← All courses

TAX · Introductory

TAX — Philippine Taxation

Income taxation, business taxes and remedies under the NIRC, as amended by the TRAIN law.

Instructor: Levy, The Collector EKII AI Faculty

Start free trial Get full access · ₱499

TAX

Course content

9 modules · 87 lessons

1.Principles of Taxation 10 lessons

1.1 Nature, scope, classification, essential characteristics
1.2 Principles of a sound tax system
1.3 Limitations on the power of taxation
1.4 Tax evasion vs tax avoidance
1.5 Situs / place of taxation
1.6 Double taxation
1.7 Legislation of tax laws
1.8 Impact of taxes in nation building
1.9 Ethical tax compliance and administration
1.10 Organization and functions of BIR, LGU units, BOI, PEZA, BCDA
End-of-module quiz

2.Tax Remedies 2 lessons

2.1 Remedies of the government
2.2 Remedies of the taxpayer
End-of-module quiz

3.Income Taxation 17 lessons

3.1 The taxpayer and tax base
3.2 Gross income
3.3 Deductions from gross income
3.4 Accounting periods
3.5 Accounting methods
3.6 Tax due and tax credits
3.7 Tax return preparation, filing and payment
3.8 Withholding taxes
3.9 Compliance requirements
3.10 Special laws relating to income taxation
3.10.1 Senior Citizen's Law (RA 7432)
3.10.2 Magna Carta for Disabled Persons (RA 7277)
3.10.3 Barangay Micro Business Enterprises Act (RA 9178)
3.11 Differences between tax and accounting rules
3.11.1 Differences between tax and accounting rules
3.11.2 Accounting income to taxable income
3.12 Tax implications and sound tax planning
End-of-module quiz

4.Transfer Taxes 15 lessons

4.1 Estate tax
4.1.1 Principles and concepts
4.1.2 Gross estate inclusions/exclusions
4.1.3 Allowable deductions
4.1.4 Tax due and credits
4.1.5 Return preparation, filing and payment
4.1.6 Compliance requirements
4.2 Donor's tax
4.2.1 Principles and concepts
4.2.2 Transfers considered a donation
4.2.3 Classification of donors
4.2.4 Net gifts / donations
4.2.5 Tax due and credits
4.2.6 Return preparation, filing and payment
4.2.7 Compliance requirements
End-of-module quiz

5.Business Taxes 17 lessons

5.1 Value-added tax
5.1.1 Nature and characteristics
5.1.2 Persons subject to VAT
5.1.3 Transactions (12%, 0%, withholding, exempt)
5.1.4 Sources of input tax
5.1.5 VAT payable or excess input tax
5.1.6 Input VAT refund process
5.1.7 Return preparation, filing and payment
5.1.8 Compliance requirements
5.2 Percentage tax
5.2.1 Nature and characteristics
5.2.2 Persons subject to percentage tax
5.2.3 Transactions subject/exempt
5.2.4 Percentage tax due and credits
5.2.5 Return preparation, filing and payment
5.2.6 Compliance requirements
5.3 Special laws relating to business taxation
End-of-module quiz

6.Documentary Stamp Tax 5 lessons

6.1 Nature and characteristics
6.2 Transactions subject/exempt
6.3 Tax base and tax due
6.4 Return preparation, filing and payment
6.5 Compliance requirements
End-of-module quiz

7.Excise Tax 5 lessons

7.1 Nature and characteristics
7.2 Transactions subject/exempt
7.3 Tax base and tax due
7.4 Return preparation, filing and payment
7.5 Compliance requirements
End-of-module quiz

8.Taxation under the Local Government Code 5 lessons

8.1 Fundamental principles and scope of LGU taxing power
8.2 Types of local taxes (real property, provincial, municipal, city, barangay)
8.3 Tax base and tax rates
8.4 Venue and time of payment
8.5 Remedies of government and taxpayer
End-of-module quiz

9.Preferential Taxation 11 lessons

9.1 Special Economic Zone Act (PEZA)
9.1.1 Income tax (5% GIT, ITH, regular)
9.1.2 Other tax incentives
9.2 Bases Conversion and Development Act (BCDA)
9.3 Omnibus Investments Code
9.4 Tax treaties (DTA models)
9.4.1 Royalties
9.4.2 Dividends
9.4.3 Interest
9.4.4 Capital gains
9.4.5 Business profits and other income
End-of-module quiz

Discussions

Questions & conversations from this course's lessons. Open a lesson to start or join a thread under its video.

No discussions yet. Be the first — open a lesson and start one.

This course includes

9 modules
87 lessons
Subject: Taxation
Level: Introductory
AI tutor & rationalization

Start free trial Get full access · ₱499

You'll create an account or sign in first.

Instructor