Course FB2203 · Year II · Summer 2025-2026

FISCAL SYSTEM

Compulsory course in Finance and Banks, taught by Sorin-Ciprian Teiușan.

This course page is from 2025-2026 and is archived.
See this course for the current academic year

Overview

Lecturer
Sorin-Ciprian Teiușan
Seminar tutor
Ionela Cornelia Cioca
Type of course
Compulsory
Language of instruction
English
Erasmus language
English
Domain
Finance
Field of study
Finance and Banks
Form of education
Full-time
Form of instruction
Class
Credit awarded by
Grade
Teaching methods
Lecture, explication, conversation, exemplification, exercise, case study
Entry requirements
None

Aims

Acquiring the knowledge specific to taxation, expressed through the knowledge, understanding and use of the specific language, as well as by explaining the issues raised;

Training and development of students' ability to use tax legislation;

Training of skills regarding calculation of taxes and fees;

Developing the students’ capacity of management of taxes and fees;

Training the skills of analysis and interpretation of the information provided by the tax records.

Course contents

1. Introduction to fiscal system; 2. Tax on incomes of micro-enterprises; 3. Profit tax; 4. Tax specific to certain activities; 5. Income tax; 6. Value added tax; 7. Excises; 8. Local taxes and fees.

Learning outcomes

• To define the concepts used by fiscal system; • To explain the methodology for calculation of taxes and fees; • To calculate taxes and fees.

Assessment

• Evaluation criteria: level and accuracy of knowledge, scientific rigor of language; • Evaluation methods: oral examination (80% of the grade), students' assessments (20% of the grade)

Recommended reading

Tax Guideline for Romania
ACCACE
https://accace.com/tax-guideline-for-romania/, Bucharest, 2019 · (on www)
Romania - Income Tax
KPMG
https://home.kpmg/xx/en/home/insights/2011/12/romania-income-tax.html, Bucharest, 2019 · (on www)
Romania Corporate - Taxes on corporate income
PWC
http://taxsummaries.pwc.com/ID/Romania-Corporate-Taxes-on-corporate-income, Bucharest, 2019 · (on www)
Taxation Trends in the European Union
European Commission
https://ec.europa.eu/taxation_customs/sites/taxation/files/taxation_trends_report_2019.pdf, Luxembourg, 2019 · (on www)
Assessment of EU fiscal rules
European Fiscal Board
https://ec.europa.eu/info/sites/info/files/2019-09-10-assessment-of-eu-fiscal-rules_en.pdf, Brussels, 2019 · (on www)