Income tax, in-depth elements: IPP

Duration

25h Th, 5h Pr

Number of credits

Lecturer

Marc Bourgeois, Nicolas Honhon

Language(s) of instruction

French language

Organisation and examination

Teaching in the first semester, examination in June

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

The IPP course lasts 24 hours, i.e. 8 sessions, plus two practical work sessions.

In terms of content, it is subdivided as follows:

Session 1: 1) Who (tax residence, etc.); 2) When (concepts of taxable period and tax year); 3) What (general presentation of income categories; concept of 'worldwide income'; etc.); 4) How? (reminder of the general scheme for calculating PPI, concepts of progressive taxation and separate taxation, constituent elements and types of conceivable tax advantages, etc.); 5) Influence of the PPI taxpayer's family/personal situation; 6) Tax return and corresponding codes; 7) Illustrations.

Session 2: Property income: system - tax return and corresponding codes - practical illustrations.

Session 3: Income from property (end) / Income from movable property: system - tax return and corresponding codes - withholding tax system (in full discharge of tax, where applicable) - practical illustrations.

Session 4: Income from securities (end) / Miscellaneous income: system - tax return and corresponding codes - practical illustrations.

Session 5: Professional income: remuneration for salaried workers (system including professional expenses - tax return and corresponding codes - practical illustrations).

Session 6: Professional income: remuneration of company directors (including professional expenses - tax return and corresponding codes - practical illustrations) / Profits and profits (including professional capital gains and professional expenses - tax return and corresponding codes - practical illustrations).

Session 7: Profits and gains (system including business capital gains - tax return and corresponding codes - practical illustrations) / Profits and gains from a previous activity / Pensions (system - relevant distinctions - tax return and corresponding codes - practical illustrations).

Session 8: Pensions, time permitting (end) / A look back at the scheme for calculating PPI / Tax benefits / Summary exercises (based on tax returns).

+ Two practical sessions with Nicolas Honhon.

+ Optional introductory session to solving a case study of the type that will be submitted to students during the exam (with Céline Verscheure; online).

Learning outcomes of the learning unit

IPP


The objective of the course is to enable all students to (re)bring themselves up to speed with the structural knowledge of the PPI regime and to consolidate the knowledge of the fundamental principles and concepts, so as to be able to successfully follow the various in-depth courses on IPP, both in the business taxation orientation and in the personal and wealth taxation orientation.
 

Prerequisite knowledge and skills

IPP

Students must have had even basic training or practice in PPI during their previous studies or in some professional activity.

 

Planned learning activities and teaching methods

IPP
The course is conducted in a classical ex cathedra mode. The teacher nevertheless involves the students in a question and answer session. Each class is accompanied by a powerpoint presentation.

Before each class, students will be invited to read extracts from the book: O. D'AOUT, D. DARTE, N. HONHON, B. MARISCAL and J. PICAVET, L'impôt des personnes physiques, Limal, Anthemis, 2021. These compulsory reading extracts will be specified at least 7 days before the class. On a more ad hoc basis, other prior readings (articles of the Code, decisions of jurisprudence, etc.) will be suggested.

 

Mode of delivery (face to face, distance learning, hybrid learning)

In-class lectures and recordings available on the HD Campus.

Course materials and recommended or required readings

IPP
All students are required to have an up-to-date code of law available during class sessions and examinations.

In addition, it is mandatory that students have the following book at their disposal: O. D'AOUT, D. DARTE, N. HONHON, B. MARISCAL and J. PICAVET, L'impôt des personnes physiques, Limal, Anthemis, 2022.

This book can be purchased, for a student price, from the secretariat (Laetitia Debraz). It is imperative to have the 2021 version. The teacher will specify exactly which extracts from the book constitute the material for the examination.

Finally, students will be provided with a personal income tax declaration form.

Exam(s) in session

Any session

- In-person

written exam ( open-ended questions )


Further information:

Exam(s) in session

Any session

- In-person

written exam


Additional information:

Exam(s) in session

Any session

- In-person

written exam


Additional information:

IPP


Open book, written examination.

The exam consists of practical questions relating to a major case.





 

 

Work placement(s)

No.

Organisational remarks and main changes to the course

Contacts

IPP
Marc Bourgeois marc.bourgeois@uliege.be 

Céline Verscheure celine.verscheure@uliege.be 

 

Association of one or more MOOCs

Items online