Business taxation [ELCCM433]
Learning outcomes
In the term of the course dedicated essentially to the corporate tax, the student will be able of filing a tax return relative to this tax.
Also, he will be able of knowing , in a global way, the consequences of decisions of current management taken by a company, both in terms of the risks as of the opportunities.
Objectives
The objective of the course is to familiarize future managers and corporate directors, future financial directors , future accountants and tax consultants, company auditors but also the one who plans to create his SME , whom is the activity, i.e every person involved directly as indirectly in the management of a company with the risks but also with the fiscal incentives wich ensue from the subjection of a resident company to the Belgian corporate tax, i.e in order to have a global but specifies vision of the tax impacts of the most day to day decisions taken by the management of a company.
Content
The course contents consist in the examination:
-of the general principles applicable to the corporate tax ( and the link with the accounting law);
-determination of the corporate tax base;
-applicable rates;
-corporate tax calculation.
Teaching methods
The course is based on the belgian tax law ( updated) applicable on corporate benefits ( Revenue Tax Code-corporate tax- link with the personal income tax).
A link will systematically be made with the accounting law antd the company law when a corporate tax system requires it. So, the course will have an multidisciplinary aspect.
The course will be based , in a first time, on the theory applicable in corporate tax, while being supported on concrets examples issued of the field experience of the profesor, on case law references and simple exercices allowing the student to assimilate the material more easily.
The course follows the order of the corporate tax return.
The objective is that the student will be able , at the end of the course, to fill a corporate tax return of the type of the one that have to fill a SME. A easy tax return will be performed with the students in the last course but shall not be quoted.
The teaching method is traditionnal but is systematically based on the corporate tax return( copy provided to the students) and on the Revenue Tax Code that the students have to acquire and must have in order to follow the courses.
Practical examples are made when the complexity of the subject requires it.
Evaluations
The learning activity is estimated during a written examination lasted two hours. It includes a theoretical question based on a significant part of the course ( 8 points) and a series of assertions for which it is asked to say if they are true or false ( those answers require to be able to do the links between the various tax measures applicable to the subject in question - 12 points).
The student has on his disposal a blank form of corporate tax return and his Revenue Tax Code in order to resolve the questions .
Thus, a unique quotation is attributed on 20 points ( 8 + 12).
Recommended readings
Belgian Tax Code
Corporate tax return
Syllabus very complete and up to date is available.
Language of instruction
French / FrançaisLocation for course
NAMUROrganizer
Faculté des sciences économiques, sociales et de gestionRue de Bruxelles, 61
5000 NAMUR
