Income Taxation Course

1. Page 1
Certificate No. AJA19-0226
COURSE SYLLABUS
Course Code : BA-213/211 Course Title:Income Taxation Document Code. BAFM- 016
No. of Units : 3 Revision No.
Total No. of Hours: 54 Prerequisite/Co-requisite : Effective Date:First Semester, SY 2019-2020
Course Description :
A study of Income Taxation in Philippine setting. Designed to provide students conceptual knowledge in the practical applications of basic principles of
taxation as they relate to individual finance and/or business operation.
Course Learning Outcomes :
LO1. Provide a thorough understanding of the principles of taxation.
LO2. Provide a basic understanding as to the powers and authority of the Commissioner of Internal Revenue under section 4 to 7 , Title 1 of the Tax Code.
LO3. Recognize the essential features of tax remedies.
LO4. Develop a comprehensive understanding of Income Tax in relation to taxpayer and tax base; gross income; deductions from gross income; accounting
periods; accounting methods; tax return preparation;withholding taxes.
LO5. Recognize and broadly understand tax compliance requirements demanded by government agencies and private sector.
COURSE LEARNING PLAN
TOPICS
Time
Allotment
CLO1 CLO2 CLO3 CLO4 CLO5
Teaching and Learning
Activities
Outcomes-Based
Assessments
References
ESSU Vision and Mission, Department’s Specific
Objectives, Course Policies and Guidelines, Standards
and Course Requirements.
Introduction to the Course
1.5 hours x
Conduct orientation
activity as regards to
University’s Vision &
Mission, including
Department goals.
Graded recitation Student Handbook

2. Page 2
Certificate No. AJA19-0226
Principles of taxation
 Nature, scope, classification, and essential
characteristics
 Principles of sound tax system
 Limitations of the power of taxation (inherent
limitations and constitutional limitations)
 Differences between taxation and police power;
differences between taxation and eminent
domain; similarities among taxation, police
power and eminent domain
 Tax evasion vs. tax avoidance
 Site/place of taxation
 Double taxation (direct and indirect)
 Taxes i.e., characteristics, classifications, tax
vs. other charges (e.g., to, special assessment,
license fee, debt)
9 hours x x
 Pre-assign
topical items for
group research
and study
 Teacher-
moderated
group oral
report
 Teacher-
facilitated Q & A
 Written
examination
 Graded group
presentation
Valencia, Edwin G. and
Roxas, Gregorio F.
(2016-2017) 7th edition
Income Taxation
Powers and authority of the Commissioner of Internal
Revenue
 Under section 4 to 7, title 1 of the tax code
 To compromise tax payments, abate or cancel
tax liability and refund or credit taxes
3 hours x x
 Pre-assign
topical items for
group research
and study
 Teacher-
moderated
group oral
report
 Teacher-
facilitated Q & A
 Written
examination
 Graded group
presentation
Valencia, Edwin G. and
Roxas, Gregorio F.
(2016-2017) 7th edition
Income Taxation
Tax Remedies
 Remedies of the government (State); definition,
scope, prescriptive period
 Administrative remedies (tax lien, compromise,
levy and distraint)
 Judicial actions (civil or criminal)
 Remedies of taxpayer (prescriptive period,
administrative remedies i.e., against an
assessment, request for refund or credit of
taxes
 Expanded jurisdiction of the Court of Tax
Appeal (limited to jurisdiction)
6 hours x x x
 Pre-assign
topical items for
group research
and study
 Teacher-
moderated
group oral
report
 Teacher-
facilitated Q & A
 Written
examination
 Graded group
presentation
Valencia, Edwin G. and
Roxas, Gregorio F.
(2016-2017) 7th edition
Income Taxation

3. Page 3
Certificate No. AJA19-0226
Income Tax
 Taxpayer and tax base (i.e., individuals,
corporations, special corporations)
 Gross income (i.e. inclusions, exclusions,
passive income)
 Capital gain tax and final income tax on fringe
benefits
 Deductions from gross income (i.e., itemized or
optional)
 Accounting periods (calendar or fiscal)
 Tax return preparation and tax payments
 Withholding taxes
33 hours x x x x
 Pre-assign
topical items for
group research
and study
 Teacher-
moderated
group oral
report
 Teacher-
facilitated Q & A
 Written
examination
 Graded group
presentation
Valencia, Edwin G. and
Roxas, Gregorio F.
(2016-2017) 7th edition
Income Taxation
Compliance requirements
 Administrative requirements
 Attachments to income tax return
 Keeping books of accounts and records
 Prescriptive period of books of accounts
1.5 hours x x x x x
 Pre-assign
topical items for
group research
and study
 Teacher-
moderated
group oral
report
 Teacher-
facilitated Q & A
 Written
examination
 Graded group
presentation
Valencia, Edwin G. and
Roxas, Gregorio F.
(2016-2017) 7th edition
Income Taxation