 | Study programme 2019-2020 | Français | |
| Taxation - VAT & Corporation Tax 1 | |||
Learning Activity |
| Code | Lecturer(s) | Associate Lecturer(s) | Subsitute Lecturer(s) et other(s) | Establishment |
|---|---|---|---|---|
| W-FPFI-020 |
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| Language of instruction | Language of assessment | HT(*) | HTPE(*) | HTPS(*) | HR(*) | HD(*) | Term |
|---|---|---|---|---|---|---|---|
| Français | Français | 30 | 0 | 0 | 0 | 0 | Q2 |
| Organisational online arrangements for the end of Q3 2019-2020 assessments (Covid-19) |
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| Description of the modifications to the Q3 2019-2020 online assessment procedures (Covid-19) |
| Remote written exam. All VAT topics have to be studied. As far as corporate tax is concerned, you have to study the theory. |
Content of Learning Activity
The VAT & ISOC 1 course will address the first basic concepts of VAT (scope, tax base, category of taxable persons, obligations, right to deduct) and further develop the corporate tax. This course will thus enable students to master the general principles of tax law, determine the corporationtax result (based on the accounting result) and the tax costs (from the different accounting or financial choices made), evaluate the tax risks of his company, to make financial decisions with a view to tax optimization in all legality (while also keeping in mind, from a financial point of view, the choices of investment and financial management decisions ), find the tax information in the income tax code (ITC92) or the code on value added tax (VAT) in a context of national taxation. Students will also be confronted with the risks in case of tax audit and how to apprehend them. Students should ideally have as a prerequisite accounting (tax principle 'primacy of accounting law on tax law except where the tax law expressly derogate') and personal income tax (Article 183 of the ITC92).
At the end of the course, students will be able to determine the corporation tax result, perform a tax analysis of the financial statements of a company, identify tax opportunities and control tax risks that revolve around taxation. They will be aware of the particularities of the categories of VAT-liable persons and the specific rules on the location of services or intra-Community supplies / acquisitions of goods. Many links with finance and operational management of a company will be exposed during the sessions.
Required Learning Resources/Tools
- Slides; - Written note; - Income tax code and VAT code;
Recommended Learning Resources/Tools
Not applicable
Other Recommended Reading
Not applicable
Mode of delivery
- Face to face
Type of Teaching Activity/Activities
- Cours magistraux
- Conférences
Evaluations
The assessment methods of the Learning Activity (AA) are specified in the course description of the corresponding Educational Component (UE)