Study programmes / B-EPA Economic policy and administration / Direct Taxes
Course code:PDA
Course title in language of instruction:Přímé daně
Course title in Czech:Přímé daně
Course title in English:Direct Taxes
Mode of completion and number of credits:Exam (5 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes:full-time, 4/0; part-time, 16/0
(full-time, hours of lectures per week / hours of seminars per week; part-time, lectures per period / seminars per period)
Language of instruction:Czech
Level of course:bachelor
Semester:WS 2020/2021 - FBE
Name of lecturer:prof. Ing. Danuše Nerudová, Ph.D. (supervisor)
Prerequisites:Financial Accounting I
 
Aims of the course:Students will learn basic principles of personal and corporate income tax, to manage individual tax instruments, including conceptual, material and computational sides of setting income tax of natural and legal persons and the implementation of taxed income in the tax return.
Course contents:
1.Common principles of taxation of individuals and legal persons (allowance 4/0)
 
a.Principles of taxation in a modern economy
b.Tax evasion and tax avoidance
c.Taxpayer's tax liabilities resulting from the administration of taxes, including deadlines for submitting of the tax returns, the tax payment and the assessment taxes

2.The principle of personal income tax (allowance 12/0)
 
a.Methodology for the determination of the tax base and the tax liability of individuals, the record-keeping requirements, the tax evidence and the accountancy
b.Taxation of the income from employment and emoluments of office-holders
c.Taxation of the income from business and other independent gainful activity
d.Taxation of the income from capital, from leasing and the taxation of other income
e.Transformation from the tax evidence to the accountancy and vice versa
f.Transformation from the lump-sum expenses to the actual expenses and vice versa
g.Termination or suspension of business of individuals
h.Non-taxable amounts, deductions, tax sales and other tax reliefs

3.The principle of corporate income tax (allowance 12/0)
 
a.Methodology for determination of the tax base and the tax liabilities of legal persons
b.Principles of transformation of the economic result to the tax base of legal entity
c.Tax-deductible and non-deductible expenses in relation to the accountancy
d.Benefits provided to the employees
e.Thin capitalization rules and costs associated with the parent company's holding in subsidiary
f.Deductions, tax sales and other tax relief
g.Basic principles and differences in the taxation of non-profit organizations, lotteries and similar games, energy productions from solar radiation, v.o.s., k.s., and companies in liquidation and insolvency proceeding
h.Liquidation of legal entities and termination of shareholders participation in the company - the basic tax consequences

4.The tangible and the intangible assets - the tax aspects of depreciation and lease (allowance 14/0)
 
a.Technical improvement and repairs of assets, tax aspects of reserves for repairs of tangible assets
b.Methods of tax depreciation of assets and differences in comparison with accounting
c.Disposals of property and tax consequences
d.Tax aspects of the lease
e.Tax aspects of certain company transactions

5.Tax treatment of yields arising from securities and shares (allowance 6/0)
 
a.Yields from holding securities and shares
b.Yields from sale of securities and shares

6.Tax treatment of claims and liabilities (allowance 8/0)
 
a.Tax treatment of interest costs and cases of taxing of non-paid liabilities
b.Tax depreciation of claims and the creation of statutory provisions on claims

Learning outcomes and competences:
Generic competences:
 
-ability to apply knowledge
-ability to solve problems
-ability to work in international context
-capacity to adapt to new situations
-professional knowledge
-skilled at utilizing and processing information

Specific competences:
 
- Students are able to evaluate the tax implications of holding and sale of securities
-Student is able to evaluate the tax implications of receivables and liabilities
-Student is able to evaluate the tax implications related to depreciation, technical improvement and Asset Retirement
-Student is able to explain the methodology of calculatio of personal income tax
-Student is able to process tax returns for income tax and corporate tax
-Students can explain the methodology of calculating of corporate income tax

Type of course unit:required
Year of study:Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement:There is no compulsory work placement in the course unit.
Recommended study modules:none
Assessment methods:The exam is in form of written test. The test consists from 2 examples - the taxation of individual income and corporate income. The duration of the test is 70 minutes. Each part of the test must be met at least 50 %. For the pass exam must be achieved in the total at least 70 %.
 
Learning activities and study load (hours of study load)
Type of teaching methodDaily attendanceCombined form
Direct teaching
     lecture56 h0 h
     consultation0 h16 h
Self-study
     preparation for exam56 h68 h
     preparation for regular assessment28 h56 h
Total140 h140 h

Basic reading list
  • -, -. ÚZ č. 1239 Daně z příjmů, evidence tržeb 2018. Ostrava: Sagit, 2018. ISBN 978-80-7488-272-2.
  • PTÁČKOVÁ MÍSAŘOVÁ, P. -- OTAVOVÁ, M. Daň z příjmů srozumitelně. Ostrava: KEY Publishing s.r.o., 2018. 168 p. ISBN 978-80-7418-295-2.
Recommended reading list
  • VYCHOPEŇ, J. Daň z příjmů 2018. Praha: Wolters Kluwer, 2018. 560 p. ISBN 978-80-7598-019-9.
  • PELC, V. -- PELECH, P. Daně z příjmů s komentářem 2018. Olomouc: ANAG, 2018. 830 p. ISBN 978-80-7554-144-4.
  • ČERVINKA, T. Zdravotní pojištění. Olomouc: ANAG, 2018. 167 p. ISBN 978-80-7554-130-7.
  • ŽENÍŠKOVÁ, M. Pojištění na sociální zabezpečení. Olomouc: ANAG, 2018. 160 p. ISBN 978-80-7554-127-7.
  • ŽENÍŠKOVÁ, M. -- PŘIB, J. Zákon o nemocenském pojištění s komentářem a příklady 2018. Olomouc: ANAG, 2018. 312 p. ISBN 978-80-7554-108-6.
  • DVOŘÁKOVÁ, V. Daň z příjmů společnosti s ručením omezeným ve vazbě na účetnictví a judikaturu 2018. Olomouc: ANAG, 2018. 184 p. ISBN 978-80-7554-125-3.
  • SEDLÁČEK, J. -- DUŠEK, J. Daňová evidence podnikatelů 2018. Praha: GRADA Publishing s.r.o., 2018. 144 p. ISBN 978-80-271-0800-8.
  • PELECH, P. -- RINDOVÁ, I. Zdanění mezd, platů a ostatních příjmů ze závislé činnosti v roce 2018. Olomouc: ANAG, 2018. 392 p. ISBN 978-80-7554-114-7.