Facultatea de Științe Economice și Gestiunea Afacerilor
Str. Teodor Mihali nr. 58-60
Cluj-Napoca, RO-400951
Tel.: 0264-41.86.52-5
Fax: 0264-41.25.70
econ@econ.ubbcluj.ro
www.econ.ubbcluj.ro
DETAILED SYLLABUS
Taxation
1. Information about the study program
1.1 University
1.2 Faculty
1.3 Department
1.4 Field of study
1.5 Program level (bachelor or master)
1.6 Study program / Qualification
Babes-Bolyai University
Faculty of Economics and Business Administration
Finance
Finance
Graduate
Finance and Banks
2. Information about the subject
2.1 Subject title
Taxation
2.2 Course activities professor
Inceu Adrian Mihai
2.3 Seminar activities professor
Inceu Adrian Mihai
2.4 Year of study
2nd 2.5 Semester
3rd 2.6 Type of assessment
EC 2.7 Subject regime
Optional
3. Total estimated time (teaching hours per semester)
3.1 Number of hours per week
3 out of which: 3.2 course
2
3.3 seminar/laboratory
3.4 Total number of hours in the
42 out of which: 3.5 course
28
3.6 seminar/laboratory
curriculum
Time distribution
Study based on textbook, course support, references and notes
Additional documentation in the library, through specialized databases and field activities
Preparing seminars/laboratories, essays, portfolios and reports
Tutoring
Assessment (examinations)
Others activities ...................................
3.7 Total hours for individual study
33
3.8 Total hours per semester
75
3.9 Number of credits
5
1
14
Hours
15
10
5
2
1
4. Preconditions (if necessary)
4.1 Curriculum
4.2 Skills
5. Conditions (if necessary)
5.1. For course
development
5.2. For seminar /
laboratory development
Portable or cellular telephones, beepers, pagers, televisions, radios, hand-held video
games, and CD and radio headsets are not permitted. They are to be turned off and are
not for use in the classroom. Laptops, only for note taking, are permitted.
Students are not permitted to eat food in class (coffee, water and sodas only). While
attendance is not required, students are graded on their class participation.
Students who do not answer questions in class because they are not in class will receive
zero scores.
1
NOTE: This document represents an informal translation performed by the faculty.
6. Acquired specific competences
Professional
competences
•
•
•
Transversal
competences
Appropriate use of fiscal concepts, theories, methods and financial instruments in entities /
organizations to private and public;
Performing works in the economic-financial institutions / private organizations and public;
Applying the fiscal concepts in financial and economic activities performed in private and public
companies.
• Apply the principles, norms and values ethics in their work strategy rigorous, effective and
accountable;
• Identify roles and responsibilities in a team multi - specialized and apply effective techniques and
working relationships within the team;
• Identify opportunities for lifelong learning and the effective use of learning resources and personal
development techniques;
7. Subject objectives (arising from the acquired specific competences)
7.1 Subject’s general objective
7.2 Specific objectives
The purpose of this course is to:
provide a global overview on the taxation system and their applicability
in the financial practice;
- understand the fiscal policy implication on individuals and legal entities.
On successful completion of this lecture candidates
should be able to:
1. Explain the operation and scope of the tax system
2. Explain and compute the income tax liabilities of individuals
3. Explain and compute the corporation tax liabilities of individual companies
and groups of companies
4. Explain and compute the effect of national insurance contributions on
employees, employers and the self employed
5. Explain and compute the effects of value added tax on incorporated and
unincorporated businesses
6. Identify and explain the obligations of tax payers and/or their agents and
the implications of non-compliance
8. Contents
Teaching
methods
Lectures using
The overall function and purpose of taxation in a modern economy. Different
projector and
types of taxes. Principal sources of revenue law and practice
notices.
Income tax liabilities. The scope of income tax. Income from employment.
Lectures using
Income from self-employment. Property and investment income. The
projector and
comprehensive computation of taxable
notices.
income and income tax liability.
Corporation tax liabilities:
Lectures using
1. The scope of corporation tax
projector and
2. Taxable total profits
notices.
3. The comprehensive computation of corporation
tax liability
4. The effect of a group corporate structure for
corporation tax purposes
5. The use of exemptions and reliefs in deferring
and minimising corporation tax liabilities
Lectures using
Property taxes: building tax, land tax, car tax.
projector and
notices.
8.1 Course
Observations
2 lectures
2 lectures
2 lectures
2 lectures
2
NOTE: This document represents an informal translation performed by the faculty.
Value added tax:
1. The scope of value added tax (VAT)
2. The VAT registration requirements
3. The computation of VAT liabilities
4. The effect of special schemes
Excises: role, types, mechanism of aplication
Tax evasion and tax fraud –the consequence of noncompliance.
Lectures using
projector and
notices.
Lectures using
projector and
notices.
Lectures using
projector and
notices.
2 lectures
2 lectures
2 lectures
References:
1. A. Atkinson and J. Stiglitz, Lectures on Public Economics, McGraw-Hill (1980)
2. Gruber, Jonathan. Public Finance and Public Policy. 3rd ed. Worth Publishers, 2009.
3. Harvey S. Rosen and Ted Gayer, Public Finance, Eighth Edition (New York: McGraw-Hill/Irwin, 2007).
4. Mara, E.R., 2011, Finanţele publice si fiscalitatea între teorie şi practică, Editura Risoprint, Cluj-Napoca
5. Pigou, A.C. (1947), A study in public finance, MacMillan, London;
6. Richard A. and Peggy B. Musgrave, Public Finance in Theory and Practice, Fifth Edition (New York:
McGraw Hill, 1989).
7. Rosen, H.S. and T. Gayer, 2010, Public Finance, 9th Edition, McGraw - Hill Publishing.
8. Samuel H. Baker and Catherine S. Elliott, eds., Readings in Public Sector Economics(Lexington, MA: D.C.
Heath and Co., 1990).
9. Stiglitz, Joseph, E. (2000), Economics of the Public Sector, 3rd Edition, Editura Norton & Co., New York
Teaching
8. 2 Seminar/laboratory
Observations
methods
Personal income taxation: Compute the income assessable and the tax liability Solving
2 tutorials
for salary income. Case studies.
applications
Case studies based on labor force cost for employer.
Solving
2 tutorials
applications
Corporate taxation: Compute the corporation tax liability and apply
Solving
2 tutorials
marginal relief.
applications
Property taxation – computing tax liability.
Solving
3 tutorials
applications
VAT
Solving
3 tutorials
applications
Solving
2 tutorials
Excises
applications
References:
1. A. Atkinson and J. Stiglitz, Lectures on Public Economics, McGraw-Hill (1980)
2. Gruber, Jonathan. Public Finance and Public Policy. 3rd ed. Worth Publishers, 2009.
3. Harvey S. Rosen and Ted Gayer, Public Finance, Eighth Edition (New York: McGrawHill/Irwin, 2007).
4. Mara, E.R., 2011, Finanţele publice si fiscalitatea între teorie şi practică, Editura
Risoprint, Cluj-Napoca
5. Rosen, H.S. and T. Gayer, 2010, Public Finance, 9th Edition, McGraw - Hill
Publishing.
6. Samuel H. Baker and Catherine S. Elliott, eds., Readings in Public Sector
Economics(Lexington, MA: D.C. Heath and Co., 1990).
7. Stiglitz, Joseph, E. (2000), Economics of the Public Sector, 3rd Edition, Editura Norton
& Co., New York
9. Corroboration / validation of the subject’s content in relation to the expectations coming from
representatives of the epistemic community, of the professional associations and of the representative
employers in the program’s field.
 The course is structured to provide practical knowledge necessary both as an employee and as an employer of
tax obligations owed to the state authorities.
3
NOTE: This document represents an informal translation performed by the faculty.
10. Assessment (examination)
Type of activity
10.1 Assessment criteria
10.2 Assessment methods
10.4 Course
Ability to understand theoretical concepts Final exam based on multiple
choices, true/false answers, and
Understanding and interpretation of legal
open questions.
concepts.
Capacity of synthesis and analysis of
knowledge taught in the course and from the
materials recommended for individual study.
10.5
Evaluation of student performance is based Presentation of the essay 10%
Seminar/laboratory on presented essay examinations, problem Answers to problem sets must
sets and class participation.
contain explanations of all
numerical results.
Class participation and solving
applications 10%
10.3 Weight in
the final grade
80%
20%
10.6 Minimum performance standard
• It is necessary to obtain a minimum grade of 5 (five) in order to pass this subject;
• The grades being granted are between 1 (one) and 10 (ten);
• The exam is written and takes approximately 100 minutes;
Date of filling
21.01.2015
Signature of the course professor
Inceu Adrian Mihai
Date of approval by the department
22.01.2015
Signature of the seminar professor
Inceu Adrian Mihai
Head of department’s signature
Professor Cristina Ciumaş
4
NOTE: This document represents an informal translation performed by the faculty.