ECTS credits ECTS credits: 4.5
ECTS Hours Rules/Memories Student's work ECTS: 74.2 Hours of tutorials: 2.25 Expository Class: 18 Interactive Classroom: 18 Total: 112.45
Use languages Spanish, Galician
Type: Ordinary Degree Subject RD 1393/2007 - 822/2021
Departments: Applied Economics
Areas: Applied Economics
Center Faculty of Economics and Business Studies
Call: Second Semester
Teaching: With teaching
Enrolment: Enrollable
This compulsory course is taught in the second semester of the fourth year of the Bachelor's Degree in Economics and serves as a necessary complement to the first-semester subject "Spanish Tax System."
Its content focuses on the two main taxes that affect companies with legal personality: the Value Added Tax (VAT) and the Corporate Income Tax (CIT). In both cases, the essential elements of each tax are analyzed, as well as the process of calculating the tax liability.
In addition, the administrative management of each tax is addressed, including formal obligations and procedures for filing and payment, and the particularities of the different special regimes provided for in current legislation are examined.
1. Value Added Tax (VAT)
Nature and operation. Taxable event. Tax base. Taxpayer, rates, deductions.
Special schemes.
Tax management.
2. Corporate Income Tax (CIT)
Nature and operation. Scope of application. Taxable event. Taxpayer. Tax base. Tax liability.
Special schemes.
Tax management.
Tax Code
Albi, E. et al. (latest edition): Spanish Tax System I, Ed. Ariel
Albi, E. et al. (latest edition): Spanish Tax System II, Ed. Ariel
Other tax regulations
• Additional bibliography related to the course content will be provided throughout the semester.
Basic Competencies
CB2. Students should be able to apply the knowledge acquired to their professional work or vocation in a competent manner, and possess the necessary skills typically demonstrated through the development and defense of arguments, as well as through problem-solving within their area of study.
CB3. Students should be capable of gathering and interpreting relevant data, generally within their field of study, in order to make judgments that include critical reflections on social, scientific, or ethical issues.
CB4. Students should be able to communicate information, ideas, problems, and solutions to both specialized and non-specialized audiences, using language appropriate to each context.
CB5. Students should develop the learning skills required to undertake further studies with a high degree of autonomy.
General Competencies
CG2. Ability to develop and defend arguments on economic issues at a general level and solve problems using their knowledge of economic reality, theories, models, and scientific methods specific to the field of economics.
CG5. Acquire general knowledge of economics and the learning skills needed to continue studying and to pursue specialized studies in economics or related areas, with a high level of autonomy, including the use of discipline-specific techniques for data presentation and interpretation.
Transversal Competencies
CT1. Capacity for analysis and synthesis, applied to the understanding and addressing of complex situations in the field of economics.
CT4. Skill in searching for, selecting, managing, and effectively using relevant information from various sources.
CT6. Ability to identify, formulate, and solve problems effectively using appropriate methodologies and tools.
CT9. Development of autonomous learning, assuming responsibility for one's own educational process and being capable of organizing study and knowledge acquisition independently.
Specific Competencies
CE1. Understand the nature of economics and how the economic environment functions, with particular emphasis on the area of public economics as it relates to business taxation.
CE2. Master the knowledge and techniques of analysis and representation typical of public sector economics.
CE3. Know and apply tools for analyzing public revenue.
The teaching methodology combines various didactic strategies with the goal of facilitating learning. The lecture is used to present fundamental concepts and provide a solid theoretical foundation. This is complemented by practical and interactive classes, with supplementary activities that allow students to engage with the practical and current reality of the public sector at the state, regional, and local levels. In the interactive classes, students work with tax regulations for the settlement of regional and local taxes.
Finally, project-based or case study learning is promoted, encouraging teamwork, problem-solving, and the direct application of theoretical content.
Students are expected to use the virtual campus application and Teams, through which materials, tests, etc., will be shared. For this, access to RAI and computer equipment is required (www.rai.usc.es/).
The assessment system will be continuous and will combine different instruments to evaluate the degree of student acquisition of skills. Participation and active participation in organized debates and systematic observation of academic performance throughout the course will be taken into account.
10% of the final grade corresponds to continuous assessment based on attendance, classroom participation, and the preparation and defense of assigned assignments. There will be a partial IVA exam, which accounts for 30% of the final grade. The remaining 60% corresponds to the IS, which will be assessed in the final exam. Passing the partial exam exempts the IVA subject from the final exam; in this case, the student will only have to take the IS exam.
ON-SITE CLASSROOM WORK
Theoretical classes in large groups: 23h
Practical classes with computer/laboratory in small groups: 13h
Tutorials in small groups without computer/laboratory: 9h
Total on-site classroom work hours: 45h
STUDENT'S PERSONAL WORK
Individual or group self-study: 50h
Writing exercises, conclusions, or other assignments: 7.5h
Programming/experimentation or other computer/laboratory work: 5h
Recommended readings, library activities or similar: 5h
Total student personal work hours: 67.5h
It is recommended that students consistently attend the in-person sessions, paying special attention to the professor's explanations and actively participating in the proposed activities. It is essential to complement the class content with the recommended readings, which help deepen key concepts and contextualize theory in practice. Additionally, attendance at scheduled activities, such as lectures or seminars, will contribute to a broader and more applied understanding of the subject. The thorough completion of assignments, exercises, and tasks will allow students to consolidate the knowledge acquired, which is a crucial element in the learning process and continuous assessment.
It should be noted that in cases of fraudulent completion of exercises or exams, the provisions set out in the Regulations will apply.
For the assessment of academic performance of students with an exemption status, an email must be sent to the course instructor indicating their personal details and the reason for the exemption.
Maria Cadaval Sampedro
Coordinador/a- Department
- Applied Economics
- Area
- Applied Economics
- Phone
- 881811664
- maria.cadaval [at] usc.es
- Category
- Professor: Temporary PhD professor
Francisco Negreira Del Río
- Department
- Applied Economics
- Area
- Applied Economics
- francisco.negreira.rio [at] usc.es
- Category
- Professor: LOSU (Organic Law Of University System) Associate University Professor
Jaime Gaya Moreno
- Department
- Applied Economics
- Area
- Applied Economics
- jaime.gaya [at] usc.es
- Category
- Professor: LOSU (Organic Law Of University System) Associate University Professor
| Tuesday | |||
|---|---|---|---|
| 15:30-16:30 | Grupo /CLE_01 | Galician | Classroom 29 |
| Wednesday | |||
| 15:30-17:00 | Grupo /CLE_01 | Galician | Classroom 07 |
| 05.29.2026 09:00-12:00 | Grupo /CLIS_01 | Classroom A |
| 05.29.2026 09:00-12:00 | Grupo /CLE_01 | Classroom A |
| 05.29.2026 09:00-12:00 | Grupo /CLIS_03 | Classroom A |
| 05.29.2026 09:00-12:00 | Grupo /CLIS_02 | Classroom A |
| 07.06.2026 16:00-19:00 | Grupo /CLIS_02 | Classroom 08 |
| 07.06.2026 16:00-19:00 | Grupo /CLIS_01 | Classroom 08 |
| 07.06.2026 16:00-19:00 | Grupo /CLE_01 | Classroom 08 |
| 07.06.2026 16:00-19:00 | Grupo /CLIS_03 | Classroom 08 |