Tax System

Recommended Prerequisites

Basic accounting; Basic legal interpretation skills.

Teaching Methods

1-Conceptual approach: tax law, accounting and the rationale for corporate tax policies.

2- Case studies, both national and international.

3- Analysis of famous legal cases in order to enable students to gain insights into tax disputes.

4-Simulation of fiscal management, with case studies

Learning Outcomes

1-Students will learn the particular aspects of corporate taxation, in order to carry out efficient tax management. The social impacts of corporate taxation wil be exposed.

2 Students will analyse the link between Accounting and Corprate tax in order to distinguish the main issues of convergence and divergence between accounting profit and taxable income.

  3- The teacher will explain tax planning and its limitations, in order to provide students with a vision of the border between tax management and tax aviodance, as well as the importance of fighting avoidance and evasion to the sustainability of the welfare state.

4- The professor will  explain the distinction between individual and corporate businesses, as well as the specifics of taxation of individual companies, aiming at characterizing the taxation of different types of organizations that students may use in start ups.

Work Placement(s)

No

Syllabus

1- A general perspective about business management and taxation. The social impact of taxation

2- From accounting profit to taxable profit: corporate  taxation and its accounting base.

3- Depreciation; Impairments. Digital transformation and impairment of assets

4- Provisions; Environmental risks.

5- Double international taxation and its treatment: notes on the participation regimes exemption

6- The distinction between tax planning, evasion and fraud

7- Tax planning and anti-abuse clauses. Article 38 of the LGT. The sustainability of welfare State and the relevance of fighting tax evasioin.

8- Case analysis on the frontier between planning and tax evasion

9- Taxation of capital gains in the personal income tax

10- The taxation of business income in the personal income tax

Head Lecturer(s)

António Manuel Ferreira Martins

Assessment Methods

Avaliação
Exam: 100.0%

Bibliography

António Martins, Cristina Sá, Daniel Taborda (2020) A Dedutibilidade de Gastos no IRC -uma análise económico-fiscal, Coimbra, Almedina

M. Scholes et al. (2016) Taxes and business strategy, N. York, Prentice Hall

António Martins,  (2020) "The Anti Tax Avoidance Directive and the economic substance test: will the modified anti- -abuse rule increase tax audits in Portugal?" in Silva P; Jorge  S. and Sá P. (eds) Emerging topics in Management Studies, Coimbra, Coimbra Univ. Press, pp. 49-72

Martins, António (2018)  “A tributação do rendimento das sociedades: princípios gerais e gestão fiscal” in  Machado C. e  Davim J. (coord.) MBA para Gestores e Engenheiros, Lisboa, Editora Sílabo, p. pp. 355-400.

Martins, António (2020) "An accounting and financial view of the economic substance test", EC Tax Review, vol. 29,  nº5, pp. 250-256

Manuel H Freitas Pereira (2018), Fiscalidade, Almedina, Coimbra