Course ID 17MSA12
Programme
  • International Business and Finance
ESPB 7
Number of classes 3+3
Semester 3
Status Optional
Course objective is to familiarize students with the way in which the tax policy of individual countries influences both the movement of capital in international frameworks and decisions on investment flows. In addition, students will be introduced to the very complex issues of international double taxation, as well as the possibilities and limitations of tax competition and the need for tax harmonization in a globalized business environment and in a single market.
Students will be able not only to master the process of taxation in the global market, but also to manage the business policy of the company when deciding on entering the international market. In this regard, students will be able to take advantage of the possibility of minimizing tax liabilities and increasing the financial performance of operations on this basis.
Theoretical training
• Taxation and international capital flows;
• Double taxation; definition, types and avoidance;
• Tax competition and tax harmonization;
• Tax structure and tax policy of the European Union;
• Harmonization of indirect taxes in the European Union;
• Tax reforms and tax systems of countries in the region.
Practical training
• Sase studies;
• Essays.
Ristić, K., i Ristić, Ž. (2016). Međunarodne javne finansije i budžetska politika Evropske unije. Beograd: Etnostil.
Šimović, J., i Šimović, H. (2006). Fiskalni sustav i fiskalna politika EU. Zagreb: Pravni fakultet.
Karmaker, K., & Martinez-Vasques, J. (2014). Fiscal Competition versus Fiscal Harmonization: A Review of the Arguments. International Centre for Public Policy.
Lectures and practice classes, case studies, discussions, presentation of examples from professional practice.
Assessment (maximum number of points 100)
Exam Requirements 55 points Final exam 45 points
Attendance 5 Written exam 45
Ongoing assessment 30 Oral exam
Class participation 10    
Practice: 10    
Array

Practice classes