The course gives
students an overview, within a framework of essential constitutional
principles, of the substantive and procedural rules that govern the principal
taxes relevantto business activities: income tax and value-added tax.
The part of the
course devoted to the substantive aspects will chiefly emphasise corporate
income, looking at the general and specific rules for its determination.
In the part devoted
to procedural aspects, an examination of the role and content of the various
practical stages of taxation (tax declaration, notice of assessment, collection
functions), as well as of the Tax Authority's powers of investigation, will be
followed by an illustration of tax court process.
The teaching
approach is designed to develop students' ability to identify and reason about
problems, also through discussions of case studies drawn from the decisions of
the courts and from ministerial circulars.
Syllabus
Informatica (laboratorio di informatica) (alfabet
General section
1. Concept of taxation and its subdivisions.
2. The constitutional principles of legality and
ability to pay.
3. Premises of taxation.
4. Passive subjects.
5. Tax subjects andauthorities.
6. Tax declaration.
7. Powers of investigation.
8. Notice of assessment.
9. Collection.
10. Tax penalties.
11. Jurisdictional protection
Special section
1. National personal income tax.
1.1 Premises and passive subjects.
1.2 Determination of the income base and payment
of the tax.
1.3 Corporate income: source; Income tax return
and financial statements; general rules for the allocation of revenue items
over time; assets of the firm and determination of their cost; positive
components; general rules pertaining to negative components; negative
components; valuation of inventory, valuation of supplies and services and
works having multi-year duration; valuation of securities.
1.4 Other categories of income: property income;
capital income; income from subordinate employment, income from self-employment
and sundry income.
2. Corporate income tax
2.1 Premises and passive subjects;
2.2 Subjective categories and determination of
the income base.
2.3 Subjective categories and payment of the tax.
3. VAT.
3.1 Premises: objective, subjective and
geographical profile of taxable transactions; allocation of taxable
transactions over time.
3.2 Non taxable transactions and exempted
transactions.
3.3 Mechanism of application: formal obligations;
settlement; payments; statements.
Examinations
Informatica (laboratorio di informatica) (alfabet
There will be an
oral examination at the end of the course.
Reading list
Informatica (laboratorio di informatica) (alfabet
The recommended
text for preparing the exam is:
Falsitta, G., Corso istituzionale di diritto
tributario, Cedam, Padova, 2007.
For the general
section: cap. 2; cap. 3; cap. 6; cap. 9; cap. 10; cap. 11; cap. 13; cap. 14;
cap. 15, sez. I, II e III; cap. 16; cap. 19; cap. 20, sez. I; cap. 21.
For the special
section: cap. 23; cap. 24; cap. 25, sez. I; cap. 26.
Students may also
use other books, subject to the prior approval of the lecturers.
In addition, both
to prepare for the exam and to get the most out of the lectures, students are
advised to purchase an up-to-date tax code.
For example:
Falsitta, G., Fantozzi, A., Le leggi tributarie
fondamentali, Giuffrè, Milano, ultima edizione.