154-0367/02 – Taxes of Economic Subjects (DES)
| Gurantor department | Department of Finance | Credits | 6 |
| Subject guarantor | Ing. Iveta Ratmanová, Ph.D. | Subject version guarantor | Ing. Iveta Ratmanová, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 3 | Semester | winter |
| | Study language | Czech |
| Year of introduction | 2019/2020 | Year of cancellation | |
| Intended for the faculties | EKF | Intended for study types | Bachelor |
Subject aims expressed by acquired skills and competences
The aim of the course is to provide basic survey of the tax system of the Czech Republic.
Students will be able:
- to define tax and tax system, classify taxes according to selected criterions and explain function of taxes,
- to define structure of tax system in the Czech Republic and characterize taxes of tax system in the Czech Republic,
- to find potential impact of economic transactions on tax liability of given subjects,
- to determine key variables having impact on tax liability of a given tax subject,
- to calculate the tax liability for given subjects and under given conditions.
Teaching methods
Lectures
Tutorials
Summary
The course is based on the characteristics of the current tax system of the Czech Republic. Within the framework of this course students are acquainted with the issue of taxes of selected economic subjects. Individual taxes are explained to students, with particular emphasis on defining the subject of the tax, determining the tax base and calculating the tax, including other duties related to the assessment of the tax. Particular attention is paid to introduction to tax issues, tax administration, direct income taxes (personal income tax and corporate income tax), direct property taxes (road tax and real estate tax ) and indirect taxes on consumption (value added tax, excise and energy tax).
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
Písemný zápočtový test a kombinovaná zkouška (písemná a ústní část)
E-learning
Other requirements
There are no other requirements on student.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Introduction to tax issues - basic concepts, tax classification, tax development, taxation goals and principles, tax system of the Czech Republic.
2. Tax administration (tax code) - principles of tax administration, tax administrator, general tax administration provisions, finding procedure.
3. Tax Administration (Tax Code) - Management and other procedures, remedies, paying and collecting taxes.
4. Personal income tax - taxpayers, subject of tax, tax exemption, tax base, income from employment.
5. Personal income tax - income from independent activity, income from capital property, rental income, other income.
6. Personal income tax - non-taxable part of tax base, tax calculation, tax credit, special provisions for income tax collection
7. Corporate income tax - taxpayers, subject of tax, tax exemption, tax base, adjustment of earnings before tax to tax base.
8. Corporate income tax – tax deductible expenses, items reducing tax base, tax reliefs, calculation of tax liability, corporate income tax return.
9. Real estate tax - subject to tax, tax exemption, taxpayer, tax base, tax calculation, tax period, tax return and tax due.
10. Road tax - subject of tax, tax exemption, taxpayer, tax base, tax calculation, tax period, tax return and tax maturity.
11. Value added tax - definition of basic terms, harmonization of EU consumption tax, subject of tax, tax subjects, place of performance, (taxable) performance.
12. Value added tax - tax base, tax rates, exempt transactions without tax deduction, exempt transactions with the right to deduct, right to deduct.
13. Value added tax - acquisition of goods from another Member State, dispatch of goods, import and export - substance of taxation, tax period, tax return, control report and tax maturity
14. Gambling tax. Excise duties - mineral oil tax, alcohol tax, beer tax, wine tax and intermediate tax, tobacco tax. Energy taxes - tax on natural gas and some other gases, tax on solid fuels, tax on electricity.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction