Study Guide

Objective

The student is able to define the basic concepts of taxation. S/he is able to describe the taxation proceedings of personal and business taxation. The student is able to explain the income types of personal and business taxation and the deductions directed to them. S/he is also able to apply this knowledge in practice. The student is able to search the legislation connected to personal and business taxation and apply it in practice.
The student is able to prepare tax calculations and s/he understands the differences between the taxation of different business forms. The student is able to evaluate the differences between tax planning, tax evasion and tax offence.

Content

- basic concepts of taxation
- taxation proceedings
- types and sources of income
- taxability of incomes and the right of deductions directed to them
- effect of different company forms on taxation
- tax planning/tax evasion/tax offence

Materials

- Tomperi, S. Yritysverotus ja tilinpäätössuunnittelu (reprint)
- online www.vero.fi
- Talentum Fokus (ent. SanomaPro ent. WSOYpro-online)
- legislation and legal praxis: www.finlex.fi and www.edilex.fi

Teaching methods

- lectures
- group work
- exercises
- independent study

Student workload

- lectures and guided exercises 25h
- self-studying 80 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2)
The student is able to explain the essential income types of personal and business taxation and the deductions directed to them. The student is able to search essential legislation connected to personal and business taxation. The student is able to prepare tax calculations and s/he is able to explain the essential differences between taxation of different business forms.

Assessment criteria, good (3)

Good (3-4)
The student is able to explain the essential income types of personal and business taxation and the deductions directed to them. S/he is also able to apply this knowledge in practice. The student is able to search essential legislation connected to personal and business taxation and apply it in practice. The student is able to prepare tax calculations and s/he is able to explain the differences between taxation of different business forms.

Assessment criteria, excellent (5)

Excellent (5)
The student is able to explain the income types of personal and business taxation and the deductions directed to them. S/he is also able to apply this knowledge in practice. The student is able to search the legislation connected to personal and business taxation and apply it in practice. The student is able to prepare tax calculations and s/he is able to compare the taxation of different business forms.

Assessment methods and criteria

- exams
- participation in lectures and guided exercises
- exercises

Qualifications

Will be announced at the beginning of the course.

Further information

The participants of the course will visit a tax office during the course