The course constitutes an overview of documents and mechanisms of the VAT. The course is designed to show the legislation and the case law of the European Court of Justice and the relationship between the financial sovereignty and economic integration. The course is also designed to familiarise the student with tax regulations of European Union and their effects in the domestic tax systems. This course constitutes the basic regulations concerning the VAT and basic information about the Single Financial Market of the European Union.
1. Concept and Functions of Tax System. Harmonisation of Taxes in the EU.
2. Characteristic of VAT.
3. Territorial scope.
4. Taxable persons.
5. Taxable transactions.
6. Place of taxable transactions.
7. Chargeable event and chargeability of VAT.
8. Taxable amount.
9. Rates. Exemptions.
12. Obligations of taxable persons and certain non-taxable persons.
13. Special schemes.