Royal Colleges of Science and Management Inc.

皇家科学与管理学院
“The breeding ground of excellence”
Zone 5 #1670, Bascon Street, Dumlog, Talisay City, Cebu 6045
Email : info.college@fcra.edu.ph
Contact No.: (32)384-9657

Course Syllabus
In
Philippine Tax System & Income Tax (TAX 11)
First Semester AY: 2022-2023

Department/Area : College of Business

Curriculum : Bachelor of Science in Accounting Technology
Curriculum Year : First Year
Number of Hours/Semester : 54 hours
Credit Unit (s) : 3 units
Prerequisite : None
Vision of the College : A Breading ground of Excellence, known for its research driven, Competency based
economy, Scientific approach, mainframe perspective academic institution.
Mission of the College : To provide innovative, holistically developed and competent professionals with a
distinct culture of discipline.

Goal of the College : The College, shall produce scientifically and holistically oriented graduates braced
with excellence, knowledge, skills and attitude, to strengthen community both
locally and globally.
Course Description

This course introduces the general principles of taxation and statutory provisions on income taxation including pertinent revenue regulations. The main topics that

will be covered include: the general principles of taxation, sources of revenue and its sub-topics,
determining income from employment, income from business, and income from property, deductions from business and property income, capital gains and
losses, other income and deductions, computation of taxable income and tax administration.

Time Frame Learning Competencies Assessment Learning Activities Content Resources

(Learning Competencies)

PRELIM

Knowledge: Quizzes 1. Interactive Introduction and Books

Discussion overview
1. Explain and Discuss the Creative Presentation History/origin of Laptop
Introduction, overview, 2. Multimedia Taxes
history, origin revenue of Questioning instruction Introduction to Projector
taxes. Internal Revenue
Collaborative 3. Problem Solving Taxes Journals
2. Identify the sources of Learning Sources of
revenue & revenue and Revenue from Web
determine all deductions Internal Revenue
from gross estate. Tax
Situs of Taxation
Skill:

1. Describe the general Transfer Taxes and

structure of the Philippine Basic Succession
Income Taxation system. Nature of Transfer
Taxes
2. Distinguish situs of Basis of Estate Tax
taxation. Basis of
Succession

Gross Estate
 3. Analyze the transfer Composition &
taxes and classify the basic Valuation of Gross
succession. Estate

4. Classify the nature and Deductions from

category of gross estate. Gross Estate
Nature & Category
Attitude / Values:

Integrate acquired ideas in

basic principles and policies in
the Philippine Income Tax Law
in real life scenario.

MIDTERM

Knowledge: Quizzes 1. Interactive Estate Tax Books

Discussion
Identify all factors Creative Presentation Donor's Tax Laptop
affecting estate tax. 2. Student Nature, Kinds,
Questioning Presentation Characteristics and Projector
Skill: Essentials
Collaborative 3. Multimedia Journals
1. Classify the nature, Learning Instruction Business Taxes
kinds, characteristics and The VAT Reform Web
essentials of donor’s tax. 4. Problem Solving Law

2. Discover the Vat Reform

Law and give an opinion on
this law.

Attitude / Values:
 Integrate acquired ideas in
basic principles and
policies in the Philippine
Income Tax Law in real life
scenario.

FINAL

Knowledge: Collaborative 1. Interactive Business Transfer Books

Learning Discussion and Exchange
1. Explain what value Transactions Laptop
added tax is. Quizzes 2. Multimedia
Instruction Value-Added Tax Projector
2. Analyze and discuss Creative Presentation Special VAT
special vat problems. 3. Student Problems and Journals
Presentation Cases
Skill: Web
Percentage Taxes
1. Classify the business Excise Taxes
transfer and exchange Local Taxes
transaction and explain its Documentary
nature. Stamp Tax

2. Calculate and find the

amount of VAT.

Attitude / Values:

Integrate acquired ideas in

basic principles and
policies in the Philippine
Income Tax Law in real life
scenario.