Taxation

Teaching results

• Upon successful completion of the course, students will have a comprehensive view of the use of taxes as an important tool of economic policy of the state.
• Students will be able to use basic procedures for calculating the tax liability of natural and legal persons.
• Students will understand the basic knowledge and context not only in the field of economics with a focus on finance, banking, and insurance, but also economic, social and regional policy, public and corporate finance and tax theory and policy.
• Students will have the ability to process empirical analyzes and forecasts using mathematical-statistical apparatus and methodological procedures.
Upon successful completion of this course, students will be able to:
Knowledge:
a / understand that the process of assessment and collection of taxes is governed by certain rules - tax principles, respectively principles.
b / understand that the adoption of measures in the field of taxation is closely connected with the applied economic policy of the state,
c / understand the basic procedure of personal income taxation, adjustment of the tax base and the final tax liability of natural persons,
d / assess the tax aspect of the deductibility / non-deductibility of the expense (cost) in connection with the determination of the physical tax base, respectively legal person,
e / apply the basic mechanisms for determining the tax liability of property taxes as well as motor vehicle taxes.
f / understand and apply the VAT mechanism in tax practice - in the country, in the EU as well as
in contact with third countries,
g / use a professional conceptual apparatus and master basic tax skills,
h / understand the basic principles and procedures of taxation of goods subject to excise duties.
ch/ to acquire and understand essential facts, concepts, principles, and theories related to the functioning of the national economy, public and business finance, taxes, the banking and insurance sectors.
Competences:
a / make proper use of specific technical terms used in the field of tax theory and policy,
b / master general knowledge and skills in the field of taxation to create a precondition for students to acquire further cognitive and individual knowledge,
c / to create a theoretical and application basis for the dissemination of knowledge in the field of all taxes to students at the 2nd level of study, will be implemented by specialized subjects taught in the specialization Taxation.
d / ability to take a critical look at the implemented procedures and to further develop the professional aspects of one is social and working life,
e / the ability to adopt a culture of thinking and cognition, as well as to work in diverse groups of professional teams.
Skills:
a / calculate and interpret the amount of the tax burden of entities at the national and international level,
b / quantify the partial bases of personal income tax, adjust the common tax base of natural person,
c / calculate and adjust the final tax liability of natural person,
d / get acquainted with the structure and content of the tax return of a natural person,
e / clarify the system of determining and adjusting the corporate tax base,
f / calculate the tax base and tax for property taxes, get acquainted with the content and structure of the tax return for real estate tax,
g / understand the principle of motor vehicle taxation,
h / explain the principle of operation and calculation of VAT in the country, the EU, in third countries,
ch / perform basic calculations related to excise taxes.
i / specify and propose measures concerning the change of policies of management entities, work with standard tools of economic and financial policy used in decision-making of public and private sector entities,
j / to maintain contact with the latest development according to the focus of the study program and to continue the study smoothly at the 2nd level of study.