FINANCIAL LAW AND FINANCIAL SCIENCE:
Katedra za financijsko pravo i financijsku znanost English
Financial Law and Financial Science
Study: Law - 5. semester
Code: 146363
ECTS: 8.0
Course coordinators: prof. dr. sc. Hrvoje Arbutina
doc. dr. sc. Jasna Bogovac
Lecturers: Nevia Čičin-Šain - Lectures
Basic data
Financial Law and Financial Science Law - 5. semester
8.0 146363
Lecturer in charge Consultations Location
prof. dr. sc. Hrvoje Arbutina

Wednesday 13 - 14:30 (ĆM 4, office 8, ground floor)

Ćirilometodska 4, room 8
doc. dr. sc. Jasna Bogovac

Tuesday, 13,00 - 14,00

Other timing with prior announcement to: jbogovac@pravo.hr

Ćirilometodska 4, room Ćirilometodska 4, room 9
Lecturer Consultations Location
Nevia Čičin-Šain (Lectures)
Literature
General Tax Act;
Corporate Income Tax Act;
Personal Income Tax Act;
Value Added Tax Act;
OECD Model convention with respect to taxes on income and on capital;
OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations;
Council Directive 2003/123/EC of 22 December 2003 amending Directive 90/435/EEC on the common system of taxation applicable in the case of parent companies and subsidiaries of different Member States;
Directive 2005/56/EC of the European Parliament and of the Council of 26 October 2005 on cross-border mergers of limited liability companies;
Council Directive 2003/49/EC of 3 June 2003 on a common system of taxation applicable to interest and royalty payments made between associated companies of different Member States;
Council Directive 2014/48/EU of 24 March 2014 amending Directive 2003/48/EC on taxation of savings income in the form of interest payments;
Council Directive 2011/16/EU of 15 February 2011 on administrative cooperation in the field of taxation;
Council Directive 2010/24/EU of 16 March 2010 concerning mutual assistance for the recovery of claims relating to taxes, duties and other measures;
Arbutina, Hrvoje; Bogovac, Jasna; Tax Law // Introduction to the Law of Croatia; Kluwer Law International (2014), str. 481-503
Croatian Tax Administration web sites (English version); http://www.porezna-uprava.hr/en/Pages/default.aspx;
http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=URISERV%3Al31052; EU Commission of the European Communities, Communication from the Commission to the Council, the European Parliament and the European Economic and Social Committee, Dividend taxation of individuals in the Internal Market, Brussels, 19.12.2003, COM(2003) 810 final;
Čičin-Šain, Nevia; Cindori, Sonja; Article: PROPOSED AMENDMENTS TO THE EU TAXATION SYSTEM OF INCOME DERVING FROM INTEREST, Nevia Čičin-Šain, mag. iur., LL.M., Sonja Cindori, Ph.D., Assistant Professor;
Charles Adams; For Good and Evil: The Impact of Taxes on the Course of Civilization 2001; (2001)
Rogić - Lugarić, Tereza; Čičin-Šain, Nevia; Financing CommunaL Services in view of good governance: The Case of Zagreb Holding; Bruylant, Bruxelles (2016), str. 393 - 427
Description
- in this course students will learn principally about the Croatian Tax Law system. However the first couple of lectures will be dedicated to financial law in general - its main components and basic structure in order for the students to better understand the place and role of taxes in the State s finances.
- individual tax forms will be studied - personal income tax, corporate income tax, value added tax - both on a theoretical and practical level
- this course will also introduce the students to the influence of the European Union s legislation and case law of the Court of Justice of the European Union on national tax laws. Special attention will be paid to the concept of abuse of tax law and measures that the national tax law systems provide in order to counter abusive practices. However, in the European Union these provisions must be in accordance with EU law. Therefore, a part of this course will deal with different concepts of abuse which derive from CJEU case law.
- in order to prepare the students for a more international business environment the course will also have some lectures dedicated to the OECD model treaty convention for elimination double taxation. The treaty model of the OECD serves as the basis for most existing tax treaties worldwide. Taking it as a starting point, the lecture aims to provide the necessary understanding for a systematic approach to the legal field of tax treaties in general. It discusses basic issues such as the scope of tax treaties, their distributive rules and the methods available to eliminate double taxation, as well as other important treaty rules, including the prohibition of discrimination, the mutual agreement procedure, and the exchange of information
- also the course will offer some insight into the Croatian tax law procedure as well as the budgetary cycle, that is how the budget is formed and executed each year.
Exam dates
Detailed data
Cognitive Skills:

- define, identify and describe the structure of Financial Law and its individual components;

- identify and define key elements of individual tax forms (e.g. personal income tax, corporate income tax, value added tax)

- apply and use theoretical and practical knowledge of the key elements of certain forms of taxation;

- define the concept of abuse of law in the context of European and Croatian law

- understand the structure and elements of procedures and instruments in the implementation of taxation; recognize the different procedures and instruments in the implementation of taxation

- calculate and analyse the amount of tax liability;

- analyse the fundamental principles of the Tax Law procedure;

- analyse and categorize the conditions for application of the Tax Law institutes;

- be familiar with the basics of European Tax Law and the cases in front of the CJEU

Practical and Generic Skills:

After successfully mastering the course, students will be able to:

- apply and present learning outcomes in everyday work;

- independently or as a team member responsibly face and solve everyday tasks;

- participate in a discussion in an argumented manner;

- develop communication skills;

- imprive the ability to monitor and understand individual media reports related to the area;

- assess and consider the needs and possibilities for further training and lifelong learning.

Matching Assessments to Learning Outcomes:

Forms of evaluation:

- oral examination

- written mid-term examination (composed of multiple choice questions and essay questions in which it is necessary to explain certain concepts, complete sentences, present current legal solution)

- seminar paper and presentation (independently choose and analyse a topic from s theoretical and/or practical aspect and present it)

- mid-term in practical work (solving problem-oriented tasks).