DE / EN

Taxation of Businesses and Individuals

TAX 530 for Master Students

Lecturer Prof. Dr. Christoph Spengel
Frequency Fall semester
Courses Lecture and Exercises
ECTS 6
Language Englisch
Form of Assessment Written Exam (70%)
Individual assignment and group presentation (30%)
Barbara Stage, M.Sc.

Contact

 

For further information please contact Barbara Stage.


Course Details

The course is recommended for first year Master-level students with general knowledge of financial accounting. The course is open to students enrolled in the Master in Management (MSc.) program as well as in the LLM program and others. The course is taught in English and is thus also open to exchange students. It is accompanied by a case study assignment and a two-day seminar where students present and discuss their case study results.

The course comprehensively covers aspects of different taxes and tax systems of EU member states and the US. The main taxes considered are personal income tax, corporate income tax, local profit taxes, non-profit taxes (e.g. net wealth or real estate taxes), gift and inheritance taxes and VAT. Special focus is placed on the taxation of transparent and separate entities as well as on the determination of taxable income and the relation between financial accounting and tax accounting. In all sections, overviews on country practices are given.


    Course Structure

  • Learning Outcomes

    • Understanding the principles of different taxes and their structures
    • Understanding the difference between the transparent entity and separate entity approach
    • Assessing the consequence of the legal form on the tax burden of companies and shareholders
    • Identifying the effect of taxes on corporate decisions and tax planning strategies
  • Table of Contents

    1. Taxation of Income, Property and Consumption: An International Overview
    2. Taxation of Individuals (Personal Income Tax)
    3. Taxation of Business Profits
    4. Non-Profit Taxes
    5. Inheritance Tax
    6. Value-Added Tax
  • Lecture

    The majority of lectures takes place in September.

    Please refer to Portal2 for further information on the course dates.

  • Exercise

    During the second half of the semester, all participants are required to individually prepare a case study.

    The results are presented in groups within a two-day seminar.