Taxes for non-Economists

Garant předmětu:

Savina Finardi

Lecturer:

Savina Finardi, Tereza Jiříková

Tutor:

Savina Finardi, Tereza Jiříková

Supervisor:

Department of Software Engineering

Synopsis:

Taxes, including social insurance contributions, are obligatory payments paid by people or institutions to public budgets. This is the way how a significant portion of GDP is redistributed. This course concerns who pays which taxes or who bears the tax burden. The course introduces students to the tax theory and policy fundamentals and shows how they affect taxation of income, consumption, and wealth. The course provides practical information on calculations of tax liabilities of both citizens and institutions as well as information about important taxpayers´ formal duties towards public administration.

Requirements:

A written exam. It includes both questions about basics of taxation, and calculations of tax liabilities in practical situations.

Syllabus of lectures:

1. Public revenue. Definition of a tax. Classification of taxes.

2. Functions of taxes. Efficiency and equity of taxation.

3. Personal income taxation and social insurance contributions of employees.

4. Personal income taxation and social insurance contributions of the self-employed.

5. Taxation of other personal incomes.

6. Corporate income taxation I.

7. Corporate income taxation II. Introduction to the consumption taxation.

8. Value added tax.

9. Excise duties and energy taxation. Tax on vehicles.

10. Wealth taxation.

11. Tax liabilities of a corporation or an employer.

12. Tax liabilities and the tax burden of a citizen.

13. Tax liabilities and the tax burden of an entrepreneur.

Syllabus of tutorials:

1. Taxes are all around us.

2. Cost of taxation. Indicators of the tax burden.

3. Calculation of the income tax liability and social insurance contributions of an employee.

4. Calculation of the income tax liability and social insurance contributions of the self-employed.

5. Calculation of the tax liability related to other personal incomes.

6. Calculation of the tax base of a corporation.

7. Calculation of the income tax liability of a corporation.

8. VAT in prices of taxable goods.

9. Calculation of VAT paid by a taxable person. Excise duties in prices.

10. Calculation of the tax on vehicles, property taxes, and capital transfer taxes.

11. Case study 1: How much does a corporation or an employer pay and what duties does it have?

12. Case study 2: How much does a citizen pay and what duties does s/he have?

13. Case study 3: How much does an entrepreneur pay and what duties does s/he have?

Study Objective:

The aim of the course is for students to understand functions of taxes, and principles of equity and efficiency of taxation. Furthermore, students will learn how the Czech government finances itself through taxes, who pays the taxes, including the social insurance contributions, and who bears the tax burden. Finally, students will learn to calculate liabilities of various taxes imposed on various subjects in the Czech Republic and will know what main duties towards the public administration the taxpayers have.

Study materials:

VANČUROVÁ, Alena, LÁCHOVÁ, Lenka, KLAZAR, Stanislav. Daňový systém ČR 2010. 10. aktual. vyd. Praha: VOX, 2010. 355 s. ISBN 978-80-86324-86-9

Note:

Further information:

https://moodle-vyuka.cvut.cz/course/search.php?search=BI-DAN

No time-table has been prepared for this course

The course is a part of the following study plans:

• Bachelor program Informatics, unspecified branch, in Czech, 2015-2020 (compulsory elective economic-management course)
• Bachelor branch Security and Information Technology, in Czech, 2015-2020 (compulsory elective economic-management course, elective course)
• Bachelor branch Computer Science, in Czech, 2015-2020 (compulsory elective economic-management course)
• Bachelor branch Computer Engineering, in Czech, 2015-2020 (compulsory elective economic-management course)
• Bachelor branch Web and Software Engineering, spec. Software Engineering, in Czech, 2015-2020 (compulsory elective economic-management course)
• Bachelor branch Web and Software Engineering, spec. Web Engineering, in Czech, 2015-2020 (compulsory elective economic-management course)
• Bachelor branch Web and Software Engineering, spec. Computer Graphics, in Czech, 2015-2020 (compulsory elective economic-management course)
• Bachelor branch Knowledge Engineering, in Czech, 2018-2020 (compulsory elective economic-management course)