TAX 530: Taxation of Businesses and Individuals


  • Basic principles of taxation, personal income tax, corporate income tax, local profit taxes and non-profit taxes (e.g., net wealth tax, real estate tax)
  • Comparative taxation of transparent entities (sole proprietors and partnerships) and separate entities (corporations and their shareholders)
  • Determination of taxable profits and relation between tax accounting and financial accounting
  • Gift and inheritance taxes, value added tax

Learning outcomes

  • Students will know the basic principles of different types of taxes and understand the structure of these taxes (the lecture focuses on the tax systems in the EU member states and the US).
  • Students will understand the relevance and consequences of the transparency principle and the corporation principle and assess the tax burden on profits as well as on shareholder compensations dependent on the legal form of the business.
  • Most notably, students will understand how taxes influence business decisions and evaluate tax planning opportunities created by business tax law.

Necessary prerequisites

Recommended prerequisites
Basic knowledge of financial accounting

Forms of teaching and learningContact hoursIndependent study time
Lecture2 SWS8 SWS
Exercise class2 SWS5 SWS
ECTS credits6
Graded yes
Form of assessmentWritten exam (90 min, 70%), individual written assignment and group presentation (30%)
Restricted admissionno
Further information
Performing lecturer
Prof. Dr. Christoph Spengel
Prof. Dr. Christoph Spengel
Frequency of offeringFall semester
Duration of module 1 semester
Range of applicationM.Sc. MMM, M.Sc. Bus. Edu., M.Sc. Econ., M.Sc. Bus. Inf., LL.M., MAKUWI
Preliminary course work
Program-specific Competency GoalsCG 1, CG 2
LiteratureEndres, D./Spengel, C. (editors): International Company Taxation and Tax Planning: Part I – Taxation of Businesses and Individuals – An International Comparison, Alphen aan Den Rijn: Kluwer Law International 2015.
Course outlineTaxation of Income, Property and Consumption: An International Overview
Taxation of Individuals (Personal Income Tax)
Taxation of Business Profits
Non-Profit Taxes
Inheritance Tax
Value-Added Tax