154-0565/02 – 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 | 2019/2020 | Year of cancellation | |
| 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
Participation in the lectures is optional and is finished with a credit test containing theory and case studies.
E-learning
Other requirements
There are no other requirements for the 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
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
Předmět neobsahuje žádné hodnocení.