Knowledge and understanding
After successfully completing the course, students will be able to:
- define taypes of taxation of transactions;
- indicate specific characteristics of VAT as a net multistage tax;
- describe and recognise specific characteristics of basic system categories such as: taxpayer, tax rate, object of taxation, place of taxation and tax base;
- explain the difference within basic categories such as: place of taxation with regard to place of delivery of goods and services, period of taxation, deduction, correction and distribution of pre-tax, threshold of acquisition, threshold of delivery and threshold of entry into VAT taxation system.
Application
After successfully completing the course, students will be able to:
- independently demonstrate specific characteristics of VAT;
- express opinion and critical evaluation of the legislative regulation in the Republic of Croatia;
- recognise specific characteristics and differences with regard to EU directives from this area;
- apply theoretical knowledge about concepts and procedures in calculation of problem tasks.
Analysis
After successfully completing the course, students will be able to:
- categorise and analyse each category of taxation;
- compare different categories of taxation and analyse specific features;
- calculate VAT within each category;
- distinguish between subsystems of special taxation procedures.
Synthesis
After successfully completing the course, students will be able to:
- construct a generalpicture and distinguish between direct and indirect manners of taxation;
- formulate the relation between elements of taxation horizontally and vertically;
- prepare several alternative manners of solving problem tasks;
- discuss theoretical and practical knowledge about specific characteristics of VAT taxation and support statements with arguments.
Evaluation
After successfully completing the course, students will be able to:
- connect theoretical settings of taxation with specific characteristics of VAT;
- assess the level of adjustment with international standards (EU directives),
- independently interpret legislative solutions and their reflection in practical application;
- propose and explain logical solutions of problem tasks and connect them with theoretical settings.
After successfully completing the course, students will be able to:
- prepare a paper containing the description and explanation of concepts and definition of value added tax;
- creatively use and assess acquired knowledge and skills;
- express themselves argumenting the facts and categorising potential doubts;
- demonstrate and apply acquired knowledge in writing;
- practically approach solving problem tasks independently and/or in team work.
- for learning outcomes related to knowledge, understanding and application students will be tested by mid-term examinations, multiple choice questions.
- for learning outcomes related to application, interpretation and illustration of knowledge students will be tested by mid-term examination, questions of an essay type.
- for learning outcomes through which the students acquire ability of critical evaluation base don knowledge and understanding, application, analysis and synthesis, students will be tested in practical work.
- learning outcomes from all groups will be assessed through oral examinations.
