TAX LAW FOR FINANCIAL BUSINESS
The aim of the course is to provide a general knowledge of the evolutionary lines of the Italian tax system regarding principles, categories and institutes. In particular, the focus will be on examining the complexity of rules governing the taxation of financial assets and their application by financial intermediaries in order to gain knowledge of the characteristics and problems inherent in the taxation of major financial products, Reference to direct taxes and replacement
Constitutional principles in the field of taxation. The structure of the tribute. Classification of taxes. Substantive, procedural and procedural rules. The Income Tax System. IRPEF and IRES. Financial taxation and its categories. Capital Income and Different Income: definition, determination and determination. Principle of attraction of corporate income. Debt instruments and equity instruments. The role of financial intermediaries. The system of withholding tax: substitution tax and withholding tax and withholding tax. Declarative Regime, Saved Savings and Managed Savings. Tax and anti-money laundering monitoring.
Constitutional principles in the field of taxation.
The structure of the tribute. Classification of taxes.
Substantive, procedural and procedural rules.
The Income Tax System. IRPEF and IRES.
Taxation of financial income: historical-normative evolution. The definition of financial income as a distinct category: a study hypothesis. The role of financial intermediaries. The withholding system: substitute taxation and withholding taxes as an advance payment.
Taxation schemes for financial income. Capital income. Different income of a financial nature. The main problems of the current structure.
The collective investment schemes.
Declarative regime, administered savings and managed savings. Individual savings plans.
The course includes frontal lessons during which the themes of the program are discussed. The teaching material is also available through the Moodle e-learning platform, in which, in addition to the presentations used during lessons, it is also possible to find additional material for thematic insights.
For the I module we recommend to consult one of the following texts of your choice
1) Boria P., Diritto tributario, Giappichelli, u.e.
2) De Mita E., Principi di diritto tributario, Giuffrè, u.e.
3) Falsitta G., Corso istituzionale di Diritto Tributario, Cedam, u.e.;
4) Falsitta G., Manuale di diritto tributario. Parte generale e parte speciale, Cedam, u.e.
5) Fantozzi A. (a cura di), Diritto Tributario, Utet, u.e.
6) Melis G., Lezioni di diritto tributario, Giappichelli, u.e.
For the II module will be the teacher's care to provide students with the Moodle e-learning platform, slides on course topics and in-depth material.
Verification of learning requires an oral examination in order to evaluate the student's achievement of the learning objectives. During the oral examination, students will have to demonstrate that they have gained basic knowledge of the functioning of the Italian tax system, with particular regard to the issues related to the taxation of financial assets. The vote allocated to the oral hearing shall be expressed in thirty-five.
Knowledge and understanding: the student must demonstrate understanding of the functioning of the Italian tax system as well as issues related to the main issues related to the taxation of financial assets. In order to provide the aforementioned knowledge in addition to the didactic front, the teacher provides support and insight material, made available through the e-learnig "Moodle" platform.
Ability to apply knowledge and understanding: the learner, on the basis of the acquired knowledge, develops an attitude towards the learning of legal analysis in the field of taxation that enables him to frame and interpret the main issues inherent in the taxation of financial activities. Achieving skills in applying the aforementioned knowledge is also done through critical reflection on doctrine articles or judgments on case studies that will be taken in the classroom during class attendance or through tutoring, in Reception venue, for non-attending students.
Autonomy of judgment: the student must be able to express the acquired knowledge critically and demonstrate the ability to deepen them even independently by applying them to specific areas of interest, such as, for example, some cases of taxation of financial assets. These results will be achieved through the combined use of several teaching tools such as discussion of case studies, tutorials and group work.
Communicative skills: The student assimilates a legal language with specific terms of the tax law that allow him to describe and represent the main issues discussed. Such results will be achieved during the course of the discussion of the specific topics in the classroom or during tutoring and verified during the oral interview for examination purposes.
Learning skills: The student develops a competence to understand, evaluate and use the acquired information. Through logical-legal reasoning the student is able to critically evaluate his / her own knowledge, contextualize the issues related to the taxation of financial activities and examine any case studies under his / her attention. These results are achieved in the study and in-depth study dedicated to the specific subject.