A basic knowledge of microeconomics and public finance is requested. Some introductory lectures will be devoted to the following topics:
- Classification of taxes
- The structure of the Italian tax system in a comparative perspective
- Analysis of the economic effects of taxes
The course aims at providing a framework of analysis and knowledge of taxation of the firm and capital taxation. It links the debate at an international level to the specific solutions adopted in Italy and in Europe. Additionally, it deals with different forms of regulation of the firm, particularly with reference to monopoly markets.
1) Corporate taxation. Why taxing corporations. Integration of corporate and personal taxation. The effect of corporate taxes on investment and financing decisions. Dual taxation (ACE, DIT) and alternative systems (CBIT, COCA)
2) The taxation of capital and savings. The taxation of financial assets in Italy
3) The international dimension. Transfer prices. Fiscal competition and its effects on corporate taxation. European integration and corporate taxes.
3) Tax evasion
4) Regulation: why regulate? Regulation of externalities.
5) Regulation of monopolies. Why and how regulate a monopoly. Optimal tariffs. Incentive regulation. Regulation and investments. Regulation and competition: essential facility and access prices
(on the Italian tax system) P. Bosi, C. Guerra I tributi nell'economia italiana, Il Mulino, ultima edizione
P. Panteghini, La tassazione delle società, Il Mulino, 2009.
E. Longobardi, Economia tributaria, McGraw-Hill, 2a ed. 2009.