Public Finance and Taxation
About This Course
As a course, Public Finance is the study of public sector economics. The term Public Finance has traditionally been used or applied to the packages of those policy problems, which involve the use of tax and expenditure measures. It is about the revenue, expenditure and debt operations of the government and the impact of these measures to the society. Public Finance is, therefore, about fiscal institutions, that is the tax systems, expenditure programs, and budget procedures, stabilization instruments, debt issues, level of government etc.
Taxation is a study of how the government imposes on and collects taxes from, the income and wealth of individuals and corporations to finance its social and regulatory activities. The study of taxation usually covers the entire tax system which is made up of Tax policy, law and administration.
Curriculum
23 Lessons60h
PUBLIC FINANCE
Lesson One: Public Finance00:00
Lesson Two: Similarities and Differences between Public Finance and Private Finance00:00
Lesson Three: Functions of Modern Government00:00
Lesson Four: Components of Public Finance00:00
Lesson Five: Role of Fiscal Policy- Its Significance to Business Economy in Developing Countries00:00
Lesson Six: Sources of Government Revenue and Reasons why the Government impose taxes00:00
Lesson Seven: PRINCIPLES OF TAXATION (Adam Smith’s Cannon of Taxation)00:00
Lesson Eight: Economic Stabilization00:00
TAXATION
The course is an introduction of the tax law in Kenya.
It introduces learners to the concepts and principles that underpin tax and aims to give a broad and wide understanding of tax law.