117-0335/03 – Indirect Taxes B (NDB)
Gurantor department | Department of Accounting and Taxes | Credits | 4 |
Subject guarantor | prof. Ing. Tomáš Tichý, Ph.D. | Subject version guarantor | Ing. Kateřina Krzikallová, Ph.D. |
Study level | undergraduate or graduate | Requirement | Compulsory |
Year | 1 | Semester | winter |
| | Study language | Czech |
Year of introduction | 2009/2010 | Year of cancellation | 2020/2021 |
Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
1. To intensify the basic knowledge of VAT principles application.
2. To describe the application of VAT in specific cases including the practical application.
3. To clarify the essential connection of Czech VAT Tax Act to The Council Directive on the common system of value added tax.
4. To intensify the knowledge of consumption and energy taxes including their practical application.
Teaching methods
Lectures
Summary
The aim of the course is to deepen the knowledge of value added tax, excise duties and energy (ecological) taxes and their practical application. The principles of application of these taxes in the Czech Republic, in relation to other EU Member States and third countries, including specific cases.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
Additional requirements for the student were not determined.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Summary of basic rights and obligations of the payer. Differences of rules for applying VAT in the Czech Republic, the EU and in relation to third countries.
2. Types of commercial agreements and their relation to VAT.
3. Hiring out of movable and immovable property. Maintenance, repair and technical enhancement made by the lessee on leased property. Fixed assets and VAT deduction adjustment.
4. Application of VAT in the building industry. Housing construction and buildings for social housing. Transfer of buildings and land.
5. Correction of taxable amount and tax. Adjustement of deductions. Tax documents. Showing corrections to the VAT return.
6. Supply and acquisition of goods within the EU in specific cases. Transfer of business assets to another Member State. Forwarding of goods. Supply and acquisition of new means of transport.
7. Supply of services within the EU and third countries including specific cases. The reverse charge for taxable transactions with a place of supply in the Czech Republic.
8. Application of VAT on importation and exportation of goods.
9. Special arrangements.
10. VAT refunds in the Czech Republic and other Member States. Basic information about registration of Czech VAT payers in other Member States.
11. VAT administration. Registration and deregistration. Managing VAT. Registration and deregistration. Penalties for failure to meet obligations under the VAT Act. Taxable period. Deadlines for tax payment and refund of excess VAT deduction. Reprehensive proceedings.
12. The liability for unpaid tax. A special way to ensure tax. VAT return. Records for VAT purposes in connection with the VAT returns, Recapitulative statements and Intrastat. Corrective and additional tax return.
13. The VAT Act valid in the Czech Republic in relation to the Council Directive on the common system of VAT. European Court of Justice case law.
14. Application of excise and energy taxes on individual commodities. The subject of tax, tax rates, tax calculation, tax returns.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction