154-0565/01 – Seminar on Selected Issues in Tax Theory and Practice (SSITTP)
| Gurantor department | Department of Finance | Credits | 5 |
| Subject guarantor | Ing. Karolina Lisztwanová, Ph.D. | Subject version guarantor | Ing. Karolina Lisztwanová, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 2 | Semester | summer |
| | Study language | English |
| Year of introduction | 2015/2016 | Year of cancellation | 2021/2022 |
| Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
The aim of the course is to provide main information about taxes, tax principles, tax systems and tax policy with respect both in global terms and in terms of individual countries.
Students will be able:
- to define tax, tax functions, tax principles, tax classification, tax effect, tax incidence,
- to describe main characteristics of direct taxes and discuss its positives and negatives, to calculate tax liability of selected tax subject, to explain potential impact of changes of direct taxes to final tax liability,
- to describe main characteristics of indirect taxes, to explain differences between two types of these taxes and to calculate final tax liability,
- to describe differences between tax systems and tax policies in different country and explain essential part of tax harmonization process
Teaching methods
Tutorials
Summary
The course is focused on main type of taxes, tax system and tax policy in order to emphasize essential problems in this area, including an indication of principles of direct and indirect taxes and their harmonization within the EU. Attention is devoted not only to theoretical aspects of the issue, but also to practical application by solving individual exercises.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
There are no other requirements on students.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1.- 2.Tax, tax system, tax theory - basic terms (classification of taxes, tax principles, tax effect, tax incidence, tax policy). Examples of the determination of tax quota.
3.- 4.Personal income tax. Positives and negatives of PIT, history, taxpayer, tax rates in selected countries, calculation of tax liability, tax discounts, tax base, flat tax.Examples for practicing (final tax liability, effective tax rate, flat tax, sliding progression, tax splitting).
5.- 6.Corporate income tax. Positives and negatives of CIT, history, taxpayer, tax rates in selected countries, effective tax rate, tax base, calculation of tax liability.
7.- 8.Property taxes. Principles of property taxes, types of property taxes, positives and negatives.Real estate tax -basic characteristics and principles, tax base, tax subject, calculation, tax rate, tax rates in selected countries, tax on real estate transfer. Inheritance tax.
9. - 10.Consumption taxes - history, types of consumption taxes. Value added tax - basic characteristics, tax payer, way of calculation, positives and negatives, tax rates in selected countries, development of tax rates.
11. - 12.Rate of tax to sales price and effective tax rate at different levels of taxation, tax value according direct subtractive method and indirect subtractive method. Examples for practicing VAT.
13. - 14.Excise duty - main principles, calculation, positives and negatives, tax rates in selected countries.
15. - 16.Tax coordination and harmonization in European Union history of EU, main objectives of tax policy, levels of international cooperation in taxation.Harmonization of direct and indirect taxes.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction