Tax Management

2026/2027

Academic Year

ENG

Instruction in English

3

ECTS credits

Delivered at:

Department of Finance

Course type:

Compulsory course

When:

3 year, 1 module

Instructors

Lodiagin, Boris

Nazarova, Varvara

Course Syllabus

Abstract

The effectiveness of tax planning is defined by the amount of tax burden that falls on a business. The process of bringing the tax situation of an economic entity to the optimal state in terms of its tax burden is called tax optimization. To be an effective tool for financial and tax management, tools and algorithms of optimization calculations should correspond to the current state tax system. The objectives of the course are to study the theoretical framework of Russian and international corporate taxation, to introduce methods of tax accounting and planning, to obtain competences in assessment and optimization of a company's taxation system, to obtain skills in the administration of the international corporate taxation system. The objectives include developing students' ability to competently use the obtained theoretical and practical knowledge in order to assess a company's tax risks, to calculate tax liabilities and to organize the process of effective corporate tax planning.

Learning Objectives

• To provide theoretical knowledge in the field of tax planning.
• To provide, master and reinforce skills in calculating tax savings and in applying methods of tax planning in companies and financial institutions.
• To form system-related and professional competences.

Expected Learning Outcomes

• Calculate the need for external financing and justify the sources of its receipt in order to optimize taxes Build a forecasted model of tax liabilities. Calculate the tax burden of the company, identify all tax liabilities
• Selection of the company's accounting and tax policy, adoption of financial decisions, selection of taxation regimes that enhance the efficiency of the company To apply scientific methods and methods of activity in the conduct of their own research Interpret the information obtained during the study of literature, the practice of companies Justify the structure of tax policy

Course Contents

• Topic 1. Tax and taxation: fundamentals
• Topic 2. Corporate income taxation
• Topic 3. Corporate taxation
• Topic 4. Individual taxation
• Topic 5. Tax planning on the corporate level
• Topic 6. International corporate tax planning
• Topic 7. Planning specific types of corporate taxes.
• Topic 8. Taxation risks. Risk management and taxation

Assessment Elements

• Seminar participation
• Exam
  The exam is close-booked; the students may have only an A4 paper with necessary formulae, that they prepared themselves. Duration: 90 minutes (two academic hours). The examination consists of multiple choice questions, numerical problems and open questions that require an extensive answer.
• Written papers

Interim Assessment

• 2026/2027 1st module
  0.2 * Written papers + 0.2 * Seminar participation + 0.6 * Exam

Bibliography

Recommended Core Bibliography

• Frecknall-Hughes, J. (2015). The Theory, Principles and Management of Taxation : An Introduction. London: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=861906
• James R. Hines, J. (2000). International Taxation and Multinational Activity. National Bureau of Economic Research, Inc. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.nbr.nberbk.hine00.1
• Ulrich Schreiber. (2013). International Company Taxation. Springer. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.spr.sptbec.978.3.642.36306.1
• Варламова, А. И., Английский язык: Налоги и налогообложение=TAXES AND TAXATION : учебник / А. И. Варламова, О. Ю. Дигтяр, М. В. Мельничук, В. М. Осипова. — Москва : КноРус, 2019. — 192 с. — ISBN 978-5-406-06924-0. — URL: https://book.ru/book/932001 (дата обращения: 09.12.2025). — Текст : электронный.
• Пансков, В. Г.  Налоги и налогообложение : учебник и практикум для прикладного бакалавриата / В. Г. Пансков. — 6-е изд., перераб. и доп. — Москва : Издательство Юрайт, 2019. — 436 с. — (Высшее образование). — ISBN 978-5-534-06064-5. — Текст : электронный // Образовательная платформа Юрайт [сайт]. — URL: https://urait.ru/bcode/431769 (дата обращения: 28.08.2023).

Recommended Additional Bibliography

• Gareth D. Myles. (2009). Economic Growth and the Role of Taxation-Theory. OECD Economics Department Working Papers. https://doi.org/10.1787/222800633678
• Martin Ruf, & Alfons J. Weichenrieder. (2012). The taxation of passive foreign investment: lessons from German experience. Canadian Journal of Economics, (4), 1504. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.cje.issued.v45y2012i4p1504.1528
• Mertens, K., & Ravn, M. (2013). The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.29926DF4
• Posthuma, R. A., Campion, M. C., Masimova, M., & Campion, M. A. (2013). A High Performance Work Practices Taxonomy: Integrating the Literature and Directing Future Research. Journal of Management, 39(5), 1184–1220. https://doi.org/10.1177/0149206313478184
• Samuelson, P. (2019). Legally Speaking Questioning a New Intellectual Property Right for Press Publishers: Considering the implications of the “link tax” provision of the proposed EU Directive for the Digital Single Market for traditional press publishers. Communications of the ACM, 62(3), 20–23. https://doi.org/10.1145/3306610
• Варламова, А. И., Английский язык: Налоги и налогообложение=TAXES AND TAXATION : учебник / А. И. Варламова, О. Ю. Дигтяр, М. В. Мельничук, В. М. Осипова. — Москва : КноРус, 2020. — 192 с. — (Бакалавриат). — ISBN 978-5-406-07589-0. — URL: https://book.ru/book/933500 (дата обращения: 09.12.2025). — Текст : электронный.

Authors

• Nazarova Varvara Vadimovna
• Soloveva Ekaterina Evgenevna