Information on individual educational components (ECTS-Course descriptions) per semester

Degree programme: Bachelor International Business Part-time
Type of degree: FH Bachelor´s Degree Programme
Part-time
Summer Semester 2022

Course unit title Corporate Taxation
Course unit code 025027041103
Language of instruction German
Type of course unit (compulsory, optional) Compulsory
Semester when the course unit is delivered Summer Semester 2022
Teaching hours per week 2
Year of study 2022
Number of ECTS credits allocated First Cycle (Bachelor)
Number of ECTS credits allocated 3
Name of lecturer(s) Jonas ROSSMANITH


Prerequisites and co-requisites

Financial Accounting according to the Austrian Business Enterprise Code


Course content

General overview of Austrian tax law  Fundamentals of income taxation (taxation of natural persons; categories of income focusing on business taxation etc.) Fundamentals of corporate taxation (taxation of legal persons; derogations and special provisions on the taxation of natural persons) Introduction to VAT taxation (entrepreneurs- property; taxation of supplies and other services; tax exemptions; tax rates; accounting features; VAT deduction) Comparison of taxation of individual companies/partnerships and corporations


Learning outcomes

Knowledge - Students know the importance of taxes and tax law as part of the legal system. - Students know the basic tax concepts. - Students know different types of taxes and are able to classify a variety of implemented taxes. - Students know the basic legal sources and their legal status. - Students are able to describe the fundamental principles of the main taxes (income tax, corporation tax, VAT). - Students know the personal and factual tax liability of income tax and corporation tax. - Students know  operational categories of income and their tax accounting. - Students know the authoritative principle and an overview of the effects of profit and thus the most significant differences between corporate law and tax law. - Students are able to describe the principles of taxation of partnerships and corporations. Students know the basic principles of taxation of capital assets. - Students know the essence and classification of the value added tax. - Students know the facts of the value added tax and as a result the tax liability/exemption. - Students know the characteristics of an invoice according to the Austrian value added tax law (UStG) and input tax deduction. Comprehension - Students are able to understand basic tax concepts and explain the importance of taxes. - Students are able to orient themselves in Austrian tax law. - Students understand the difference between taxation of partnerships and corporations. - Students understand that the consideration of the tax burden on a companys profit is essential for the economic success of a company. Application - Students are able to determine the taxable income of partnerships and corporations. - Students are able to determine what type of income accounting method is to be applied based on specific facts. - Students are able to make a statement as to whether a transaction is taxable in Austria according to the value added tax law (UStG) or not. Analysis - Students are able to examine the tax burden of different legal forms using a case study. Synthesis - Students are able to state recommendations for the design of fiscal annual results. Evaluation - Students are able to examine and evaluate the impact of tax policy choices.


Planned learning activities and teaching methods

Lecture exercises/case studies as an individual/in a group


Assessment methods and criteria

Comprehensive written examination, 90 minutes.


Comment

None


Recommended or required reading

Kodex Steuergesetze. Aktuellste Auflage. Wien: Linde Verlag. Lang, Stephanie; Unger, Peter: Steuerrecht graphisch dargestellt. Aktuellste Auflage. Wien: LexisNexis Verlag. Werner Doralt: Steuerrecht. Aktuellste Auflage. Wien: Manz Verlag.


Mode of delivery (face-to-face, distance learning)

Face-to-face