Course Code: FB2203 • Study year: II • Academic Year: 2022-2023
Domain: Finance • Field of study: Finance and Banks
Type of course: Compulsory
Language of instruction: English
Erasmus Language of instruction: English
Name of lecturer: Sorin-Ciprian Teiușan
Seminar tutor: Ionela Cornelia Cioca
Form of education Full-time
Form of instruction: Class
Number of teaching hours per semester: 56
Number of teaching hours per week: 4
Semester: Summer
Form of receiving a credit for a course: Grade
Number of ECTS credits allocated 5

Course 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 Entry Requirements:


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.

Teaching methods:

Lecture, explication, conversation, exemplification, exercise, case study

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.

Learning outcomes verification and assessment criteria:

• 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:

ACCACE, Tax Guideline for Romania, , Bucharest , 2019 , (on www)
KPMG, Romania - Income Tax, , Bucharest , 2019 , (on www)
PWC, Romania Corporate - Taxes on corporate income, , Bucharest , 2019 , (on www)
European Commission, Taxation Trends in the European Union, , Luxembourg , 2019 , (on www)
European Fiscal Board, Assessment of EU fiscal rules, , Brussels , 2019 , (on www)