Course - Advanced Tax Law and VAT - BMRR4020
BMRR4020 - Advanced Tax Law and VAT
About
Examination arrangement
Course content
The course covers Norwegian income tax law for companies and business owners, with the main emphasis on specialization in selected issues. In addition, an overview of wealth taxation, key topics in VAT law and an introduction to Norwegian international tax law are included, as well as developments in international cooperation to prevent and combat tax evasion.
The course's position of function in the study.
The course will enable students to identify tax and excise law issues and legal sources, and to use the legal sources to derive rules for resolving tax and excise issues for companies and business owners. Students must be able to calculate the tax base for Norwegian tax and fee subjects. The course will enable students to make the necessary tax planning in connection with business transfers, mergers, demergers, etc. and other types of equity transactions in companies. The course will facilitate that the students in the course "valuation" can acquire knowledge about the valuation of tax positions in companies and in connection with shares. The course will provide a basis for reflection on tax moral issues related to the organization and restructuring of business.
Learning outcome
Knowledge:
At the end of the semester, the student has knowledge of:
- the Norwegian tax system and special knowledge of Norwegian corporate taxation
- the tax rules for joint stock companies and shareholders
- tax consequences of changes in equity and reorganisations
- the rules on the tax authorities' discretionary determination of taxable income between parties in a joint venture
- the main rules of Norwegian international tax law
- national and international rules to prevent double taxation and tax evasion
- has knowledge of Norwegian VAT Act with emphasis on:
- Taxable turnover, exemption from VAT and turnover that is exempt from the VAT Act
- Deduction for input VAT
- VAT and withdrawal of goods and services
- VAT and real property
- Has knowledge of central Supreme Court rulings on VAT.
Skills:
At the end of the semester, the student can:
- calculate tax and value added tax for Norwegian tax and duty subjects
- the student identifies and solves tax and excise issues using the legal method
- identify and account for tax purposes of issues related to pricing in communities of interest.
- Assess national and international rules for the prevention of international double taxation and tax evasion
- Reflect on ethical issues related to tax planning
- can calculate output VAT on sales and deductible input VAT on purchases of goods and services.
During the semester, the student can give a written presentation of a tax or VAT issue.
General competence:
Reference is made to learning objectives for general competence at program level, and the description of the course's position and function in the study program.
Learning methods and activities
Lectures and assignment seminars.
Further on evaluation
Submission of a project assignment of 15-20 pages that sheds light on a tax or fee issue within the course's academic content. The project assignment can be submitted individually or in groups of two people. The grade for the project assignment counts for 40% when determining the final grade. Written school exam 4 hours, which counts 60% when determining the final grade.
Aids for written exams:
Tax law collection, possibly a printout of laws and regulations from Lovdata.
Supporting material allowed on exams:
- 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.
The grade in the course consists of two assessments; a project assignment and a written exam. Students who want to improve the grade in the course can take the individual partial assessment they want. The course is only available to students who have been admitted to the study program Master in Accounting and Auditing (MRR).
Only ordinary exams both autumn and spring, no re-sit exams.
Specific conditions
Admission to a programme of study is required:
Accounting and Auditing (MRR)
Recommended previous knowledge
It is recommended that students have completed an introduction to tax law at bachelor level, 7.5 credits. For students without prior knowledge of tax law, an intensive seminar is offered at the beginning of the semester.
Course materials
Literature is stated at the beginning of the semester.
No
Version: 1
Credits:
7.5 SP
Study level: Second degree level
Term no.: 1
Teaching semester: AUTUMN 2023
Language of instruction: Norwegian
Location: Trondheim
- Economics and Administration
Examination
Examination arrangement: Written examination and work
- Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
- Autumn ORD School exam 60/100 C , LOVDATA 2023-11-29 15:00 INSPERA
-
Room Building Number of candidates SL322 Sluppenvegen 14 1 SL271 Sluppenvegen 14 1 SL310 hvit sone Sluppenvegen 14 5 SL311 orange sone Sluppenvegen 14 25 -
Autumn
ORD
Work
40/100
ALLE
Release
2023-11-17Submission
2023-11-24
10:00
INSPERA
14:30 -
Room Building Number of candidates - Spring ORD School exam 60/100 C , LOVDATA 2024-06-05 15:00 INSPERA
-
Room Building Number of candidates SL311 grønn sone Sluppenvegen 14 7 -
Spring
ORD
Work
40/100
ALLE
Release
2024-04-23Submission
2024-04-30
10:00
INSPERA
12:00 -
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.
For more information regarding registration for examination and examination procedures, see "Innsida - Exams"