignment between the income tax and accounting treatment of lease transactions and the inconsistency between the income tax and VAT treatment of lease transactions. This research proposes that the South African income tax treatment of lease transactions be revised by aligning the income tax treatment of lease transactions with the accounting treatment of lease transactions for simplicity purposes, and that the inconsistency between the income tax treatment and the value-added tax of lease transactions be eliminated.
- Description
- Thesis (MCom) -- Faculty of Business and Economic Sciences, Accounting, 2021
- Format
- computer
- Format
- online resource
- Format
- Format
- 1 online resource (62 pages)
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
- Hits: 1907
- Visitors: 3873
- Downloads: 5192
Collections
NMU School of Accounting
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Galada, K.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |