10556 Taxation II 1

Credits: 6 advanced credits in Accounting

Prerequisites: 36 credits, including Taxation I. Students must also fulfill all English requirements and take bibliographic instruction in the Library.

Authors: Rami Yulius, Eli Piterman, Nissim Cohen

A continuation of Taxation I (10666), this advanced course provides students with additional knowledge of tax law and illustrates the material through the analysis of relevant cases.

Objectives: To provide students with an understanding of the purpose of taxation and to acquaint them with the taxation method; to acquaint students with concepts and definitions in the Income Tax Code; to discuss principles of income taxation in Israel and abroad; to examine rules for recognizing expenses and losses; to understand the overall system of revenue income taxation in Israel.

Topics: Capital gains; Corporate taxation; Structural changes; The law of encouragement of capital investments and industry; Principles of taxation of the capital market.

1Students may not write a seminar paper in this course.