1. TOMAS CLAUDIO COLLEGES
College of Law
SYLLABUS – TAXATION I
I. COURSE DESCRIPTION:
There are enough tax laws and revenue regulations in the statutes books to
raise money required by the Government to defray its expenses, but revenue
collections have never reached the expected yield of the laws. The failure lies not
in the defects of the tax laws nor on the lack of enthusiasm and vigor on the part
of the collection agencies of the Government, but on the lack of response on the
part of the public. Peoples’ apathy stems from the fact that an ordinary taxpayer
finds the tax laws difficult to understand coupled with too burdensome mode of
tax payment. It is with the realization of these facts that the tax collection
agencies of the Government now have shifted their efforts from collection to tax
information.
Relatedprinciplesoftaxationfound in widely separatedprovisionsofthe NIRC,
Revenue Regulations and other Special Tax Laws of the BIR can be put together
and reduce to terms within the easy comprehension of the law students so as to
provide them with better understanding of the theoretical principles of the tax
laws. Thereafter, our government can capitalize on the knowledge of our law
students in taxation to disseminate the most needed understanding and
cooperation of the people in matters of taxation for a robust economy benefiting
of the entire nation.
II. COURSE OBJECTIVES:
1) To unfold the basic principles that underlie our system of taxation in the
Philippines today,
2) To develop familiarity with the basic laws in taxation and to be able to apply
the fundamentals of taxation in our daily life activities;
3) To provide the law student with a clear perspective of the present tax domain,
and
4) To stimulate in the student tax-consciousness by presenting to them in a
simplified and abbreviated manner without sacrificing the proper scope in
taxation so that they may readily comprehend their important roles and
relationship with the government in nation building.
2. III. COURSE STRATEGIES AND METHODS:
1. Lecture and discussion
2. Class recitation and participation
3. Case studies and group discussion
IV. WORK PLAN AND LESSON DISTRIBUTION:
1. Introduction, concepts and general principles in taxation inclusive of the
latest tax law amendments
2. The NIRC (RA 8424), the TRAIN LAW (RA 10963) and CREATE Act (RA
11534) on:
Individual and Corporate Income Taxation -
a) Definition of tax terms, theories and doctrines,
b) Classification of income taxpayers;
c) Source of income and situs of taxation;
d) Income from services, business and professions, farming, interest, rent
and whatever source;
e) Income from sale of properties;
f) Taxable income, exclusions
g) Allowable deductions;
h) Exemption from income tax as applied to the different kinds of
taxpayers;
i) Capital gains tax, different kinds of withholding taxes;
j) Determination of taxable income and computation of income tax due the
government, and
k) Filing of tax returns, payment of the tax and penalties.
3. Business taxes
a) The Value –Added tax
b) Percentage taxes
c) Excise tax on certain goods
d) Documentary Stamp tax
V. COURSE REQUIRMENTS:
1) Quizzes after each major topic
2) Graded class recitation
3) Cases digest
4) Mid-term examination
5) Final examination
VI. REFERENCES:
1) The National Internal Revenue Code
2) RA 10963 and RA 11534
3. 3) Latest tax amendments in the Tax Code
4) Revenue Regulations and BIR issuances
5) Supreme Court’s decisions in taxation and jurisprudence
6) Tested classroom materials and problems.
Prepared by:
Dr. Virginia Jeannie P. Lim
Professor
