Fundamentals
Target audience
- Accounting Managers
- Finance Managers
2 day
New training
Training in the Fundamentals of Corporate Taxation
Prerequisites
A basic understanding of accounting is required
Objectives
◗ Develop the right habits in the corporate tax environment.
◗ Identify the main tax returns that need to be filed.
◗ Incorporate the provisions of the latest budget law.
Training program
◗ Determine taxable income
– Taxation of Corporate Income
– Distinction Between Pass-Through Entities and Entities Subject to Corporate Income Tax (IS)
– From accounting income to taxable income: non-accounting deductions and additions
– General conditions for deducting expenses
– Major non-deductible calculated and paid expenses: fines, expenses related to passenger vehicles, certain provisions
– Major non-taxable income
– Treatment of business capital gains and losses
✔ UNDERSTANDING | Application examples
◗ Corporate Income Tax (CIT)
– Scope of Corporate Income Tax (CIT)
– Specific Rules for Determining Taxable Income for Corporate Income Tax (CIT)
• Income from securities (parent company regime)
• Capital gains and losses regime: executive compensation (compensation for directors’ services, excluding attendance fees and interest on checking accounts)
• Major tax credits (Research Tax Credit (CIR), Family Tax Credit (CIF), etc.)
• Carryback and carryforward of losses
– Calculation of corporate income tax and additional contributions
– Filing and payment of corporate income tax: estimated tax and final balance statements
– Key forms in the tax return package
✔ APPLY | Practical examples: calculating taxable income, tax liability, and filing tax returns
◗ General VAT Regulations
– Scope of Application: Taxable and Non-Taxable Transactions, Subject and Exempt Transactions
– Collected VAT and Deductible VAT
– Chargeable Event and VAT Liability
– Territoriality: Imports and Exports, Intra-Community Transactions
– VAT Return: Form CA3
– VAT credit refunds
– The impact of electronic invoicing on VAT management and control
✔ PRACTICAL APPLICATION | Case study on VAT: scope of application, territoriality, chargeability, and VAT returns
◗ The Territorial Economic Contribution (CET)
– The two components of the CET: Business Property Tax (CFE), Business Value-Added Tax (CVAE)
– Tax bases, deductions, assessment, and collection
– News regarding changes to the CVAE and local business taxation
✔ PRACTICE | Case study on the CET tax bases
◗ Other direct and indirect taxes
– Property tax, taxes on the use of vehicles for business purposes (formerly TVS)
– Payroll taxes: payroll tax, single contribution for vocational training and work-study programs, housing construction contribution
✔ ASSESS | Review quiz: understand the taxable bases and how to calculate the various taxes
Why choose this course?
Corporate tax rules are complex and change regularly.
This training course helps accounting teams master the principles, new developments, and practical applications of these topics—from taxable income to corporate income tax, VAT, and the CET—with practical exercises to reinforce what they have learned.
Teaching and assessment methods
Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.
Teaching Methods: A variety of teaching methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.
Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.
During the training: theoretical concepts are alternated with examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.
Training monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.
Price
€1,650 (excl. tax)