Course detail
Income Tax: Legal Entity
FP-DPPOAcad. year: 2009/2010
The course is focused mainly on domestic tax, and the company income taxation system. The purpose of this course is to teach the basic terminology and methods used to set the tax base rates and the tax liability of corporations. The course is also focused on common provisions within the laws on Corporate Income Tax and Natural Person Income Tax together with other legal regulations and rules associated with these laws, which are necessary for setting the tax base rates for corporations.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
1. Active attendance at seminars where student will practise various different practical methods of calculating Tax.
2. Successful completion of a credit test – and a minimum 50 % completion of given coursework.
Conditions for passing an exam: Student has to demonstrate his/her knowledge acquired in the course and apply it in practice.
Form of examination: Combined – written exam followed by an oral examination if necessary.
Course curriculum
- Introduction to Corporate Income Tax (defining the basic terminology and individual types of corporations and also income tax assessment).
- Tax exemption and tax base (terminology, tax-deductible items, tax allowance)
- Expenditures on achievement, on reassurance and on maintaining income; non-deductible expenses.
- Long-term tangible and intangible assets (basic terminology; depreciation; joint ownership; non-depreciable assets; assets appreciation).
- Leasing (operative and financial leasing, basic terminology, advantages and disadvantages of leasing, conditions of leasing, requirements for contracts, termination of a contract before the maturity date).
- Special tax rate and temporary and concluding provisions.
- Non-profit organizations.
- Public companies and special partnerships.
- Syndicates.
- The income tax return.
The seminars will be focused on practising the lectured topics and elaboration of case studies (both individually and in teams).
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Zákon č. 40/1964 Sb. občanský zákoník v platném znění (CS)
Zákon č. 513/1991 Sb. obchodní zákoník v platném znění (CS)
Zákon č. 5463/1991 Sb. o účetnictví ve znění pozdějších předpisů (CS)
Zákon č. 586/1993 Sb o dani z příjmů fyzických a právnických osob ve znění p.p. (CS)
Recommended reading
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
- Introduction to Corporate Income Tax (defining the basic terminology and individual types of corporations and also income tax assessment).
- Tax exemption and tax base (terminology, tax-deductible items, tax allowance)
- Expenditures on achievement, on reassurance and on maintaining income; non-deductible expenses.
- Long-term tangible and intangible assets (basic terminology; depreciation; joint ownership; non-depreciable assets; assets appreciation).
- Leasing (operative and financial leasing, basic terminology, advantages and disadvantages of leasing, conditions of leasing, requirements for contracts, termination of a contract before the maturity date).
- Special tax rate and temporary and concluding provisions.
- Non-profit organizations.
- Public companies and special partnerships.
- Syndicates.
- The income tax return.
The seminars will be focused on practising the lectured topics and elaboration of case studies (both individually and in teams).
Exercise
Teacher / Lecturer