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Seminar on Selected Issues in Tax Theory and Practice

Type of study Follow-up Master
Language of instruction English
Code 154-0565/02
Abbreviation SSITTP
Course title Seminar on Selected Issues in Tax Theory and Practice
Credits 5
Coordinating department Department of Finance
Course coordinator Ing. Karolina Lisztwanová, Ph.D.

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.

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.

Advised 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.