| CODE | ACC5341 | ||||||
| TITLE | Tax Compliance Applications | ||||||
| UM LEVEL | 05 - Postgraduate Modular Diploma or Degree Course | ||||||
| MQF LEVEL | 7 | ||||||
| ECTS CREDITS | 5 | ||||||
| DEPARTMENT | Accountancy | ||||||
| DESCRIPTION | The study-unit focuses on the international tax transparency and compliance framework that cover both individuals and corporations. More specifically, the unit covers a wide array of practices including the provisions allowing for the exchange of bank account information, tax rulings, advanced pricing arrangements, and tax planning. Through case studies and applied case scenarios, students are given the opportunity to deepen and widen their applied knowledge on tax liability across different states as well as their understanding of anti-money laundering audits. Moreover, the unit also encapsulates the European dimension since it makes specific reference to the EU external strategy for effective taxation vis-a-vis third countries. Study-unit Aims: The overall aim of this study-unit is to inject innovation in the praxis, planning and evaluation of tax compliance procedures within an international scenario characterised by multi-level governance structures. More specifically, the unit aims to equip students with up-to-date knowledge on the following tax provisions, mechanisms, institutions and praxis: 1. Mutual Assistance in Tax Matters, OECD 2. Exchange of information in the EU, DAC 3. MLI_CbCR, CRS, FATCA 4. Artificial intelligence&IT solutions for tax compliance 5. ECJ jurisprudence on the interpretation of DAC 6. ECJ jurisprudence and national courts cases on the interpretation of the exchange of information clause in the Double tax treaties concluded by Member States 7. Exchange of information in tax matters and GDPR 8. Exchange of information in tax matters and Competition law screening procedures 9. Looking forward: DAC 7 and DAC 8 10. Malta specificities: DTT practice. Learning Outcomes: 1. Knowledge & Understanding By the end of the study-unit the student will be able to: - identify and debate issues of tax compliance; - decode and apply the provisions of the exchange of information in tax matters; - reflect and evaluate on the jurisprudence of the European Court of Justice in tax matters; - apply artificial intelligence and IT solutions for tax compliance purposes; - decipher the transposition of EU legislation into domestic law at member state level; - initiate, enforce and improve the effectiveness of anti-money laundering mechanisms. 2. Skills By the end of the study-unit the student will be able to: - decode and apply the provisions of the exchange of information in tax matters and understand their application to specific types of transactions; - interpret and evaluate on the jurisprudence of the European Court of Justice in tax matters and how this may affect corporate tax structures; - apply artificial intelligence and IT solutions for tax compliance purposes; - decipher the transposition of EU legislation into domestic law at member state level; - initiate, enforce and improve the effectiveness of anti-money laundering mechanisms and understand how these apply to corporate structures. Main Text/s and any supplementary readings: - OECD guidelines - EU Directives - Convention on Mutual Administrative Assistance in Tax Matters - General Data Protection Regulation (EU) (GDPR), Regulation (EU) 2016/679 - Fair and Accurate Credit Transaction Act, USA - Council Directive (EU) 2021/514 of 22 March 2021 amending Directive 2011/16/EU on administrative cooperation in the field of taxation. |
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| STUDY-UNIT TYPE | Lecture and Independent Study | ||||||
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2024/5. It may be subject to change in subsequent years. |
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