| Module Identifier | AC32510 | ||
| Module Title | TAXATION | ||
| Academic Year | 2000/2001 | ||
| Co-ordinator | Professor Kevin Holland | ||
| Semester | Semester 2 | ||
| Course delivery | Lecture | 12 Hours | |
| Seminar | 4 Hours | ||
| Assessment | Exam | 2 Hours | 80% |
| Essay | The assessment will be handed out in the first lecture | 20% | |
Objectives
The module is designed to provide students with the necessary knowledge to apply some of the main provisions of the UK tax system and appreciate the principles underlying the design and impact of a taxation system. The module focuses on four aspects of taxation: the mechanics of the UK tax system, the influence of taxation on decision making, the impact of taxation on the functioning of capital markets, and the role of interstate organistions in managing the interactions between taxing jurisdictions (international taxation).
Readings: see detailed module outline at:
http://www.aber.ac.uk/smba/english/current/ac32510.htm
Learning outcomes
On completion of the module the student should be able to:
1. Describe and apply the basic rules of UK taxation, in particular those relating to income tax, capital gains tax, corporation tax, Inheritance tax, value added tax.
2. Evaluate current bases of taxation in terms of their efficiency, equity and cost of compliance.
3. Critically discuss the possible influences of taxation on the functioning of capital markets.
4. Identify and critically disucss the key issues in taxation at the inter-state level.