Advanced Tax Law

The course aims to provide the student with knowledge and skills in applying tax rules and value-added tax rules, focusing on business activities, companies and corporate owners.

Knowledge: The student

• has a knowledge of the principles on which tax legislation is based
• has a knowledge of the tax consequences of discontinuing operations and liquidation of companies
• has a knowledge of which transactions and events related to ownership and equity may result in taxation
• has a knowledge of key rules for determining the basis for inheritance tax, calculating inheritance tax and determining the input value for tax purposes for the recipient in connection with intergenerational transfer
• has a knowledge of the rules for deductions in tax payable
• has a knowledge of the rules for calculating employers' National Insurance contributions
• has a knowledge of the tax payment system, tax and assessment administration
• has overall knowledge of tax planning, as well as knowledge of key rules for setting aside the declared basis, including knowledge of the boundaries between legal tax planning, ethically questionable tax avoidance and illegal tax evasion
• has a knowledge of legislation on value-added tax and inheritance tax related to business activities and companies

Skills: The student

• can determine which income is taxable and which expenses are deductible, and specify correct periods relating to business enterprises and self-employed persons
• can determine the basis for taxation of business owners: Owners of sole proprietorships, shareholders and participants in general partnerships, as well as calculate tax consequences of ownership/participation
• can calculate tax expense, tax payable and deferred tax for limited-liability companies
• can handle the conversion of a sole proprietorship (EPF) to a limited-liability company (AS) in the context of taxation
• can evaluate tax consequences of a transfer of business
• can evaluate an enterprise's situation in terms of value-added tax
• can handle common transactions in terms of value-added tax

General competence The student

• can apply legislation and regulations in dealing with tax issues
• can update and acquire new knowledge within tax law
• can convey key subject matter through relevant forms of expression
• can exchange points of view and experiences with other professionals
• can reflect on ethical issues within the course
• can see the course in a broader context from a societal perspective

Lectures, own work with the literature, sources of law and assignments.