Objectives of Programme's Learning Outcomes

• Mobilise expertise in at least one area of management.
• Master the principal decision-making processes of a company.
• Mobilise acquired skills in a specific professional environment.
• Contribute to the development of innovative tools and solutions.
• Professionally communicate and present original work both orally and in writing.
• Conduct scientific reasoning on complex or innovative management issues.
• Act in an international and multicultural context.
• Assimilate the components of the social and economic environment of a company.
• Prioritise responsible management practices.
• Innovate in the development of methodologies and tools for analysis and decision-making in management.
• Refer to ethical principles and apply ethical codes specific to management sciences to their own behaviour.
• Act in compliance with specific legislative frameworks.
• In an active and integrated manner, master knowledge in the various fields of management and use them effectively in a professional context.
• Integrate highly specialised knowledge in different fields of management.
• Appropriately mobilise expertise taking into account the constraints and resources in the situation encountered.
• Understand interactions between companies and their socio-economic environments.
• Master and appropriately mobilise knowledge and methodological approaches to understand and explain interactions between companies and their environment.
• Assimilate the components of the social and economic environment of a company.
• Mobilise the methods and management support tools in changing contexts.

Learning Outcomes of UE

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 corporation tax 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 payers and 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.

Content of UE

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 corporation tax 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 payers and 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.

Prior Experience

- Basic knowledge of civil law and commercial law; individual income taxation. - Accounting and financial statement analysis; - Personal income tax.

Type of Assessment for UE in Q2

• Written examination

Q2 UE Assessment Comments

Written examination through multiple choice form and open questions

Type of Assessment for UE in Q3

• Written examination

Q3 UE Assessment Comments

Same evaluation method as for Q2