Domestic and International Enterprise Tax Law
The course focuses on domestic, european and international business taxation, included corporate reorganizations, for a career as a professional business tax advisor, corporate tax director or as a chief tax officer
At the end of the teaching unit, the student will be able to: - Describe the fundamental principles and sources of international and domestic business tax law (knowledge and understanding) using appropriate terminology in academic and professional contexts. - Apply the general and special rules of the Italian business income tax system to practical cases (applying knowledge and understanding), solving problems related to business income taxation. - Critically analyse administrative and judicial procedures in international and domestic business income taxation (making judgements), assessing the correctness of procedures and decisions. - Communicate clearly and unambiguously solutions to business income taxation issues, both to specialists and non-specialists (communication skills), also through written and oral reports. - Continue to independently deepen the main topics of the discipline (learning skills), using updated legal and doctrinal sources.
Domestic and International Enterprise Tax Law is the only specialized legal course on taxation of the Master's Degree Courses of the Department of Economics.
Basically, it requires knowledge of the legal teachings of the three-year degree in Tax Law and Commercial Law, as well as the economics-business teaching of General Accounting. It is no coincidence that the teaching takes place in the second semester of the last year (2nd) of the master's degree course. Considering, in fact, the specialist knowledge in both legal and economic-business sectors in the field of enterprise financial statements, included extraordinary transactions, which characterize the master's degree in Economics (and in Administration, Finance and Control, in particular) - the teaching of Enterprise Tax Law is based on, and completes in terms of taxation, numerous teachings of the two-year master's degree: from the legal teachings of Enterprise Crisis Law and Business Reorganizations Law to those business economics of International Accounting Standards, Groups of companies and consolidated financial statements, M&A and corporate valuation.
The teaching unit consists of face-to-face lectures. Please refer to Aulaweb for any updates that may be necessary during the academic year (regarding both teaching and examination methods). 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. Attendance is not compulsory.
A. Teaching unit 9 credits ("cfu") – Programme B. Teaching unit 9 credits ("cfu") – Content C. Teaching unit 6 credits ("cfu") – Programme D. Teaching unit 6 credits ("cfu") – Content
The teaching unit in Domestic and International Enterprise Tax Law of the master's degree course in Administration, Finance and Control consists of two parts focused on the taxation of corporate income.
Part I (48 hours of frontal teaching over a total of 72) focuses on the rules of taxation of corporate income deriving, first of all, from International Law and European Union Law: a taxation, therefore, that affects the company operating in an international dimension or, at least, in the European market;
Part II (remaining 24 hours of frontal teaching) deals with the taxation of corporate income, both in a group context, having regard to tax consolidation, tax transparency, and tax business reorganizations in national contexts, as well as international (and European, in particular).
B. Teaching unit 9 credits ("cfu") - Content
The content of the teaching unit 9 credits is the following:
I Part
Enterprise Income Tax Rules deriving from International Law
Enterprise Income Tax Rules deriving from European Law
Enterprise Income Tax Rules deriving from domestic Law
II part
C. e D. Teaching unit 6 credits ("cfu") - Programme and content
C. Teaching unit 6 credits ("cfu") - Programme The 6-credit teaching unit coincides with Part I of the 9-credit teaching unit. 48 hours of lectures, held together with the first 48 hours of the 9-credit unit. D. Teaching unit 6 credits ("cfu") - Content For the content of the 6-credit teaching unit, see Part I of the 9-credit teaching unit.
Specific indications on the reference bibliography will be provided by the teacher at the beginning of the lessons.
Ricevimento: PAOLA TARIGO: The professor meets students in the classroom at the end of each lesson on any of the three weekly teaching days. Upon student request or for instructor needs, meetings can be held remotely via TEAMS. In this case, the day and time must be arranged in advance by email (tarigo@economia.unige.it).
PAOLA TARIGO (President)
GIULIA BIASCI
REMO DOMINICI
Sem: II - Lessons begin for all teaching units in Domestic and International Business Tax Law: in February, during the week scheduled by the Department of Economics for the start of classes (except for different notice through Aulaweb - Tax Law) - Lessons end - 9 - credit teaching unit (72 hours): in May, after the conclusion of 72 hours of lessons - Lessons end - 6 -credit teaching unit (48 hours): in April, after the conclusion of 48 hours of lessons Please refer to Aulaweb for updates.
DOMESTIC AND INTERNATIONAL BUSINESS TAX LAW
ENTERPRISE TAX LAW INTERNATIONAL AND NATIONAL
9 credits exam
The 9 credits Enterprise Tax Law exam consists of two separate tests according the rules indicated below.
A first test focuses on the first part of the program and is in written form, with 6 questions. The student has 60 minutes for this test.The other test, having passed the first test, focuses on the second part of the program and is always in written form, with 6 questions. Also for this test the student has 60 minutes available. It’s possible to have the second test in the same session as the first test. However, in this case, the negative outcome of the first test precludes the correction of the second test (i.e., the latter will not be evaluated, as if it had not been taken). Students who intend to take both written tests in the same session must give prior written notice to the teacher. The questions of each written test are 6 in number and the single test lasts 60 minutes.In case of negative result, the test can be repeated in the next session (except in cases of seriously insufficient preparation, a sole discretion of the teacher). Exam templates and other information are visible by “aula web”. The overall grade is weighted: the first test takes on a greater "weight" than the second test. This reflects the different weight of the content of each of the two parts of the program.Therefore, the final grade is given by the sum of the two marks multiplied by their respective weights. The weight of the grade of the first test is 0.67 while the weight of the grade of the second test is 0.33. Decimal numbers thus obtained shall be rounded up to the unit if the decimal is greater than 0.5 and down if it is less than or equal to 0.5. Example: 6 cfu test grade 28; 3 CFU test grade 20. According to the above rule: (28 x 0.67) + (20 x 0.33) = 18.76 + 6.6 = 25.36 rounded to 25. With the result 25.5, the rounding is 25; with the result 25.6, the rounding would increase to 26. The praise obtained in the 6 cfu test (out of a total of 9 cfu) or in the 3 cfu test is not considered for the weighted score of the relevant test, but it counts towards the final score if the average of the two tests (6 and 3) is equal to 30.
6 credits exam
The 6 credits Enterprise Tax Law exam exam consists of one test, in written form. There are 6 questions in the written test and the test lasts 60 minutes. In case of negative result, the test can be repeated in the next session (except in cases of seriously insufficient preparation, a sole discretion of the teacher). Exam templates and other information are visible by “aula web”.
The assessment of the student's acquired skills takes place through written tests which verify the ability to describe, apply and analyse the principles and rules of tax law, solve practical cases, and communicate solutions clearly. The evaluation criteria are: correctness of answers, ability to apply knowledge to practical cases, clarity of exposition, and appropriate use of terminology.
The exam can be repeated without limits, except in cases of seriously insufficient preparation at the discretion of the instructor.
For prerequisites, please refer to the University website section http://www.unige.it/regolamenti/studenti/, where the teaching regulations of the Degree Programmes are published. Recommended prerequisites: As for recommended prerequisites, the course generally requires knowledge of the fundamental institutions from the undergraduate course in Tax Law. With particular regard to Part II, it also requires knowledge in the area of financial statements, both individual and consolidated, of national and international accounting principles, as well as extraordinary corporate transactions covered in the courses of Commercial Law and Business Management.
