OVERVIEW

The course aims to provide working knowledge of the techniques involved calculating the income taxes, with emphasis on the numerous complex connections between financial statements and taxation including those relating to deferred tax assets and liabilities

AIMS AND CONTENT

LEARNING OUTCOMES

The course aims to provide working knowledge of the techniques involved calculating the income taxes, with emphasis on the numerous complex connections between financial statements and taxation including those relating to deferred tax assets and liabilities

AIMS AND LEARNING OUTCOMES

Expected Learning Outcomes
• Knowledge and Understanding:
Students must acquire knowledge of tax regulations and the related application issues pertaining to the determination of corporate income taxes.
• Ability to Apply Knowledge and Understanding:
Students must be able to apply the acquired knowledge to understand and resolve the main issues related to tax determination. Specifically, students should be able to determine corporate income taxes based on the knowledge of management activities.
• Autonomy of Judgment:
Students must be able to assess the relevance of the provided information for determining corporate income taxes.
• Communication Skills:
Students must acquire the technical language typical of the discipline to communicate clearly and unambiguously with both specialists and non-specialists.
• Learning Ability:
Students must develop adequate learning skills that enable them to stay updated in a constantly evolving discipline, as well as to pursue further in-depth studies in the professional contexts in which they will operate.

PREREQUISITES

The course necessarily requires a recall of many concepts from the General Accounting and Tax Law courses of the Bachelor's degree program.

TEACHING METHODS

Traditional formats (lectures) and interactive methods based on discussion and analysis of case studies

Students with certification of disability, specific learning disorders (DSA), or special
educational needs should contact, at the beginning of the course, both the instructor and the
Department's disability liaison, Professor Elena Lagomarsino (elena.lagomarsino@unige.it), to agree
on teaching and examination arrangements that, while respecting the objectives of the
teaching unit, take into account individual learning needs and allow the use of compensatory
tools.

SYLLABUS/CONTENT

- Technical and practical analysis of income taxes;

- Basic concepts of tax income components;

- How to calculate taxable income (e.g. remuneration paid to Directors, maintenance costs, tax losses carried forward, interest expenses, leasing instalments, tax concessions for Economic Growth Aid, dividends, non-current assets, inventories, construction contracts, rent income, entertaining expenses, capital gains, contributions, financial assets, receivables, etc.);

- Compiling tax returns;

- Deferred tax assets and liabilities.

RECOMMENDED READING/BIBLIOGRAPHY

Lessons and basic materials are in Italian as the topic specifically concerns Italian Civil Code and Italian tax legislation

TEACHERS AND EXAM BOARD

LESSONS

LESSONS START

The course is in the first semester, and it will start according to the general teaching programme issued by the Department of Economics.

Class schedule

The timetable for this course is available here: Portale EasyAcademy

EXAMS

EXAM DESCRIPTION

Written exam

ASSESSMENT METHODS

The final exam is based on a written assessment (regarding both theory and case studies)