APPLIES TO ACADEMIC YEAR 2016/2017 Norwegian version

JUR 3677 Tax and Charge Law

Responsible for the course
Ole Tellef Grundekjøn

Department
Department of Law

Term
According to study plan

ECTS Credits
7,5

Language of instruction
Norwegian

Introduction
The course shall give the students an adequate understanding of taxation so that they can identify important issues particularly in corporate taxation and in reorganizations. A brief summary is given of the tax liability to Norway, international tax law and the role of tax treaties. The students shall learn to find the main sources of law, keep track of amendments and be able to apply important methods.

This course overlaps with JUR 3601 Tax and Charge (15 ECTS) which is part of the certified accountant program. The students taking this program may not choose this course as an elective.

Learning outcome
Acquired knowledge
During the course the students shall:

• Acquire knowledge about terminology, sources of law and interpretation of tax laws.
• Develop in-depth knowledge on tax liability, the tax payment system and tax assessment management
• Gain an understanding of the main rules on value-added tax

• Understand tax accounts and the terms tax cost, deferred tax and tax payable
• Be able to assess depreciations and provision for taxes
• Be able to define which tax rules apply for the various company types
• Know the tax rules for tax-exempt and taxable company conversions

1. Terms, sources of law and statutory interpretation
2. Taxation system and tax assessment management
3. Tax liability to Norway, residence, immigration and emigration
4. Company taxation (business activity), depreciations and provisions for taxes
5. The enterprise modell for sole proprietorships
6. Taxation of limited companies, corporations and shareholders
7. Taxation of participants in general partnerships, etc.
8. Taxable property
9. International tax law (review)
10. Tax-exempt and taxable reorganizations
11. Value-added tax, basic principles and main rules