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: First Semester
Teaching: With teaching
Enrolment: Enrollable
This subject, mandatory in nature, is taught in the first semester of the fourth year of the Economics degree. Its main objective is to provide students with solid and applied knowledge of the tax system and the current fiscal structure in Spain.
The subject begins with the study of the fundamental principles of the General Tax Law (LXT), which serves as the legal basis for the analysis of the tax system. Based on these foundations, and drawing on the theoretical knowledge previously acquired in the subject "Public Finance: Revenues and Expenditures," the course delves into the regulations and practical application of the main direct taxes levied on individuals: the Net Wealth Tax (IPN), the Inheritance and Donations Tax (ISD) (which is covered in the Fiscal Federalism subject), and the Personal Income Tax (IRPF), following this same order of presentation.
The program is completed with a reference to the fiscal particularities of family-owned businesses.
1. Introduction to the Spanish Tax System
Overview of the tax system in Spain: structure, fundamental principles, and functions. Reference to the constitutional framework and the tax competencies of different public administrations.
2. Main Tax Concepts
Study of the essential elements of the legal-tax relationship through the General Tax Law: taxable event, taxpayer, taxable base, liquidable base, tax rate, tax quota, accrual, and extinction of the tax obligation.
3. Wealth Tax (IP)
Analysis of the nature, legal configuration, and functioning of the tax. Study of its practical application, exemptions, property valuation, and formal obligations.
4. Personal Income Tax (IRPF)
Detailed study of the structure and functioning of the IRPF: taxable income, reductions, deductions, tax rate, settlement, and formal obligations. Practical application and case studies.
5. Inheritance and Donations Tax (ISD)
Reference to the tax studied in the Fiscal Federalism subject.
6. Direct Taxation in Family-Owned Businesses
Reference to the particularities of taxation in family-owned businesses.
Basic bibliography
Tax Code
Albi, E. et al (última edición): Sistema Fiscal Español I, Ed.Ariel
Albi E. Et al (última edición): Sistema Fiscal Español II, Ed.Ariel
Other tax regulations
Complementary literature will be provided during the course.
Basic Competencies
CB2. The student should be able to apply the knowledge acquired to their work or vocation professionally, and possess the necessary competencies that are usually demonstrated through the elaboration and defense of arguments, as well as the resolution of problems within their area of study.
CB3. The student should have the ability to gather and interpret relevant data, typically within their area of study, in order to make judgments that include critical reflection on social, scientific, or ethical aspects.
CB4. The student should be able to communicate information, ideas, problems, and solutions to both specialized and non-specialized audiences, using a register suitable for each context.
CB5. The student should develop the learning skills necessary to undertake further studies with a high degree of autonomy.
General Competencies
CG2. Be able to formulate and defend arguments on economic issues at a general level and solve problems on these issues using knowledge of economic reality, theories, models, and scientific methods inherent to economics.
CG5. Acquire general knowledge of economics and the learning skills necessary to continue studying and undertake specialized studies in economics and other related areas, with a high degree of autonomy and techniques for data representation and presentation in the discipline.
Transversal Competencies
CT1. Analytical and synthetic ability, applied to the understanding and approach of complex situations in the field of economics.
CT4. Ability to search, select, manage, and effectively use relevant information from diverse sources.
CT6. Ability to identify, formulate, and solve problems effectively, using appropriate methodologies and tools.
CT9. Development of learning autonomy, taking responsibility for one's own educational process and being able to self-organize study and knowledge acquisition.
Specific Competencies
CE1. Know and understand the nature of economics and the functioning of the economic environment, with a particular focus on the public economics aspect affecting direct taxes.
CE2. Master the knowledge and techniques of analysis and representation inherent to public sector economics.
CE3. Know and apply tools for analyzing public income.
The teaching methodology combines various didactic strategies with the aim of facilitating learning. The lecture format is used to present fundamental concepts and provide a solid theoretical foundation. This is complemented by practical and interactive classes, with additional activities that allow students to engage with the practical and current reality of the state, regional, and local public sectors. In interactive sessions, 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 required to use the virtual campus application and Teams, through which materials, tests, etc., will be shared. For this, access to RAI and computer equipment (www.rai.usc.es/) is required.
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 the organized debates will be taken into account, as well as systematic observation of academic performance throughout the course.
10% of the final grade corresponds to continuous assessment based on attendance, class participation, and the preparation and defense of assigned assignments. There will be two midterm exams, one for LGT and the other for IP, which each represent 15% of the final grade. The remaining 60% corresponds to IRPF, which will be assessed in the final exam. Passing the midterm exams releases material from the final exam; students will only have to retake the exams they failed.
PRESENTIAL WORK IN THE CLASSROOM
Expository classes: 23h
Interactive classes: 13h
Tutoring in small groups or individual sessions: 9h
Total hours of presential work in the classroom: 45h
STUDENT'S PERSONAL WORK
Independent study, individual or in groups: 50h
Writing exercises, conclusions, or other assignments: 7.5h
Computer work, research, and consultation: 5h
Recommended readings, library activities, or similar: 5h
Total hours of personal work by the student: 67.5h
It is recommended that students continuously follow 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, attending scheduled activities, such as lectures or seminars, will contribute to a broader and more applied understanding of the subject. The rigorous preparation of assignments, exercises, and tasks will allow students to consolidate the knowledge acquired, which is an essential element in the learning process and continuous assessment.
In response to this program, the student must know and understand the national and international economic reality, the public sector, economic institutions and their evolution, being necessary basic elements of accounting, models and techniques of representation of economic reality, in order to advance in the field of the public economy and in the elaboration of economic policies.
In this way, beyond the previous subjects of the degree and this same, the graduate must be able to contribute to the good management of the allocation of public and private resources, evaluate the consequences of the different alternatives of action and select the best ones, to achieve a goal. Prepare or issue advisory reports on specific situations of the international, national or regional economy. Obtain from the data relevant information that is not easy to recognize by a non-professional, and apply to the analysis of problems, professional criteria, based on the management of technical instruments typical of the economy.
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 | |||
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| 16:30-18:00 | Grupo /CLE_01 | Galician | Classroom 29 |
| Wednesday | |||
| 17:00-18:00 | Grupo /CLE_01 | Galician | Classroom 29 |
| 01.15.2026 12:00-15:00 | Grupo /CLIS_03 | Classroom 08 |
| 01.15.2026 12:00-15:00 | Grupo /CLE_01 | Classroom 08 |
| 01.15.2026 12:00-15:00 | Grupo /CLIS_01 | Classroom 08 |
| 01.15.2026 12:00-15:00 | Grupo /CLIS_02 | Classroom 08 |
| 01.15.2026 12:00-15:00 | Grupo /CLIS_03 | Classroom B |
| 01.15.2026 12:00-15:00 | Grupo /CLE_01 | Classroom B |
| 01.15.2026 12:00-15:00 | Grupo /CLIS_01 | Classroom B |
| 01.15.2026 12:00-15:00 | Grupo /CLIS_02 | Classroom B |
| 06.18.2026 16:00-19:00 | Grupo /CLIS_03 | Classroom 08 |
| 06.18.2026 16:00-19:00 | Grupo /CLE_01 | Classroom 08 |
| 06.18.2026 16:00-19:00 | Grupo /CLIS_01 | Classroom 08 |
| 06.18.2026 16:00-19:00 | Grupo /CLIS_02 | Classroom 08 |