Financial Law 2400-FIM3FL
Scope of the lecture:
1. Key principles of the Constitution of Republic of Poland, sources of Polish law, Polish constitutional law, constitutional regulations regarding public finance, basic information on local and government administration.
2. Key principles of the United States Constitution, sources of American law, constitutional regulations regarding public finance, basic information on state and federal administration.
3. Tax law: general principles of the income taxation, Polish income taxes, federal income taxation in the United States, tax law of the European Union, basic international tax law, value added tax, excise tax, sales tax, real estate tax, agricultural tax.
4. General issues of financial law, including basic terms of public finances, the scope of public finances, functions of public finances, selected regulations of the Polish Public Finance Act (scope of Public Finance Act, public means, public debt, deficit, surplus and legal form of entities in budgetary economics).
5. Outline of budgetary law of Republic of Poland, United States and the European Union.
6. Banking law, including sources of banking law, issues falling within the scope of the National Bank of Poland Act concerning position (autonomy) of the National Bank of Poland and its tasks, monetary policy tools, issues falling within the scope of Banking Law (banking secrecy, principles of functioning of banks and banks’ activities), the European System of Central Banks and the European Central Bank.
Type of course
Course coordinators
Learning outcomes
1. Key principles of the Constitution of Republic of Poland, sources of Polish law, Polish constitutional law, constitutional regulations regarding public finance, basic information on local and government administration.
2. Key principles of the United States Constitution, sources of American law, constitutional regulations regarding public finance, basic information on state and federal administration.
3. Tax law: general principles of the income taxation, Polish income taxes, federal income taxation in the United States, tax law of the European Union, basic international tax law, value added tax, excise tax, sales tax, real estate tax, agricultural tax.
4. General issues of financial law, including basic terms of public finances, the scope of public finances, functions of public finances, selected regulations of the Polish Public Finance Act (scope of Public Finance Act, public means, public debt, deficit, surplus and legal form of entities in budgetary economics).
5. Outline of budgetary law of Republic of Poland, United States and the European Union.
6. Banking law, including sources of banking law, issues falling within the scope of the National Bank of Poland Act concerning position (autonomy) of the National Bank of Poland and its tasks, monetary policy tools, issues falling within the scope of Banking Law (banking secrecy, principles of functioning of banks and banks’ activities), the European System of Central Banks and the European Central Bank.
EK 1: Student knows and defines basic institutions of financial law, is able to discuss the sources of financial law and to explain the place of financial law in the system of law.
EK 2: Student knows and characterizes the basic institutions of the EU’s financial law, is able to explain their role.
EK 3: Student knows and defines basic institutions of budgetary law.
EK 4: Student knows and defines the basic institutions of banking law.
EK 5: Student knows and defines the basic institutions of tax law.
EK 6: Student explains the interdependencies that exist between the regulations of financial law.
EK 7: Student understands the need to constantly update and improve the knowledge on topics related to the subject matter of the course.
Assessment criteria
Written exam
Bibliography
OECD (2015), Model Tax Convention on Income and on Capital 2014 (Full Version), OECD Publishing, Paris.
Federal Taxation of Corporations and Shareholders, Boris I. Bittker, James S. Eustice, Thomson Reuters, Thomson Reuters 2014.
Federal Income Taxation of Individuals, Boris I. Bittker, Martin J. McMahon, Lawrence A. Zelenak , Thomson Reuters 2013.
Introduction to European Tax Law, Michael Lang, Pasquale Pistone, Josef Schuch, Claus Staringer, Spiramus Press Ltd, 2013.
Additional information
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