The relationship between accounting and taxation is fundamental in the management of companies and other types of organisations. Therefore, its knowledge is necessary to work, whether in the business world, in the world of the Public Administrations, etc.



Although it is an indifferent course, it is contextualised in the last years of the corresponding degree, given the need to have the accounting concepts of the first courses well established.



Its objective is to analyse the relationship between the accounting of the entity and the tax system applicable to it. Accounting treatment of the main taxes that affect businesses. Determination of the economic result as a dependent variable of the tax regulation of the tax on profits. Accounting for adjustments between profit and taxable income.

COMPETENCES of the COURSE



During the development of the subject, students must gradually acquire the following skills:



- Understand the different interpretation of business operations in the economic and tax fields.



- Design work protocols for the determination of the economic and tax result.



- Use models for calculating the tax accrued and the tax liability.



- Present the information on the tax situation in the annual accounts.



LEARNING OUTCOMES



Once the subject has been completed, students should have acquired a series of competences that enable them to:



- Reason about the accounting management of business phenomena dependent on tax regulations.



- Develop the models for calculating and presenting business results and net worth affected by tax legislation that are used in the professional world.





To this end, the KEY COMPETENCES FOR SUSTAINABILITY will also be developed. (https://unesdoc.unesco.org/ark:/48223/pf0000252423)



Systems thinking competence: the skills to recognise and understand relationships; to analyse complex systems; to think about how systems are integrated across domains and scales; and to think about how systems are integrated across domains and scales. and to deal with uncertainty.



Anticipation competence: the skills to understand and evaluate multiple future scenarios - the possible, the probable and the desirable

desirable; to create one's own visions of the future; to apply the precautionary principle; to evaluate the consequences of actions; and to deal with the

consequences of actions; and to deal with risk and change.



Normative competence: the skills to understand and reflect on the norms and values that underlie our actions; and to negotiate sustainability values, principles, objectives and goals in a context of conflicting interests and trade-offs, uncertain knowledge and contradictions.



Strategic competence: the skills to collectively develop and implement innovative actions that promote sustainability at the local level and beyond.



Collaborative competence: the skills to learn from others; to understand and respect the needs, perspectives and actions of others (empathy),

to understand and respect the needs, perspectives and actions of others (empathy); to understand, empathise and be sensitive to others (empathetic leadership);

to deal with conflict in groups; and to facilitate collaborative and participatory problem solving.



Critical thinking competence: the ability to question norms, practices and opinions; to reflect on one's own values, perceptions and actions; and to take a stand in the sustainability discourse.



Self-awareness competence: the ability to reflect on one's role in the local community and (global) society; to constantly evaluate and drive one's own actions; and to deal with personal feelings and desires.



Integrated problem-solving competence: the general ability to apply different problem-solving frameworks to complex sustainability problems and to devise equitable solution options that foster sustainable development, integrating the above competences

The contents of the subject, at the level of large blocks, can be presented as follows. In all of them, there is a theoretical presentation of the concepts that is complemented with practical examples, developed by the teaching staff and by the students themselves.



1st) Accounting for direct taxation on profit.



a. The new accounting model. Tax information in the annual accounts.



b. General tax and accounting scheme of corporate income tax. Different tax regimes. Tax rates.



c. Income and expenses: different accounting and tax nature. Permanent differences.



d. Temporary differences. Accounting and tax policies on depreciation, impairment, provisions and recoveries. Temporary differences arising from income and expenses recognised directly in equity.



f. Accounting for tax loss carryforwards and deductions not taken in taxable income.



g. Accounting for changes in tax rates and the average tax rate.



h. Accrual of tax benefits: deductions and negative permanent differences.



i. Other areas of income tax accounting. Exchanges, instalment sales and others.



2º) Accounting for indirect taxation.



a. Accounting aspects of indirect taxation.



b. VAT accounting: transactions, pro-rata rule, exports, imports and intra-Community transactions.

Master Classes:

Explanation and development of the basic concepts and the tools and techniques that students must know in order to achieve the proposed knowledge objectives.



Classroom practicals:

Proposal and resolution of problems and assumptions in order to fix the concepts developed in the master classes. To this end, practical cases will be proposed, many of which will be solved during class time, leaving others for students to solve outside the classroom.



Seminars:

The teaching staff will propose the carrying out of tasks, so that students can develop the objectives and competences of the subject in practical terms.

• Final Assessment System
• Tools and qualification percentages:
  • Written test to be taken (%): 80
  • Team projects (problem solving, project design)) (%): 15
  • Exhibition of works, readings ... (%): 5

Evaluation:

ordinary final exam:



The final written exam will have a weighting of 80% of the total of the subject. Seminars and practicals, 20%.



In order to pass the examination or ordinary exam, the final written exam must be passed.



Students who cannot participate in the continuous assessment system may accredit the achievement of knowledge and skills inherent to the subject through a single final exam, which will comprise 100% of the grade for the subject, and must pass 50% of the total grade set in the same.

Extraordinary exam:



Whoever has not passed the ordinary exam, must sit a final exam valued at 100% of the final mark.



Those who do not take the continuous assessment will take the exams with 100% of the final mark.

Basic bibliography

Royal Decree 1514/2007 of 16 November 2007, approving the General Accounting Plan and its updates.



Royal Decree 1515/2007, of 16 November 2007, approving the General Accounting Plan for Small and Medium-sized Companies, and its updates.



Royal Decree 1159/2010, of 17 September, approving the Rules for the Preparation of Consolidated Annual Accounts.





Law 27/2014 of 27 November on corporate income tax and its updates.



Royal Decree 1777/2004, of 30 July, approving the Corporate Income Tax Regulations.



Provincial Regulation 11/2013 (Bizkaia), of 5 December on corporation tax and its updates.

In-depth bibliography

ALVAREZ MELCÓN, Sixto y GARCÍA-OLMEDO DOMÍNGUEZ, R.: "Contabilidad y fiscalidad: Impuesto sobre
Sociedades e IVA". CEF. Madrid (6ª ed, 2013).

AYATS VILANOVA, Anna. Comentarios y casos prácticos de contabilidad fiscal: IS e IVA. Ed CEF.(2019).

MARTÍNEZ ALFONSO, Antonio P. y LABATUT SERER, G. : "Casos prácticos del PGC y PGC-PYMES y sus
implicaciones fiscales)". CISS. Madrid (6ª ed, 2022).

MARTÍNEZ ARIAS, A. y FERNÁNDEZ RODRÍGUEZ, E.: "Contabilidad de los impuestos empresariales". Consejo General de Colegios de Economista de España, Madrid (2011).