Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
COURSE DESCRIPTION:
This course (ACCTAX1 or Income Taxation) involves an intensive study of the Philippine income tax system. It
deals with conceptual and practical application of income taxation of individual, partnership and corporation as
they relate to accounting practice. The emphasis is on the application of the theories and principles in solving
tax problems and the use of the same to enhance human development and social transformation.
As evidence of attaining the above learning outcomes, the student is required to do and submit the following
during the indicated dates of the term.
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LEARNING OUTCOMES (LO) REQUIRED OUTPUTS DUE DATE
Below are the rubrics that students will use to self-check their required output prior to submission. The same
rubrics will also be used to grade the student’s work.
Business report
CRITERIA EXEMPLARY SATISFACTORY DEVELOPING BEGINNING RATING
(100) (90) (80) (70)
Content The group applies The group applies The group applies The group fails to
(Application of all relevant income some income tax few income tax apply income tax
theories learned tax topics topics topics topics
to the business appropriately. appropriately. appropriately. appropriately.
case)
[80%]
Format and The group follows The group follows The group follows The group does
English the format and the format and the format but not follow the
language uses excellent uses English uses the English format and uses
[10%] English language. language in the language the English
paper which is at somewhat language
an acceptable inappropriately. inappropriately.
level.
Teamwork The group shows The group shows The group shows The group shows
[10%] strong teamwork teamwork as somewhat lack of lack of teamwork
as evidenced by evidenced by teamwork as as evidenced by
consistency both consistency in evidenced by inconsistencies
in the flow and terms of content of some both in the flow
contents of the the paper. inconsistencies and contents of
paper. both in the flow the paper.
and contents of
the paper.
TOTAL:
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OTHER REQUIREMENTS AND ASSESSMENTS:
Aside from the final output, the student will be assessed at other times during the term by the following:
Business report
The purpose of this business report is to apply the tax concepts and techniques in an analysis of a real-world tax
issue or problem.
This will be a group written report. Each group will comprise of two (2) to three (3) members. The group will
identify the tax issue or problem which will be submitted to the faculty on Week 3 for approval.
The group will submit a project proposal on Week 4. The faculty will give feedback on Week 5. The proposal will
contain an overview on what the group intends to cover in the term paper and how they will accomplish it. This
is to ensure that the tax issue or problem identified is viable. The proposal should cover the following:
It may contain 250 to 500 words, however, it is the quality that matters.
The group will submit an outline on Week 7. The faculty will give feedcack on Week 8. The outline should
include a thesis statement or controlling idea which clearly identifies a debatable position. It should also contain
a main topic for each body paragraph and few supporting details. This may contain 500 to 750 words, however,
it is the quality that matters. The outline may be numbered or bullets. It should also contain references. The
citations should be using Harvard format.
The business report will be submitted on Week 14 in softcopy (pdf format, 12 font size, double-space) to the
faculty. The business report should contain the following:
· Executive summary
· Table of contents
· Nature of the tax issue or problem
· Evaluation of the tax issue or problem with extensive discussion of legal bases
· Possible alternatives to address the tax issue or problem
· Evaluation of possible alternatives with extensive discussion of legal bases
· Recommendation
· Reference list
The business report may contain 3,000 to 5,000 words (body only), however, it is the quality that matters. It may
contain pictures, charts or diagrams, and appendices showing the calculations and supporting documentations.
Use business English in preparing the business report and write using the first person (i.e., use “we”). Assume
that the group is a tax consultant.
Class standing
This will include the following:
· Graded recitation/class participation
· Attendance
· Punctuality
· Good manners and right conduct
· Assignment notebook (columnar)
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GRADING SYSTEM:
Basis Percentage
Departmental long examinations (3 exams) 45%
Departmental final examination 20%
Business report (5% proposal and outline, and
10% business report) 15%
Case study on tax return preparation 10%
Class standing 10%
Total 100%
LEARNING PLAN:
LEARNING Week
TOPICS Learning Activities
OUTCOMES No.
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LEARNING Week
TOPICS Learning Activities
OUTCOMES No.
4.6 Bad debts
4.7 Depreciation
4.8 Depletion
4.9 Charitable and other contributions
4.10 Research and development
4.11 Pension trusts
4.12 Optional standard deduction
4.13 Premium payments
4.14 Special deductions
4.15 Items not deductible
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LEARNING Week
TOPICS Learning Activities
OUTCOMES No.
SECOND LONG EXAMINATION 8 Units 5, 6, 7, 8, 9 & 10
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REFERENCES:
Required Textbook:
De Leon, H. S. and De Leon, H. M. (2016) The Law on Income Taxation (With Illustrations,
Problems and Solutions), 15 th Edition. Manila, Philippines: Rex Book Store.
Other References:
A. Books
Casasola, E. M. (2012) NIRC and Other Tax laws. Manila, Philippines: Rex Book Store.
C. Online Resources
Republic Act (RA) No. 9178 (2002) “An Act to Promote the Establishment of Barangay Micro
Business Enterprises (BMBEs), Providing Incentives and Benefits Therefor, and for Other
Purposes”, [Online]. Available from: http://www.bsp.gov.ph/downloads/laws/RA9178.pdf
(Accessed: January 3, 2017).
Executive Order (EO) No. 226 (1987) “The Omnibus Investments Code of 1987”, [Online].
Available from: http://www.gov.ph/1987/07/16/executive-order-no-226-s-1987/ (Accessed:
January 3, 2017).
Republic Act (RA) No. 7916 (1995) “The Special Economic Zone Act fo 1995”, [Online].
Available from: http://www.peza.gov.ph/index.php/about-peza/special-economic-zone-act
(Accessed: January 3, 2017).
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