Teacher(s)

Thilmany Jean;

Language

French

Prerequisites

The prerequisite(s) for this Teaching Unit (Unité d’enseignement – UE) for the programmes/courses that offer this Teaching Unit are specified at the end of this sheet.

Main themes

Studies of the tax implications of transactions involving the following elements:

• Share capital and fiscal capital: constitution, increase, reduction and repayment of capital;
• Revaluation gains;
• Tax-free reserves (investment reserve, subsidies, etc.);
• Capital gains realised;
• Transferring a universality of assets or a branch of activity;
• Dividends;
• Share redemption;
• Liquidation.

Aims

At the end of this learning unit, the student is able to :
1	On completion of this course, students will be able to master the short- and long-term tax implications of the main transactions performed by a company.

Content

Fiscal capital: constitution, increase, reduction and repayment of capital
Tax-free reserves (write-downs on receivables, provisions for liabilities and charges, subsidies…)
Revaluation gains
Dividends
Indirect profit transfers
Liquidation
Acquisition of own shares
Transferring  a universality of assets or a branch of activity

Teaching methods

Due to the COVID-19 crisis, the information in this section is particularly likely to change.

Lectures illustrated by exercises and case studies.
On completion of this course, students will be able to master the short- and long-term tax implications of the main transactions performed by a company.

Evaluation methods

Due to the COVID-19 crisis, the information in this section is particularly likely to change.

Written examination. The student will be evaluated not only on his knowledge, but also:

• on his ability to use the Belgian Income Tax Code;
• on his understanding of the mechanisms and rules that are specific to the tax system;
• on his ability to express a clear and structured answer to the asked questions.

Online resources

Syllabus and PowerPoint files (on the Student Corner)

Bibliography

- Manuel pratique d'impôt des sociétés, L. Deklerck, Larcier, 11e éd., 2020
- Maîtriser l'impôt des sociétés, D. Darte et Y. Noël, Edipro, Ed. 2020

Teaching materials

• Syllabus + fichiers PowerPoint

Faculty or entity

CLSM