ECTS credits ECTS credits: 6
ECTS Hours Rules/Memories Student's work ECTS: 99 Hours of tutorials: 3 Expository Class: 24 Interactive Classroom: 24 Total: 150
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
The aim of this subject is for the students to acquire basic knowledge about the tax aspects of businesses, in order to provide a solid understanding of the direct taxes that apply to economic activities. The study focuses particularly on business taxation and its direct taxation, such as IRPF (Personal Income Tax) and IS (Corporate Tax), with an introduction to the General Tax Law.
Among the specific objectives of the subject, the following stand out:
• Study and analysis of public revenues, with special attention to tax revenues and the procedures for their application.
• Examination of the tax obligations associated with carrying out economic activities, focusing on direct taxation.
• Knowledge of the taxes applied by the different Spanish administrations in relation to economic activities.
• Understanding how tax legislation should be applied within the framework of tax practice.
This approach will enable students to master the legal and fiscal tools necessary for their practical application in the economic field.
1. Introduction to the Tax System
1.1. Characteristics of the Tax System in Spain: Structure, Organization, and Scope of Application
1.2. Tax Principles and the Current Tax System
1.3. General Tax Law: Principles and Tax Concepts
2. Direct Taxation: Personal Income Tax (IRPF)
2.1. Nature, Purpose of IRPF, and Employment Income
2.2. Capital Income
2.3. Income from Economic Activities
2.4. Capital Gains and Losses
2.5. Settlement of IRPF
2.6. Tax Administration
3. Direct Taxation: Corporate Income Tax (IS)
3.1. Nature, Purpose of IS, and Basic Concepts
3.2. Determination of the Taxable Base
3.3. Reductions in the Taxable Base and in the Tax Due
3.4. Settlement of IS
Albi, E. et al. (latest edition). Sistema Fiscal Español I, Ariel Economía.
Albi, E. et al. (latest edition). Sistema Fiscal Español II. Ariel Economía.
Practical Manual on Personal Income Tax (latest edition). Spanish Tax Agency. https://sede.agenciatributaria.gob.es/Sede/manuales-practicos.html
Practical Manual on Corporate Tax (latest edition). Spanish Tax Agency. https://sede.agenciatributaria.gob.es/Sede/manuales-practicos.html
Updated legal regulations and official sources:
o Law 58/2003, of December 17, General Tax Law
o Law 35/2006, of November 28, on Personal Income Tax
o Royal Decree 439/2007, of March 30, Regulation of Personal Income Tax
o Law 27/2014, of November 27, on Corporate Tax
o Royal Legislative Decree 5/2004, of March 5, approving the consolidated text of the Non-Residents Income Tax Law.
Complementary bibliography
Fiscal Memo. (latest edition) Ed. LEFEBVRE
Fiscal Memo for IRPF. (latest edition) Ed. LEFEBVRE
Fiscal Memo for IS. (latest edition). Ed. LEFEBVRE
Basic Competencies
CB2. The student should be able to apply the knowledge acquired to their work or vocation in a professional manner and possess the necessary skills that are usually demonstrated through the preparation and defense of arguments, as well as problem-solving within their field 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 a critical reflection on social, scientific, or ethical aspects.
CB4. The student should be able to communicate information, ideas, problems, and solutions both to a specialized and a non-specialized audience, using an appropriate register for each context.
CB5. The student should develop the learning skills necessary to undertake further studies with a high degree of autonomy.
General Competencies
CG3. Be able to identify, gather, and interpret relevant data related to the business field, incorporating social, scientific, or ethical considerations into the formulation of judgments and proposals when necessary.
CG4. Be able to communicate information, ideas, problems, and proposed solutions within the business field, directed to both specialized and non-specialized audiences, making appropriate use of oral and written language, as well as the media and techniques used for data representation and presentation within the discipline.
Transversal Competencies
CT1. Analytical and synthesis skills, applied to understanding and addressing complex situations in the academic or professional field.
CT4. Ability to search, select, manage, and effectively use relevant information from diverse sources.
CT6. Ability to identify, formulate, and resolve problems effectively, using appropriate methodologies and tools.
CT9. Development of learning autonomy, assuming responsibility for their own educational process and being able to self-organize study and knowledge acquisition.
CT13. Commitment to personal and professional ethics, acting with social responsibility and integrity in the academic and professional practice.
Specific Competencies:
A3: Understand the national and international economic reality, productive sectors, the public sector, economic institutions, and their evolution over time.
B7: Know and apply management support systems, including their functions of planning, analysis, design, and implementation of information systems.
D4: Issue advisory reports on specific situations of companies and markets, providing accurate and relevant recommendations.
D8: Derive relevant information from complex data that would be impossible to interpret by non-professionals, facilitating their understanding and decision-making.
Expository Teaching
For the development of the course program, the didactic method of expository teaching is used, which aims to provide a complete, systematic, and organized presentation of the content of the topics and headings described earlier; alongside interactive classes, where student participation and work are required.
Interactive Teaching
After the expository teaching, different exercises will be carried out in interactive classes. Students must use the virtual classroom application and Teams, through which materials, tests, etc., will be shared. For this, the use of RAI is required, and access to computers (www.rai.usc.es/) is necessary.
Student assessment will be based on the completion of assignments and tests throughout the semester, as well as a final exam. Thirty percent (30%) of the final grade will correspond to the assignments requested by the teaching staff, the activities carried out, and participation in class, both in lecture and interactive sessions.
The remaining seventy percent (70%) of the final grade will be obtained through a final assessment exam. The teaching staff reserves the right to conduct partial assessment tests with an eliminatory character for each of the topics included in the course content. These partial tests only serve to exempt content from the final exam in each examination session.
In accordance with the regulations on class attendance for official undergraduate and master's degree programs at the University of Santiago de Compostela, class attendance is a mandatory requirement to pass the subject through the general assessment system. For this reason, attendance will be monitored in both lecture and interactive sessions. If a student accumulates 30% or more unexcused absences, they may be excluded from the general assessment system and will not be allowed to participate in the partial tests.
Justification for absences must be submitted within 10 calendar days of their occurrence, providing appropriate documentation in accordance with the applicable regulations. Before the course assessment tests are held, a list will be published with the students eligible to participate in the partial tests.
Repeating students will, by default, be included in the general assessment system unless they expressly inform the responsible teaching staff of their preference to follow the final assessment system. This communication must be made by email before the start of the interactive sessions. Requests submitted after this deadline will not be accepted.
PRESENTIAL CLASSWORK
Expository classes: 31h
Interactive classes: 17h
Tutoring in small or individualized groups: 12h
Total hours of presential classwork: 60h
STUDENT'S PERSONAL WORK
Independent study, individual or group: 50h
Writing exercises, conclusions, or other assignments: 25h
Computer work, research, and searches: 5h
Recommended readings, library activities or similar: 10h
Total hours of personal student work: 90h
It is recommended that students become familiar with handling legal documentation and tax legislation. Students should learn to manage the tax laws analyzed in this course, as well as understand their provisions and application in the business field.
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
- Department
- Applied Economics
- Area
- Applied Economics
- Phone
- 881811664
- maria.cadaval [at] usc.es
- Category
- Professor: Temporary PhD professor
Santiago Lago Peñas
Coordinador/a- Department
- Applied Economics
- Area
- Applied Economics
- santiago.lago.penas [at] usc.es
- Category
- Professor: 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
Maria Imelda Capote Martin
- Department
- Applied Economics
- Area
- Applied Economics
- mariaimelda.capote [at] usc.es
- Category
- Professor: LOSU (Organic Law Of University System) Associate University Professor
| Tuesday | |||
|---|---|---|---|
| 16:30-18:00 | Grupo /CLE_03 | Galician | Classroom B |
| Wednesday | |||
| 09:30-11:00 | Grupo /CLE_02 | Galician | Classroom 08 |
| 12:00-14:00 | Grupo /CLE_01 | Galician | Classroom 07 |
| Friday | |||
| 09:30-11:00 | Grupo /CLE_01 | Galician | Classroom 07 |
| 11:30-13:30 | Grupo /CLE_02 | Galician | Classroom 08 |
| 17:30-19:30 | Grupo /CLE_03 | Galician | Classroom B |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_02 | Classroom A |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_3a | Classroom A |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_3b | Classroom A |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_4 | Classroom A |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_5 | Classroom A |
| 05.29.2026 12:00-15:00 | Grupo /CLE_01 | Classroom A |
| 05.29.2026 12:00-15:00 | Grupo /CLE_02 | Classroom A |
| 05.29.2026 12:00-15:00 | Grupo /CLE_03 | Classroom A |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_01 | Classroom A |
| 05.29.2026 12:00-15:00 | Grupo /CLE_01 | Classroom B |
| 05.29.2026 12:00-15:00 | Grupo /CLE_02 | Classroom B |
| 05.29.2026 12:00-15:00 | Grupo /CLE_03 | Classroom B |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_01 | Classroom B |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_02 | Classroom B |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_3a | Classroom B |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_3b | Classroom B |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_4 | Classroom B |
| 05.29.2026 12:00-15:00 | Grupo /CLIS_5 | Classroom B |
| 07.03.2026 12:00-15:00 | Grupo /CLE_02 | Classroom A |
| 07.03.2026 12:00-15:00 | Grupo /CLE_03 | Classroom A |
| 07.03.2026 12:00-15:00 | Grupo /CLIS_01 | Classroom A |
| 07.03.2026 12:00-15:00 | Grupo /CLIS_02 | Classroom A |
| 07.03.2026 12:00-15:00 | Grupo /CLIS_3a | Classroom A |
| 07.03.2026 12:00-15:00 | Grupo /CLIS_3b | Classroom A |
| 07.03.2026 12:00-15:00 | Grupo /CLIS_4 | Classroom A |
| 07.03.2026 12:00-15:00 | Grupo /CLIS_5 | Classroom A |
| 07.03.2026 12:00-15:00 | Grupo /CLE_01 | Classroom A |