154-0567/01 – Taxes of economic subjects (TESa)

Gurantor departmentDepartment of FinanceCredits4
Subject guarantorIng. Karolina Lisztwanová, Ph.D.Subject version guarantorIng. Karolina Lisztwanová, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year3Semesterwinter
Study languageEnglish
Year of introduction2016/2017Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
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 and Examination 2+1

Subject aims expressed by acquired skills and competences

The aim of the course is to provide basic information on taxes, tax systems, tax principles, the essence of tax incidence, tax policy, including the substance of direct and indirect taxes.

Teaching methods

Lectures
Tutorials

Summary

The course is focused on providing basic information about tax policy, tax systems, tax principles, tax incidence, including the main aspects of direct and indirect taxes. The exercises are focused on the practical application of the issue by solving specific problems.

Compulsory literature:

JAMES, S. R. and 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. and 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. MUSGRAVE, R.A. and MUSGRAVE, P.B.: Public Finance in Theory and Practice. McGREW-Hill book Company, New York, 1998

Recommended literature:

LANG, M., P. MELZ and E. KRISTOFFERSSON. Value added tax and direct taxation: similarities and differences. 1st ed. Amsterdam: IBFD, 2009. 1296 p. ISBN 978-90-8722-060-0. SCHELLEKENS, M. European Tax Handbook 2015. 26th ed. Amsterdam: IBFD, 2015. 1044 p. ISBN 978-90-8722-313-7. SCHENK, A. and O. OLDMAN. Value added tax: a comparative approach. 1st ed. Cambridge: Cambridge University Press, 2007. 532 p. ISBN 978-0-521-61656-0. JAMES,S. and NOBES,Ch.: The Economics of Taxation: Principles, Policy and Practice. Birmingham: Fiscal Publications, 2010 CNOSSEN, SIJBREN, ed. Theory and practice of excise taxation: smoking, drinking, gambling, polluting, and driving. Oxford: Oxford University Press, 2005. Global corporate tax handbook 2013. Amsterdam: IBFD, c2013.

Way of continuous check of knowledge in the course of semester

E-learning

Další požadavky na studenta

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Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1.Introduction, requirements for credit, recommended literature. Fiscal policy, its roles and instruments, a position of taxation in fiscal policy and tax instruments (a discretionary measure and a built in stabilizer and their impact on the most important items). 2.Tax system, tax policy, tax classification, main terms connected with taxation. Tax object, tax subject, tax base, tax allowance, tax liability, tax planning, tax avoiding, tax evasion, tax declaration. 3.Taxation efficiency (an escessive tax burden), incentives (a forward and backward transfer) and equity (a benefit principle and a payment ability principle). 4.Personal income tax. Positives and negatives of PIT, its history, taxpayer, tax rates in selected countries, determining of tax liability, tax discounts, tax base, flat tax, sliding progression, tax splitting. 5.Corporate income tax. Positives and negatives of CIT, its history, taxpayer, tax rates in selected countries, effective tax rate, tax base, determining of tax liability, differences between items reducting tax base and tax credits. 6.Property taxes. Principles of property taxes, types of property taxes, positives and negatives. Real estate tax. Basic characteristics and principles, tax base, tax subject, determining, tax rate, tax rates in selected countries, tax on real estate transfer. Inheritance tax. 7.Consumption taxes. Their history, types of consumption taxes (turnover tax, VAT, excesive tax), tax subject, tax object, way of determining of tax liability. 8.Value added tax. Main characteristics, tax payer, payer of tax, way of calculation, positives and negatives, tax rates in selected countries, development of tax rates, delivery of goods and export, acquisition of goods and import, provision and adoption services, reverse charge. 9.Excise taxes. Main principles, calculation, positives and negatives, tax rates in selected countries. Tax coordination and harmonization process in the European Union, main objectives of tax policy, levels of international cooperation in taxation. 10.Tax coordination and harmonization. Coordination, approximation, levels of harmonization, negatives of harmonization. Harmonization of direct and indirect taxes.

Conditions for subject completion

Full-time form (validity from: 2016/2017 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 25 (25) 18
                Credit test Written test 25  18
        Examination Examination 75  33
Mandatory attendence parzicipation: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty
2019/2020 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 3 Compulsory study plan
2018/2019 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 3 Compulsory study plan
2017/2018 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 3 Compulsory study plan
2016/2017 (B6202) Economic Policy and Administration (6202R010) Finance P English Ostrava 3 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner