Online Course Guide of WHU –

Find all modules and courses of our degree programs.

Please use the filters below to select the term (spring or fall) as well as the respective program (BSc, MSc, MBA, Exchange, Doctoral) of your choice for an overview of all modules offered at WHU. The courses are listed under the modules. Please click on a module to see which courses are part of it. If you would like to find out more about a certain course, click on the name of the course to see detail information. The location of the lecture will be revealed after your course registration on myWHUstudies.

Spring term counts from January - August, fall term counts from September - December.

Important for Exchange Students: As the Full-Time and Part-Time MBA Programs utilize a modular course structure, the dates on which students begin and end the exchange are flexible. Please find here a chronological overview of the preliminary course offering for Fall and Spring.
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Spring 2021 › Bachelor of Science › Bachelor of Science - 4th Semester › Business Taxation

Business Taxation

Course Code:

ACCT401

Lecturers:

Prof. Dr. Martin Jacob

Course Type:

BSc Course

Week Hours:

2,0

Term:

Spring 2021

Language:

Englisch

Credits:

3.0
(Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.)

Course Content

The aim of the course Business Taxation is to give an introduction to the topic of taxation of corporations, shareholders, and businesses and to deepen the understanding of how taxes affect business decisions. The course, for example, deals with the tax influence on investment decisions, financing decisions, the choice of organizational form, and mergers and acquisitions. The lecture focuses on concepts that can be applied to different tax systems around the world. After successfully participating in the course Business Taxation, participants understand the role of taxes in key business decisions and are able to apply the concepts to practical problems. The course content comprises, for example:

Fundamentals of business taxation
- US Tax Law
- German Tax Law
- Taxation of Partnerships and Corporations
Integrating income taxes into finance
- Partnerships: The after-tax ‘Standard Model’
- Corporations: Corporate tax systems
- Investment and payout decisions of corporations
- Influence of loss offset rules
Neutral income tax systems
- Cash-Flow Tax
- Allowance for Corporate Equity Tax
- Taxation of Economic Profits
Corporate Tax Avoidance and International Profit Shifting of Multinationals
- Debt vs. equity financing
- Transfer pricing
- Use of royalties and licenses

The course is taught by Prof. Dr. Martin Jacob.

Additional information for WHU Students:

This course is part of the module Business Taxation that comprises two parts. First, the lecture “Business Taxation” by Prof. Dr. Martin Jacob gives an introduction to tax planning. To deepen the understanding of these concepts, the second part of the module is based on case studies. The course “Cases in Business Taxation” is taught by Sven Westphälinger, Partner at KPMG.

The grading of the course is based on the final exam (90 min).

As this course is part of the module “Business Taxation”, the overall grade for the module based on the exam for the lecture “Business Taxation” (50%) and the course “Cases in Business Taxation” (50%).