This lecture aims to familiarise students with the basic conceptual design of the Austrian tax system and its practical importance for business. It focuses on income taxation of individuals and companies as well as on value added tax. It addresses the most important taxes on specific contractual transactions, such as land transfer tax and contract duties. In addition to substantive tax law, it also discusses procedural tax law, including the appeal system and the fiscal penal code. Special attention is laid on the international tax implications. The lecture is divided into 10 sessions this semester, following the order of the chapters in Ubelhoer/Pfeiffer/Huisman/Schaffer, Introduction to Austrian Tax Law, 2^nd edition.

After the course, the students will be able to understand the basics of:
•    Austrian Income Tax
•    Tax accounting
•    Taxation of different legal forms
•    Austrian Corporate Tax
•    Austrian transactional taxes
•    VAT
•    International Tax Law (Double Tax Conventions)
•    European Tax Law
•    Austria’s Tax Law proceedings

General structure: (1) (brief) lecture to review key elements of the relevant chapter in the book (2) one practical case study solved by the instructor (3) practice case studies distributed to the students and discussed in class.

Written exam at the end of the course (open-ended questions as well as case studies). For the exam, a separate registration is required. For instructions, see "Introduction to Austrian Tax Law - Important Information".