Study Guide

Objective

The student is able to define basic concepts related to taxation. The student is able to explain the income related to personal and corporate taxation and the deductions related to it. The student understands the tax consequences of the transfer of an apartment from the point of view of both the seller and the buyer. He/she is able to explain the levels and timing of tax appeals. The student is able to search for and apply legislation related to personal taxation and corporate taxation. The student is able to prepare tax calculations and understand the differences related to the taxation of different types of companies.

Content

- basic concepts related to taxation
- stages of taxation
- types of income and sources of income
- taxation on capital gains and transfers
- the taxable nature of the income and the right to deduct the expenditure relating to it
- the effect of the corporate form on taxation
- tax appeal

Location and time

Teams

Materials

- Tomperi, S. Yritysverotus ja tilinpäätössuunnittelu (reprint)

- Andersson, E. Johdatus vero-oikeuteen (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 and exercises

Student workload

Lectures and exercises 20 h
Independent work 115 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

Exam 100%

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