B8841 - SCIENZA DELLE FINANZE E TASSAZIONE D'IMPRESA

Learning outcomes

The course aims at analyzing the main institutional features of the tax system in Italy. Through this course, students gain a comprehensive understanding of the principles and functions of taxation as well as its effects on agent behaviour. Particular emphasis is given to corporate income tax, with a focus on its impact on the financing and investment decisions of firms.

Course contents

I) Introduction

Typology of taxes and fiscal regimes

II) Taxation incidence

III) Taxation and individual behaviour

Effects of taxation on consumption patterns, investment decisions and labour supply.

IV) Taxation and efficiency

V) Optimal taxation

Optimal taxation of commodities (Ramsey rule) and income (Edgeworth Model and recent studies)

VI) Fiscal Evasion

VII) Italian Fiscal System

Empirical evidence and historical evolution of the structure of the Italian fiscal system.

Personal income tax

Consumption tax

Corporate Taxation

Readings/Bibliography

1) Bosi, P., Corso di Scienza delle Finanze, last edition, Il Mulino. Chapters: II (only 2.1), III, IV.

2) Bosi, P. e M. C. Guerra, I tributi dell'Economia Italiana, Il Mulino, Chapters: I, II, III, IV, V, VIII. Last edition.

Teaching methods

Assessment methods

The written exam evaluates the comprehension of the principles of taxation and the knowledge of the Italian fiscal system. The written exam is composed of open questions, exercises and multiple choices. The minimum required to pass the exam is 18 / 30.

Grading is built according to the following rule:

• <18 fail
• 18-23 pass
• 24-27 good
• 28-30 very good
• 30L excellent

Office hours

See the website of Emanuela Randon