154-0565/02 – Seminar on Selected Issues in Tax Theory and Practice (SSITTP)

Gurantor departmentDepartment of FinanceCredits5
Subject guarantorIng. Karolina Lisztwanová, Ph.D.Subject version guarantorIng. Karolina Lisztwanová, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year2Semestersummer
Study languageEnglish
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
LIS10 Ing. Karolina Lisztwanová, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit 0+4

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:

JAMES, S. R. a Ch. NOBES. The economics of taxation: principles, policy and practice. 13th ed. Birmingham: Fiscal Publications, 2013. 328 p. ISBN 978-1-906201-22-7. MUSGRAVE, R. A. a P. B. MUSGRAVE. Public Finance in Theory and Practice. 5th ed. McGREW-Hill book Company, New York, 2004. 627 p. ISBN 978-00-70596-93-1. LANG, M., P. MELZ a E. KRISTOFFERSSON. Value added tax and direct taxation: similarities and differences. 1st ed. Amsterdam: IBFD, 2009. 1296 p. ISBN 978-90-8722-060-0.

Recommended literature:

SCHELLEKENS, M. European Tax Handbook 2015. 26th ed. Amsterdam: IBFD, 2015. 1044 p. ISBN 978-90-8722-313-7. SCHENK, A. a O. OLDMAN. Value added tax: a comparative approach. 1st ed. Cambridge: Cambridge University Press, 2007. 532 p. ISBN 978-0-521-61656-0. LANG, M., P. MELZ a E. KRISTOFFERSSON. Value added tax and direct taxation: similarities and differences. 1st ed. Amsterdam: IBFD, 2009. 1296 p. ISBN 978-90-8722-060-0.

Way of continuous check of knowledge in the course of semester

Zápočet - příklady a teorie

E-learning

Další požadavky na studenta

There are no other requirements on student.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Main aspect of taxation of market economy. Main tax terms, structural elements of taxation, tax classification. Fiscal policy, its role and instruments. Role of taxation in fiscal policy, main aspects of tax instruments. 2. Effectiveness of taxation. Income and substitution tax effect, tax incidence. Tax system, its aim and limits. Changes of tax policy during last economy crisis. 3. Personal income tax. Positives and negatives of personal income tax, taxpayers, tax object, tax rates of selected countries, calculation of tax liability, tax discounts, tax base, tax maturity, flat tax and tax progression. 4. Corporate income tax. Positives and negatives of corporate income tax, tax subjects, tax object, tax base, tax rates of selected countries, calculation of tax liability, tax allowances, tax maturity. 5. Property taxes. Principles of property taxes, types of property taxes,their positives and negatives, tax base, tax subjects, tax object, tax rates, tax maturity.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. 6. Consumption taxes - history, types of consumption taxes, main differences between individual types of consumption taxes. 7. Value added tax - basic characteristics, tax subjects, way of calculation, tax rates of selected countries,tax maturity. 8. Excise duty - main principles, tax subjects, tax object, calculation of tax liability, tax rates, tax maturity. Tax coordination and harmonization in the European Union, main objectives of tax policy, levels of international cooperation in taxation. Harmonization of direct and indirect taxes.

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit Credit 85 (85) 85
        Zápočtová písemka Written test 85  85
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (N0412A050005) Finance P English Ostrava 2 Compulsory study plan
2019/2020 (N0412A050005) Finance P English Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner