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Course Code: BBINCTAX

Course Title: INCOME TAXATION

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Topic 3: GENERAL PRINCIPLES OF INCOME TAXATION

• Concept of Income for Taxation Purposes
• Classification of Taxpayers
• Situs of Income Taxation
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Learning Outcomes:
• Understand the Concept of Income for Income Taxation Purposes
• Identify the different types of Income Tax payers whether individual, corporate, estate
or trust
• Explain the situs of income taxation
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Proposed Teaching and Communication Strategies:

• Power point presentation
• Lecture/Discussion
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Pre- Activity:
• Discussion of last meeting’s activity.
• Attendance
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Lecture Content:
Activity:

• Quiz No. 1- General Principles of Taxation and Income Taxation

Assignment:

• Research about Topic #4: Final Income Taxation and be ready for a graded recitation
next meeting

References:

• Rex Banggawan (2021) Income Taxation, Laws Principle and Applications

• Enrico Tabag (2021) Income Taxation with Special Topics