course-details-portlet

BBOA2020 - Advanced Tax Law

About

Examination arrangement

Examination arrangement: Written examination
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Written examination 100/100 6 hours C

Course content

The course aims to provide the student with knowledge and skills in applying tax rules and value-added tax rules, focusing on business activities, companies and corporate owners.

Learning outcome

Knowledge
The student
- has a knowledge of the principles on which tax legislation is based
- has a knowledge of the tax consequences of discontinuing operations and liquidation of companies
- has a knowledge of which transactions and events related to ownership and equity may result in taxation
- has a knowledge of key rules for determining the basis for inheritance tax, calculating inheritance tax and determining the input value for tax purposes for the recipient in connection with intergenerational transfer
- has a knowledge of the rules for deductions in tax payable
- has a knowledge of the rules for calculating employers’ National Insurance contributions
- has a knowledge of the tax payment system, tax and assessment administration
- has overall knowledge of tax planning, as well as knowledge of key rules for setting aside the declared basis, including knowledge of the boundaries between legal tax planning, ethically questionable tax avoidance and illegal tax evasion
- has a knowledge of legislation on value-added tax and inheritance tax related to business activities and companies


Skills
- can determine which income is taxable and which expenses are deductible, and specify correct periods relating to business enterprises and self-employed persons
- can determine the basis for taxation of business owners: Owners of sole proprietorships, shareholders and participants in general partnerships, as well as calculate tax consequences of ownership/participation
- can calculate tax expense, tax payable and deferred tax for limited-liability companies
- can handle the conversion of a sole proprietorship (EPF) to a limited-liability company (AS) in the context of taxation
- can evaluate tax consequences of a transfer of business
- can evaluate an enterprise’s situation in terms of value-added tax
- can handle common transactions in terms of value-added tax

General competence
The student
- can apply legislation and regulations in dealing with tax issues
- can update and acquire new knowledge within tax law
- can convey key subject matter through relevant forms of expression
- can exchange points of view and experiences with other professionals
- can reflect on ethical issues within the course
- can see the course in a broader context from a societal perspective

Learning methods and activities

Lectures, own work with the literature, sources of law and assignments.

Further on evaluation

The examination is offered only in the ordinary examination period each semester. Approved calculator regarding NTNUs support material code B-D "specific basic calculator". Other calculators that are allowed in the course are: Casio FC-100V and Texas Instruments - BAII Plus.

Examination aids: Norges lover (Norwegian statutes), official printed versions of laws/regulations without comments, Norsk skattelovsamling (compilation of Norwegian tax laws), approved calculator type 2 in accordance with applicable calculator regulations at NTNU Business School.

Specific conditions

Admission to a programme of study is required:
Business Administration (BØA)
Business Administration (ØABACHELOR)
Science in Accounting and Auditing (ØABACHBRR)

Required previous knowledge

BBOA 2010 Tax Law I

Course materials

The reading list will be available at the start of the semester. Preliminary reading list:

Olsen and Vigdal: Skatterett for økonomistudenter og tilhørende oppgavebok, 2. utgave, Fagbokforlaget, 2018.

Kristoffersen, Trond: Lærebok i merverdiavgift, siste utgave, Fagbokforlaget.

Kristoffersen, Trond, Merverdiavgift, oppgavebok med løsninger, Fagbokforlaget, latest edition.

Skattelovsamling / studentskattelovsamling (compilation of tax laws for students) published in 2018 or 2019.

Material that has been covered in lectures, as well as assignments, notes and other material posted on the course pages in Blackboard.

Recommended supporting literature: Skatte-ABC (available at www.skatteetaten.no) and Merverdiavgiftshåndboken (available at www.skatteetaten.no). Material that is available upon registration as a student from Gyldendal Rettsdata.

Credit reductions

Course code Reduction From To
BØA2010 7.5 01.01.2014
BBRR2045 7.5 01.01.2014
BØA3045 7.5 01.01.2014
More on the course

No

Facts

Version: A
Credits:  7.5 SP
Study level: Third-year courses, level III

Coursework

Term no.: 1
Teaching semester:  SPRING 2021

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
NTNU Business School

Phone:

Examination

Examination arrangement: Written examination

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Autumn ORD Written examination 100/100 C 09:00 INSPERA
Room Building Number of candidates
Spring ORD Written examination 100/100 C 09:00 INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

More on examinations at NTNU