Spanish Fiscal System

Materia G3061423 Spanish Tax System, ordinary of Grade RD 1393/2007, is taught in the first semester of the degree of the Degree in Economics, with 4.5 ECTS credits. The objective of the subject is to provide the student with knowledge about the General Tax Law, the evolution of the Spanish Tax System and personal taxation.

1.- Introduction to the Spanish tax system
2.- Main tax concepts
3.- Wealth tax
4.- Personal income tax
5.- Inheritance and donation tax
6.- Non-resident income tax
7.- Analysis and valuation of the tax costs of economic decisions in the field of personal taxes.

BASIC BIBLIOGRAPHY
The Tax Code, which includes Spanish tax legislation, a basic instrument of use for the student, of essential management, interpretation and understanding for the overcoming of the subject matter.
In addition, the student has the possibility to obtain the full texts of the different tax laws through the website of the State Agency of Tax Administration: www.aeat.es or the BOE: www.boe.es

ALBI, E., PAREDES, R. and RODRÍGUEZ, J. (latest edition) (2017): Spanish Tax System, I, Ed. Ariel. Barcelona.
ALBI, E., PAREDES, R. and RODRÍGUEZ, J. (latest edition) (2017): Spanish Tax System, II, Ed. Ariel, Barcelona.

COMPLEMENTARY BIBLIOGRAPHY
SQUARE, J. and OTHERS (2010): Economic policy: elaboration, objectives and instruments. latest edition. McGraw-Hill. Madrid.
MANKIW, G. (2016): Economics Principles.Ed. McGraw-Hill, NY.

Complementary literature will be provided during the course.

Competencies of the degree to which the subject contributes:
• To be able to identify, gather and interpret relevant data on economic issues, incorporating in the elaboration of judgments and proposals the relevant considerations on their social, scientific or ethical dimension.
• To identify information, ideas, problems and proposals for solutions to economic issues, making use of both verbal and written language and the means and techniques of representation of relationships and presentation of data that are used in economics.
• Possess the general knowledge of economics and learning skills necessary to continue studying and to undertake specialized studies in economics and other related areas, with a high degree of autonomy.
• Knowledge of national and international economic reality, productive sectors, public sector, economic institutions and their evolution.
• Public economy: nature, justification and objectives of public sector intervention in the economy: public finances, taxation, social services, health, education, etc. The development of economic policies.
• Contribute to the good management of the allocation of resources, both in the private and public spheres.
• Acquisition of objective management and project management skills.

Specific competencies:
• Know the essential contents of personal taxation of both residents and non-residents. Corporate taxation will be studied in the subject matter Spanish Tax System: Corporate Taxation
• Analyse and understand personal taxation with a practical approach, integrating legislation and jurisprudence, an alternative for tax planning and assessing the impact of personal taxes on the efficiency and fairness of taxpayers.
• Predict the effects of tax reforms in order to assess their consequences and minimize the tax cost.
• Assess the tax cost of the different alternatives when making decisions, to optimize taxation.
• Make wave of personal tax settlements.

To acquire the capacity in the management of legislation and the various sources of information, the student will have - in the virtual classroom - links to pages of basic regulations and other legislative sources, consultations, jurisprudence, etc., to facilitate their study, through the database of the USC library.

Is about enhancing the autonomous learning of students, including feedback and self-assessment elements, with tests through the virtual campus, job delivery, participation lists, etc. The time spent on remote tasks will, in any case, be proportionate to the subject matter and materials used must comply with intellectual property and data protection regulations.

Taking into account the teaching methodology described in the previous section, the evaluation combines interactive and exhibition activity.

• The relationship of the different evaluable activities throughout the course, their weighting and follow-up will be indicated in the teaching guide of the subject that will be published in the virtual classroom at the beginning of the course.

The evaluation of the students will be carried out through an ongoing process in which several partial tests will be carried out during the quarter, so that they can show in addition to the knowledge acquired, aspects such as clarity and exhibition capacity, mastery of the terminology of the subject or its active participation. These tests will be liberating, provided that the student exceeds 40% of each of them and the mean is equal to or greater than 5.

If not any of the above tests, or having not passed any, the student must take a final exam, consisting of the parts examined and pending or those not examined. At least 40 % of the parties shall be exceeded in this examination if the mean is 5 or above.

Students who have already been examined in previous courses of the subject may express their option to go only to the final exam, as well as exchange students or with a class attendance, under the conditions set out in the previous section. In this case, the test note will represent 100% of the final qualification.

Students must devote the necessary time of personal work in the study of the subject, evenly distributed throughout the course and not concentrated in the days leading up to the exam.

In-person work in the classroom, divided among exhibition groups, interactive, computer classes, tutoring, etc., a total of 45, which will require persoal and autonómo work of the student, writing exercises, resolution of tax assumptions, readings, etc. a total of 67.5 hours of individual and / or group work.

It is recommended to attend class -physical or virtual-, the management of the basic literature and the consultation of the complementary bibliography that will be indicated for each topic; active participation and the implementation of the proposed activities.

In response to this program, the student must know and understand the national and international economic reality, the public sector, economic institutions and their evolution, being necessary basic elements of accounting, models and techniques of representation of economic reality, in order to advance in the field of the public economy and in the elaboration of economic policies.

In this way, beyond the previous subjects of the degree and this same, the graduate must be able to contribute to the good management of the allocation of public and private resources, evaluate the consequences of the different alternatives of action and select the best ones, to achieve a goal. Prepare or issue advisory reports on specific situations of the international, national or regional economy. Obtain from the data relevant information that is not easy to recognize by a non-professional, and apply to the analysis of problems, professional criteria, based on the management of technical instruments typical of the economy.