JUR 3677 Tax and Charge Law

JUR 3677 Tax and Charge Law

Course code: 
JUR 3677
Department: 
Law and Governance
Credits: 
7.5
Course coordinator: 
Ole Tellef Grundekjøn
Product category: 
Bachelor
Portfolio: 
Bachelor of Business Law - Programme Courses
Semester: 
2018 Autumn
Active status: 
Active
Teaching language: 
Norwegian
Course type: 
One semester
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 outcomes - 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.
Learning outcomes - Skills

After having completed the course the students shall

  • 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.
Learning Outcome - Reflection
  • The students shall have ethical reflections on tax liability and grey zones as regards depreciation rules and the legal possibilities for deferred tax.
Course content

The subject involves the main rules and methods for taxation of income from self-employment (regular company assessment), companies, corporations and partners. Personal taxation and capital tax will be discussed briefly. A few tax issues relating to conversions and restructuring will also be covered.

  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
Learning process and requirements to students

The course consists of lectures and assignment reviews by the lecturer.

The lectures will emphasize the parts of the syllabus that students usually find difficult. Assignments will be handed out throughout the course which will be reviewed in the subsequent lecture. Students are expected to study the text book and exercise book in between the lectures.

E-learning    
In course delivery as online courses or evening classes, will lecturer, in collaboration with the Academic Services Network and evening studies, organize an appropriate combination of digital and class room teaching. Online students are also offered a study guide, which will help progression and overview. Total recommended amount of time for completion of the course also applies here.

Software tools
No specified computer-based tools are required.
Additional information

No particular computer-based tools are used in this course, but the students will profit from searching sources in Gyldendal Rettsdata, Skatteetaten (in particular Lignings ABC which is freely available under "Publications" and Lovdata.

Qualifications

Higher Education Entrance Qualification

Required prerequisite knowledge

Finance and Managerial Accounting I, Finance and Managerial Accounting II and Business Law or similar courses

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
JUR36771
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination every semester
100Yes3 Hour(s)
  • BI-approved exam calculator
  • Simple calculator
  • Laws and regulations, including offprints of laws and law drafts
Individual
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:100
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • BI-approved exam calculator
  • Simple calculator
  • Laws and regulations, including offprints of laws and law drafts
Duration:3 Hour(s)
Comment:
Exam code:JUR36771
Grading scale:ECTS
Resit:Examination every semester
Exam organisation: 
Ordinary examination
Total weight: 
100
Workload activityDurationType of durationComment student effort
Teaching30Hour(s)
Review of assignments in plenary15Hour(s)
Prepare for teaching113Hour(s)Work on syllabus, assignments and preparation for lectures, exercises.
Self study39Hour(s)Preparation for the exam.
Examination3Hour(s)
Expected student effort:
Workload activity:Teaching
Duration:30 Hour(s)
Comment:
Workload activity:Review of assignments in plenary
Duration:15 Hour(s)
Comment:
Workload activity:Prepare for teaching
Duration:113 Hour(s)
Comment:Work on syllabus, assignments and preparation for lectures, exercises.
Workload activity:Self study
Duration:39 Hour(s)
Comment:Preparation for the exam.
Workload activity:Examination
Duration:3 Hour(s)
Comment:
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.