Curricula

Objective

The object of the course:
From the perspective of the company and its owners, mastering taxation is important. When you complete this course, you will understand the significance of taxation for the company and its owners, be able to calculate taxable income and net worth from financial statement data, and calculate the tax on corporate income for owners by type of business. You will also be able to calculate the most advantageous profit distribution from a taxation perspective. You will be able to utilize the possibilities of financial statement planning in tax planning.

Course competencies:
Business competence: The student knows the central theories related to this specialisation option. The student possess at least an advanced beginner’s skills in the practical tasks of the specialisation option.
Learning to learn: Is able to acquire, critically assess and appropriately apply the national and international knowledge base and practices of their field.
Ethics:  Is able to take responsibility for their own actions and their consequences and reflects on them in accordance with the ethical principles and values of their field.

The learning objectives of the course:
You are familiar with the legislation on direct taxation of companies and understand taxation as part of financial management. You grasp the overall tax system and can anticipate the tax effects of different actions. You can calculate taxable income and anticipate the tax effects of different actions.

Content

Central tax legislation, income tax system, business forms and owners in taxation, business taxation, financial statement planning.

Qualifications

Basics of taxation, Basics of financial statements.

Assessment criteria, satisfactory (1)

Adequate 1
You understand the significance of tax planning for a company. You know the means of tax planning in main points. You can prepare a conventional taxable income calculation.

Satisfactory 2
You understand the significance of tax planning in Finland. You can provide examples of the most common means of tax planning. You can calculate the tax determined for the owner in a conventional situation.

Assessment criteria, good (3)

Good 3
You have a picture of the possibilities for tax planning in Finland. You can make the most commonly used tax planning solutions and calculate the tax for owners based on them by company type.

Very good 4
You have a broad picture of the means of tax planning in Finland. You can do the company's tax planning and calculate the tax for the owner based on it by company type.

Assessment criteria, excellent (5)

Excellent 5
You have a comprehensive understanding of the means and opportunities for tax planning in Finland. You are able to independently and purposefully carry out tax planning for the company and the owner, and calculate the resulting taxes.