154-0567/02 – 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 introduction2019/2020Year 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

Příkladový zápočet, 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. Main aspect of taxation in case of market economy. Main concepts of taxation. Structural elements of taxation, tax classification. 2. Fiscal Policy, its role and instruments. Role of taxation, characterization of tax instruments. 3. Effectiveness of taxation. Income and substitution tax effect, tax incidence. 4. Tax system, its aims and limitations. Aims of tax policy. Changes of tax policy during economy crisis. 5. Personal income tax, its positives and negatives, tax subjects, tax objects, elements determining tax liability, tax base, tax allowances, tax maturity, tax progression. 6. Corporate income tax and its theoretical aspects. Tax subject, tax object, elements determining tax liability, tax base, tax allowances, tax rates, tax maturity. 7. Property taxes and their main characteristics. Types of property taxes. Real estate transfer tax - tax object, tax subjects, determining of tax liability, tax rates, tax maturity. 8. Real estate tax - main characteristics and principles. Tax subjects, assessing of tax liability, tax base, tax allowances, tax rates, tax maturity. 9. Consumption taxes. Types of consumption taxes, their main characteristics, and individual differences. 10. Value added tax. Its main characteristics, tax subjects, tax object, determination of tax liability, tax maturity. 11. Excise taxes, main principles, tax subjects, tax object, tax base, tax rates, tax maturity. 12. Tax coordination and tax harmonization in the European Union, its main objectives, influence on tax policy of individual countries. 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 and Examination Credit and Examination 100 (100) 51
        Credit Credit 25 (25) 18
                Zápočtová písemka Written test 25  18
        Examination Examination 75  33
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (B0412A050006) Finance FIP P English Ostrava 3 Compulsory study plan
2019/2020 (B0412A050006) Finance FIP P English Ostrava 3 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner