Objectives

  • Identify corporate taxation different levels, being able to specify the contemporary problems in each tax level: national vs international; individual corporation vs corporate groups; income vs activity;

  • Know and being able to address the main tax principles that conduct corporate taxation and the economics and social consequences of that specific taxation;

  • Seize tax compliance elements and obligations, relating them to corporate tax planning activities and aggressive tax planning/tax avoidance actions;

  • Designing a risk analysis on tax planning and tax compliance;

  • Consider the EU influence on how Corporate Taxation and Corporate Decisions are made

General characterization

Code

37032

Credits

6

Responsible teacher

Rita Sofia Martins Calçada Pires

Hours

Weekly - 3

Total - Available soon

Teaching language

Portuguese

Prerequisites

Available soon

Bibliography

PART I

AUERBACH, Alan J.. Who bears the corporate tax? A review of what we know. Working Paper 11686 Disponi¿vel emhttp://www.nber.org/papers/w11686

BAIARDI, Donatella; PROFETA, Paola; PUGLISI, Riccardo; SCABROSETTI, Simona. Tax Policy and Economic Growth: Does It Really Matter? CESifo Working Paper, No. 6343, Center for Economic Studies and IFO Institute (CESifo), Munich, 2017. Disponi¿vel em http://hdl.handle.net/10419/155585

BECKER, Bo; JACOB, Marcus; JACOB, Martin. Payout taxes and the allocation of investment. Journal of Financial Economics 107(2013)

BIRD, Richard; MINTZ, Jack. International Tax Sharing: Can the Dream become Reality? Revised; July 24, 2019, Disponi¿vel em https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3426848

BOGENSCHNEIDER, Bret N. The European Commission¿s Idea of Small Business Tax Neutrality. EC TAX REVIEW 2016/4

BRYS, Bert; PERRET, Sarah; THOMAS, Alastair; O¿REILLY, Pierce. Tax Design for Inclusive Economic Growth. OECDE Taxation Working Papers, n.o 26, 2016

CLAUSING, Kimberly A. In Search of Corporate Tax Incidence, 2012. Tax Law Review, 2012, 65:3, p. 433-472

CNOSSEN, Sijbren. What Kind of Corporation Tax Regime?. Osgoode Hall Law Journal 52.2 (2015): 513-551.http://digitalcommons.osgoode.yorku.ca/ohlj/vol52/iss2/7

FACCIO, Mara; XU, Jin. Taxes and Capital Structure. Journal Of Financial And Quantitative Analysis Vol. 50, No. 3, June 2015

FUEST, Clemens; PEICHL, Andreas; SIEGLOCH, Sebastian. Do Higher Corporate Taxes Reduce Wages? Micro Evidence from Germany. IFO Working Papers n.o 241/2017 September 2017 https://www.ifo.de/DocDL/wp-2017-241-fuest-peichl- siegloch-corporate-taxes.pdf

GEMMELL, Norman; KNELLER, Richard; MCGOWAN, Danny; SANZ, Ismael and SANZ-SANZ, Jose¿ F.. Corporate Taxation and Productivity Catch-Up:¿Evidence from European firms. Working Paper 1/2013 March 2013, The Working Papers in Public Finance, Victoria Business School http://www.victoria.ac.nz/cpf/working-papers

IRELAND DEPARTMENT OF FINANCE. Literature Review Of The Economic Effects Of Corporation Tax. Part of the Economic Impact Assessment of Ireland¿s Corporation Tax Policy. October 2014http://www.budget.gov.ie/Budgets/2015/Documents/Literature_Review_Economic_Effects_Corporation.pdf

LAMBERTS, Paul B.W.L. Fair Taxation: Truth is in the Eye of the Beholder. INTERTAX, Volume 45, Issue 1 (2017)

MCKENZIE, Kenneth J.; FEREDE, Ergete. Who pays the corporate tax?: insights from the literature and evidence for canadian provinces. The School of Public Policy ¿ SPP Research Papers, University of Calgary, volume 10, issue 4, April 2017https://www.policyschool.ca/wp-content/uploads/2017/04/Corporate-Tax-McKenzie-Ferede1.pdf

PANIER, Fre¿de¿ric; PE¿REZ-GONZA¿LEZ, Francisco; VILLANUEVA, Pablo. Capital Structure and Taxes:¿What Happens When You (Also) Subsidize Equity? https://faculty.fuqua.duke.edu/corpfinance/papers/2013.Panier_Perez- Gonzalez_Villanueva.pdf

PART II

HARRIS, Peter. Corporate Tax Law. Structure, Policy and Practice. Cambridge University Press, 2013
SCHREIBER, Ulrich. International Company Taxation. An introduction to the legal and economic principles. Springer, 2013

TING, Antony. The Taxation of Corporate Groups under Consolidation. An international comparison. Cambridge University Press, 2013

PART III

BALAKRISHNAN, Karthik; BLOUIN, Jennifer; GUAY, Wayne. Tax Aggressiveness and Corporate Transparency.https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1792783

BANCEL, Franck; MITTOO, Usha R..The Determinants of Capital Structure Choice: A Survey of European Firmshttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=299172

CERIONI, Luca. The Quest for a New Corporate Taxation Model and for an Effective Fight against International Tax Avoidance within the EU. INTERTAX, Volume 44, Issue 6 & 7, 2016

IT CONTINUOUS...

SEE THE SYLLABUS ON THE MOODLE. DUE TO LENGTH THE COMPLETE BIBLIOGRAPHY IS NOT HERE.

Teaching method

Socratic model, with stimulus in the preparation of the classes, through permanent face-to-face discussion, enabling and developing critical and integrated thinking.

Use of concept maps and promotion of critical analysis of international documents.

Evaluation method

Option 1: Written exam
Option 2: Written exam (60%) & Specialized Class Participation during the Semester (40%)

CLASS PARTICIPATION REQUIREMENTS AND ELEMENTS OF EVALUATION

 

EVALUATION ELEMENT

 

 

CONTENTS

 

FORM

 

 

 

PREVIOUS PREPARATION OF CLASSES 

 

 

  • Preliminary readings: legislation vs one book only vs multiple books vs scientific papers;

 

  • Prior identification of core materials and core concepts required for critical reflection;

 

  • Reflective and critical analysis with systematized grid of doubt, reflecting the need to create a subject learning path.

 

 

 

 

  • Passivity vs Proactivity

 

  • Frequency

 

 

 

 

 

PREPARATION OF SPECIFIC CONTENTS PROPOSED DIRECTLY BY THE TEACHER IN ADVANCE

 

 

  • Purified and systematized reading of proposed materials 

 

  • Reflective and critical analysis, building systematized grid of the main themes involved

 

  • Identification of key questions, reflecting cross-examination with previous and subsequent subjects to be explored in the program, revealing the need to create a learning path in the subject

 

 

 

  • Compliance with proposed deadline

 

  • Passivity vs Proactivity

 

  • Frequency

 

 


RESPONSE TO CLASSROOM QUESTIONS

 

 

  • Identification of relevant topics

 

  • Use of appropriate concepts

 

  • Integration of the materials concerned

 

  • Invocation of legal and jurisprudential basis, if any

 

  • Associated issues

 

  • Creativity and innovation in addressing the issue

 

 

  • Passivity vs Proactivity

 

  • Frequency

 

  • Relevance

 

 

 

 

 

QUESTIONS AND DOUBTS FROM PREVIOUS STUDY AND ISSUES REFLECTED PREVIOUSLY

 

 

  • Adequacy
  • Ability to express the discovery made and its framing in the corresponding problem
  • Density
  • Maturity

 

  • Frequency

 

  • Relevance

 

  • On their own initiative

 

  • On the teacher's impulse

 

  • As a result of colleague's doubt

 

 

 

 

QUESTIONS ASKED IN CLASS

 

 

  • Adequacy
  • Ability to express the discovery made and its framing in the corresponding problem
  • Density
  • Maturity

 

  • Frequency

 

  • Relevance

 

  • On their own initiative

 

  • On the teacher's impulse

 

  • As a result of colleague's doubt

 

Subject matter

The syllabus goes into identifying the corporate taxation different levels of action, allowing for the student to become aware of them and start reflecting on those various tax levels that are underlined on corporation activity. Because of that, when analysing the different macro corporation tax problems, the student will be able to determine the main tax principles that conduct corporate taxation and the economics and social consequences of that specific taxation.

Because nowadays tax compliance is a major corporate obligation and necessity, items such as morality and ethics must be present at the same time as the legal commands are. Dealing with these mixed realities must be trained and understood, which is made on Part III, allowing the student, at the end, to design of a proper risk analysis on tax planning and tax compliance.

Taking into account the European context in particular, determining how EU normative work influence the Corporate Taxation is of utmost importance, turning possible a reflection on how nowadays corporate decisions and obligations are managed by European corporation, in order to decrease tax compliance risks and protect the possible corporate tax planning activities.

Programs

Programs where the course is taught: