Corporate strategy and governance

The course aims at providing students with knowledge of the systematic elements of taxation of firms located in Italy. To this end, it is divided in two parts. The first part analyzes the fiscal discipline of day-to-day company management. The second part instead focuses on the impact of taxation law on company reorganization. It must be noted that, given the progressive evolution of company fiscal discipline from a mere means for tax retrieval to a means for orienting and sometimes favoring firm strategic choices, this course also deals with the implication of the fiscal leverage on the most important extraordinary operations characterizing company start-up, growth and crisis. The course themes are particularly meaningful to a formative path based on the systematic study of managerial strategies of which the course gives an evaluation under a tributary viewpoint. Special attention is therefore devoted to judicial precedents, which are analyzed as case studies in order to simulate the impact of the fiscal variable, and assess the contribution of tributary planning to the study of company dynamics. The students who have attended the course of Business Tax Law and have passed the final examination are put in condition to understand the national system of taxation. They will be more able to individualize the tax norms of the juridical system, to interpret them, to define the scope of their application, to understand the relationships and the mutual connections. Generally, the students should be able to make some technical opinions on fundamental matters of the material and those connected to national tax system.