FINANSIJSKO PRAVO

After the student passes this exam he/she will be able to: define, recognize and describe the structure of financial law and its specific parts: tax and budget law; define, group and specify the characteristics of public revenues, describe the genesis of certain public revenue, particularly taxes as the most important public revenue of modern states; explain the basic elements of tax law of modern states, the objectives, the effects of taxes, tax terminology, principles of tax, double taxation, tax evasion and other issues of tax law and its application in practice; recognize and define the key elements of specific tax forms (eg, income tax, profit tax, value added tax, property tax) on theoretical and practical level - Montenegro and comparative experiences, especially looking at the compatibility of the tax law of Montenegro with the the European Union; explains the place, role and importance of budget and the budget law in the system of financing public needs, in particular to explain the budgetary principles and their place in theory and practice; explain the process of preparation, adoption and execution of budget, explain control of budget spending and in particular to differentiate types of budgetary control and its importance for the budgetary law of modern states.