Learning outcomes

This course aims to convey the fundamental structure and basic principles of the functioning of income taxes and VAT.
The study will initially focus on determining the taxable base, identifying taxable income, and understanding liquidation and payment mechanisms.
After mastering the fundamental mechanics of these taxes, students will analyze the different applicable regimes.
By the end of the course, students should be able to understand the basic mechanics of these taxes, interpret the main provisions, and competently apply the rules in the Personal Income Tax, Corporate Income Tax, and VAT Codes.

Programmatic contents

• Personal Income Tax (IRS): General principles. Presentation and study of various income categories. Specific deductions. Withholding tax. Special regimes. Taxation of residents and non-residents.
• Corporate Income Tax (IRC): General principles. Incidence rules. Taxation of residents and non-residents. Rules for determining the taxable base in Portugal. Tax rates. Autonomous taxation.
• VAT: General principles, objective incidence, subjective incidence, taxable value, rates, exemptions, deductions.