electiveHQ

This module provides an introduction to the purpose and nature of tax, and to the principles and policies of revenue law. It looks at the sources of revenue law (Constitution, European Convention of Human Rights, EU law, legislation), territoriality and the connecting factors between persons (natural and legal) and the tax system. The composition of taxes in Ireland is considered. The module explains the infrastructure of Irish direct taxation (the schedular system of taxation), and goes through the various heads of charge under which income tax is charged (including, notably, tax on trading and professional income, and tax on employment income). The importance of accounting treatment in determining tax treatment is discussed, and the various means of tax collection are touched upon. The difference between tax evasion and tax avoidance is discussed.