Taxation

Recommended Prerequisites

Accounting

Finance

Law

Teaching Methods

Exposition and normative discussion based on Tax Codes

Case Study

Learning Outcomes

The student must know and understand the rules of direct taxation (IRS and IRC). He/She must know how to apply these norms in a practical context and in concrete cases related to individuals and companies. He/She must know the general rules of consumption taxation through the VAT. Must know how to apply such rules in situations involving transactions between economic agents. Should understand the link between accounting and taxation.

Work Placement(s)

No

Syllabus

1- General principles of the Portuguese tax system; its organization and structure of tax revenues

 

 

2. The IRS

- Taxable persons: the personal base of the IRS

- Income categories: the real base of the IRS

- Study of the main incomes covered by categories A, B, E, F, G, H

- The net income of each category: definitions

- The income determination regimes of the category

- rate structure and progressivity

- Deductions

- Study of practical cases of tax computation

 

    3. The IRC

 

- Taxpayers: personal base

- From accounting profit to taxable profit: relationship between accounting and taxation. Articles 17 and 18

- The SNC and its impact on the CIRC

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- Special topics: depreciation and amortization, impairments, provisions, capital gains, changes in equity; anti-abuse clauses

 

4.VAT on internal operations

- The nature of VAT as a general tax on consumption

- The incidence of VAT

- The form of VAT computation

Assessment Methods

Assessment
Periodic or by final exam as given in the course information: 100.0%

Bibliography

António Martins, Daniel Taborda (2021) (coord) Ensaios sobre regimes de simplificação tributária, Coimbra, Almedina, pp. 231

 

António Martins, Cristina Sá, Daniel Taborda (2020) A Dedutibilidade de Gastos no IRC -uma análise económico-fiscal, Coimbra, Almedina, pp. 428

 

Clotilde Palma, Introdução ao IVA (2017), Coimbra, Almedina

 

Códigos do : IRS, IRC, IVA e Estatuto dos Benefícios Fiscais – edições atualizadas

 

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