CAF - ACCO 20173 Business Tax

POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS

COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting
_________________________________________________________________________________________________________________________________________
OUTCOMES-BASED COURSE SYLLABUS

COURSE INFORMATION
Course ACCO Course Title BUSINESS TAX Course Credit 3.0

Code 20173
Course Description This subject covers the knowledge of the concepts, principles, laws, rules and procedures associated with transfer taxes (donor’s tax and estate tax) and
business taxes (percentage tax, value-added tax, excise tax, documentary stamp tax, and other relevant business taxes) for individuals, partnerships and
corporations. Understanding of the new tax code, rules and provisions as amended by the TRAIN ACT (Tax Reform for Acceleration & Inclusion) or RA No.
10963, CREATE law (Corporate Recovery and Tax Incentives for Enterprises Act) or RA No. 11534 and other relevant tax laws.
Pre-Requisites ACCO 20133: Income Taxation Co-Requisites None
PUP: The National Polytechnic University

VISION (PUP: Pambansang Politeknikong Unibersidad)
Ensuring inclusive and equitable quality education and promoting lifelong learning opportunities through a re-engineered polytechnic university by
committing to:
▪ provide democratized access to educational opportunities for the holistic development of individuals with global perspective
MISSION ▪ offer industry-oriented curricula that produce highly-skilled professionals with managerial and technical capabilities and a strong sense of
public service for nation building
▪ embed a culture of research and innovation
▪ continuously develop faculty and employees with the highest level of professionalism
▪ engage public and private institutions and other stakeholders for the attainment of social development goal establish a strong presence and
impact in the international academic community
The Polytechnic University of the Philippines commits to provide inclusive and equitable quality education and promote
lifelong learning opportunities for human advancement and social transformation through re-engineered polytechnic
QUALITY POLICY STATEMENT academic programs. Toward this end, we, the members of the PUP Community will vigorously and steadfastly endeavor
to continuously improve the standard of university services to the satisfaction of our clients through the adoption and
continuous review of our Quality Management System.
_________________________________________________________________________________________________________________________________________
1. Critical and Creative Thinking. Graduates use their rational and reflective thinking as well as innovative abilities to life
situations in order to push boundaries, realize possibilities, and deepen their interdisciplinary, multidisciplinary, and/or
transdisciplinary understanding of the world.
2. Effective Communication. Graduates apply the four macro skills in communication (reading, writing, listening, and
speaking), through conventional and digital means, and are able to use these skills in solving problems, making
INSTITUTIONAL LEARNING OUTCOMES decisions, and articulating thoughts when engaging with people in various circumstances.
3. Strong Service Orientation. Graduates exemplify strong commitment to service excellence for the people, the
(ILO) clientele, industry and other sectors.
4. Adept and Responsible Use or Development of Technology. Graduates demonstrate optimized and responsible use
of state-of-the-art technologies of their profession. They possess digital learning abilities, including technical,
numerical, and/or technopreneurial skills.
5. Passion for Lifelong Learning. Graduates perform and function in society by taking responsibility in their quest for further
improvement through lifelong learning.
6. Leadership and Organizational Skills. Graduates assume leadership roles and become leading professionals in their
respective disciplines by equipping them with appropriate organizational skills.
7. Personal and Professional Ethics. Graduates manifest integrity and adherence to moral and ethical principles in their
personal and professional circumstances.
8. Resilience and Agility. Graduates demonstrate flexibility and the growth mindset to adapt and thrive in the volatile,
uncertain, complex and ambiguous (VUCA) environment.
9. National and Global Responsiveness. Graduates exhibit a deep sense of nationalism as it complements the need to
live as part of the global community where diversity is respected. They promote and fulfill various advocacies for
human and social development.
The College aims to:

1. Ensure the development of globally competitive professionals, managers and leaders in the field of accountancy,
finance and other allied disciplines through excellent and relevant and responsive accountancy and finance education
accessible to all Filipinos specifically to the socio economically disadvantaged population.
COLLEGE GOALS 2. Ascertain the generation and diffusion of knowledge and technologies in the broad range of disciplines, relevant and
allied to accountancy and finance through continuing education and research, information and communication
technology, networking, and linkages with local, national and foreign organization
_________________________________________________________________________________________________________________________________________
3. Strengthen/enhance its organizational capability to become the leader in advocating reforms and innovations and
fulfilling its social responsibility commitment through research and development studies, and extension and consultative
services.
After finishing the program, its graduates are expected Alignment to ILOs
to: 1 2 3 4 5 6 7 8 9
1. Resolve and recommend solutions to business issues
and problems, with a global and strategic perspective
using critical thinking and technical proficiency in the
areas of financial accounting and reporting, auditing, ✓ ✓ ✓
advanced financial accounting and reporting,
management services, taxation, regulatory framework
for business transactions, and information systems.
PROGRAM LEARNING OUTCOMES
(PLO) 2. Conduct accountancy research through
independent studies of relevant literature and ✓
appropriate use of accounting theory and
methodologies.
3. Employ technology as a business tool in capturing

financial and non-financial information, generating and ✓ ✓
communicating reports and making decisions.
4. Apply knowledge and skills that will successfully

respond to various types of assessments (including ✓ ✓
professional licensure and certifications).
5. Confidently maintain a commitment to strong service

orientation, good corporate leadership and citizenship,
social responsibility and ethical practice in performing ✓ ✓ ✓
functions as an accountant.
_________________________________________________________________________________________________________________________________________
6. Demonstrate dedication to lifelong learning and

flexibility in adapting to the changing business,
economic and regulatory environments, and ✓ ✓
accounting and auditing standards.
Alignment to PLOs
• Record financial transactions in compliance with 1 2 3 4 5 6
generally accepted accounting and reporting
standards (both global and local) for sole
proprietorships, partnerships, corporations, government
and not-for-profit organizations.
• Prepare Accountancy reports such as budgets and
business plans using appropriate framework
• Conduct financial and operational audits of all types of
business enterprise and not-for-profit organization
• Prepare individual and corporate income tax returns
and conduct basic tax planning in compliance with ✓
relevant legislations and regulations.
• Perform cost-benefit analysis for management decision.
• Design and implement a management control and
performance system
• Communicate effectively the results and financial
analysis.
PERFORMANCE INDICATORS • Design an appropriate research plan

(PI) • Prepare a critical review of related literature
• Analyze results of study and discuss implications and
contributions to body of knowledge
• Present findings and conclusions of study ✓
• Communicate effectively the recommendations.
• Customize an accounting software to a particular

business entity
• Develop a financial model using spreadsheet software
• Analyze the performance of a particular business entity ✓
using appropriate accounting software tools and
functions.
_________________________________________________________________________________________________________________________________________
• Generate and communicate effectively the financial

and non-financial results
• Perform accounting-related work in actual workplace

based on pre-set standards
• Pass licensure examinations or qualify for professional
accreditations/certifications
• Promote adherence to legitimate and acceptable ✓

ethical objectives of an organization
• Communicate limitations or other constraints that would
preclude responsible judgment or successful
performance of an activity such as in the practicum or
on-the-job training ✓
• Prepare and communicate financial and non-financial

reports using the updated business, economic and
regulatory environments, and accounting and auditing
standards
Alignment to PLOs
After completing this course, learners should be able to: 1 2 3 4 5 6
a. Describe the nature of business taxes and transfer P
taxes. P P
b. Determine the gross estate and gross gift under the P P P
Tax Code, as amended. P
COURSE LEARNING OUTCOMES P P
c. Explain the allowed deductions from gross gift / gross
estate and allowed tax credits. P
P P
(CLO) d. Compute the donor’s tax payable, estate tax still
due and business tax payable. P
e. Discuss the compliance requirements for business P P
and transfer taxes.
Legend: L- Facilitate learning of competencies; P- Allow student to practice competencies; O- Provides opportunity for development
_________________________________________________________________________________________________________________________________________
OUTCOMES-BASED TEACHING AND LEARNING PLAN (OBTL PLAN)

Instructional Delivery Design Alignment to CLOs
Desired Learning Outcomes Flexible Learning and Teaching Activities Assessment
Week Learning Content/Topics Face-to-Face
(DLOs) (FLTAs)
Synchronous Asynchronous 1 2 3 4 5
1-4 At the end of the lesson, the Donor’s Tax Lecture/discussions Lecture/discussions Students will be Formative Assessment: ✓ ✓ ✓ ✓ ✓
student will be able to: • Principles, concepts about the topics about the topics asked to read the • Assignment
• describe the principles, involving donor’s provisions for • Seatwork/Groupwork
concepts of Donor’s taxation Guide the Guide the Donor’s Tax under • Recitation
taxation; • Transfers which may students in students in the Tax Code, as
• discuss the items to be be considered a understanding understanding the amended.
included as part of Gross donation Donor’s Tax Donor’s Tax Summative Assessment:
Gift; • Classification of • Pencil-Paper test (Quiz
• explain the allowed donors Students to present & Departmental
deductions from gross gift • Net gifts/donations their Examinations)
• compute the donor’s tax • Tax due and tax solutions/computations
due and donor’s tax credits; credits, if applicable to the assigned
• determine the donor’s tax • Tax return preparation problems
still due and foreign tax and filing and tax
credits; and payments
• recognize the Tax • Compliance
implications of transactions requirements
applying the tax rules and • Tax implications of
regulations, and sound tax transactions applying
planning strategies within the tax rules and
legal and ethical bounds to regulations, and
efficiently manage tax sound tax planning
liabilities. strategies within legal
and ethical bounds to
efficiently manage
tax liabilities
_________________________________________________________________________________________________________________________________________
5-8 At the end of the lesson, the Estate Tax Lecture/discussions Lecture/discussions Students will be Formative Assessment: ✓ ✓ ✓ ✓ ✓
student will be able to: • Principles, concepts about the topics about the topics asked to read the • Assignment
• describe the principles, involving estate provisions about • Seatwork/Groupwork
concepts involving estate taxation Guide the Guide the estate tax under • Recitation
taxation; • Classification of students in students in the Tax Code, as
• distinguish the classification decedent and type understanding estate understating estate tax amended.
of decedents and two types of transfer of property tax Summative Assessment:
of donations; • Net estate Students to present • Pencil-Paper test (Quiz
• compute the gross estate • Tax due and tax their & Departmental
and allowed deductions; credits, if applicable solutions/computations Examinations)
• determine the estate tax • Tax return preparation to the assigned
due and allowed tax credits; and filing and tax problems
and payments
• explain the compliance • Compliance
requirements under BIR requirements
issuances. • Tax implications of
transactions applying
the tax rules and
regulations, and
sound tax planning
strategies within legal
efficiently manage
tax liabilities
9 MIDTERM DEPARTMENTAL EXAMINATION
10-13 At the end of the lesson, the Value Added tax: Lecture/discussions Lecture/discussions Students will be Formative Assessment: ✓ ✓ ✓ ✓ ✓
student will be able to: • Nature and about the topics about the topics asked to read • Assignment
• explain the nature and characteristics of provisions on VAT • Seatwork/Groupwork
characteristics of VAT value-added tax Guide the Guide the under the Tax • Recitation
• describe the sources of VAT • Persons subject to students in students in Code, as
output and VAT input value-added tax understanding Value understanding the VAT amended.
• compute the VAT Output • Transactions subject Added Tax payable Summative Assessment:
and VAT input to 12%, 0% and • Pencil-Paper test (Quiz
• discuss the transactions withholding VAT & Departmental
subject to 12% and 0% and and/or exempt from Students to present Examinations)
withholding VAT value-added tax their
• explain VAT exempt • Sources of input tax solutions/computations
transactions • Value-added tax to the assigned
• prepare VAT return and payable or excess problems
computation of VAT input tax credits and
payable. tax credits, if
applicable
_________________________________________________________________________________________________________________________________________
• rationalize the processing of • Process for claiming

VAT refund input VAT refund
• recognize the compliance • Tax return preparation
requirements under VAT and filing and tax
based on BIR issuances. payments
• Compliance
requirements
• Tax implications of
the tax rules and
regulations, and
sound tax planning
efficiently manage
tax liabilities
14-15 At the end of the lesson, the Other Percentage Taxes Lecture/discussions Lecture/discussions Students will be Formative Assessment: ✓ ✓ ✓ ✓ ✓
• explain the nature and characteristics of provisions on • Seatwork/Groupwork
characteristics of Other percentage tax Guide the Guide the Others Percentage • Recitation
Percentage Taxes; • Persons subject to students in students in Taxes under the Tax
• describe the persons subject percentage tax understanding Other understanding Other Code, as
to Other Percentage taxes; • Transactions subject Percentage Taxes Percentage Taxes amended. Summative Assessment:
• compute the Other to and/or exempt • Pencil-Paper test (Quiz
Percentage Taxes due and from percentage tax Students to present & Departmental
Tax credits, if any; • Percentage tax due, their Examinations)
• prepare Other Percentage and tax credits, if solutions/computations
tax returns; applicable to the assigned
• discuss the various tax rates • Tax return preparation problems
and tax base of Other and filing and tax
Percentage Taxes; payments
• apply the business taxation • Determine
for Senior Citizen and compliance
disabled persons under RA requirements
7277 • Tax implications of
the tax rules and
regulations, and
sound tax planning
_________________________________________________________________________________________________________________________________________
efficiently manage
tax liabilities
Specific provisions of other
special laws relating to
business taxation
• Senior Citizen’s Law
(RA 7432)
• Magna Carta for
Disabled Persons (RA
7277)
16-17 At the end of the lesson, the Documentary Stamp tax Lecture/discussions Lecture/discussions Students will be Formative Assessment: ✓ ✓ ✓ ✓ ✓
• explain the nature and characteristics of provisions on • Seatwork/Groupwork
characteristics of documentary stamp Guide the Guide the Documentary • Recitation
Documentary Stamp tax tax students in students in Stamp tax and
(DST) and Excise Tax. • Transactions subject understanding understanding Excise Tax under
• describe the transactions to and/or exempt Documentary Stamp Documentary Stamp the Tax Code, as Summative Assessment:
subject to and /or exempt from documentary tax and Excise Tax tax and Excise Tax amended. Pencil-Paper test (Quiz &
from DST stamp tax Departmental
• compute the Documentary • Tax base and tax due Students to present Examinations)
Stamp tax due and Excise • Tax return preparation their
Tax payable and filing and tax solutions/computations
• prepare Documentary payments to the assigned
Stamp tax return and Excise • Compliance problems
Tax return requirements
• discuss the various tax • Tax implications of
compliance requirements transactions applying
based on BIR issuances the tax rules and
regulations, and
sound tax planning
efficiently manage
tax liabilities
Excise Tax
• Nature and
characteristics of excise
tax
• Transactions subject to
and/or exempt from
excise tax
_________________________________________________________________________________________________________________________________________
• Tax base and tax due

• Tax return preparation
and filing and tax
payments
• Compliance
requirements
• Tax implications of
the tax rules and
regulations, and sound
tax planning strategies
within legal and ethical
bounds to efficiently
manage tax liabilities
18 FINAL DEPARTMENTAL EXAMINATION
LIST OF REFERENCES
• National Internal Revenue Code
• RA 10963: Tax Reform for Acceleration and Inclusion or TRAIN Law
• RA 11534: Corporate Recovery and Tax Incentives for Enterprises Act
• Senior Citizen’s Law (RA 7432)
• Magna Carta for Disabled Persons (RA 7277)
• Ortega, Gerwin and San Jose, Geno. Instructional Material for Business Taxation
• Ortega, Gerwin and San Jose, Geno. Business Taxation book
• KPM 2830 .L58 2019 Litonjua, Lilian M. (2019). Philippine laws on transfer taxes and business taxes : per Train Act R.A. 10963
CLASSROOM POLICY
FACE-TO-FACE DELIVERY FLEXIBLE TEACHING AND LEARNING ACTIVITIES (FLTAs)
Synchronous:
The allowed number of absences for students enrolled in ACCO 20173 with once- 1. Be in virtual classroom at least five (5) minutes before the scheduled class to resolve connection issues.
a-week meeting is four (4). Request for excused absences or waiver of absences 2. Wear smart casual attire. Sleeveless and sandos are not allowed. From time to time, your professor may
must be presented upon reporting back to class. Special examinations will be ask you to turn on your camera. This is true especially during class recitation.
allowed only in special cases, such as prolonged illness. It is the responsibility of the 3. You should be seated for the duration of the meeting and if you need to attend to urgent matters during
student to monitor his/her own tardy incidents and absences that might class that will take some time, please inform your instructor using the chat box and wait for his/her
accumulate leading to a grade of “FA,” (Failed due to Absences). It is also his/her approval.
responsibility to consult with the teacher, chair or dean should his/her case be of 4. Find a quiet place conducive for learning and turn off or put into silent mode any cellphones, TV, and
special nature. radio.
5. Use headphones/earphones during class.
All BSA and BSMA students are expected to be academically honest. Cheating, 6. Mute the microphone when you are not speaking.
lying and other forms of immoral and unethical behavior will not be tolerated. Any 7. If you have any question or clarification, please do one of the following:
_________________________________________________________________________________________________________________________________________
student found guilty of cheating in examinations will (at a minimum) receive a ➢ Click the “Raise Hand” function on the MS Teams/Zoom Screen and wait to be called/recognized before
grade of 5.0 in the said test. unmuting your microphone. When done, mute your microphone again.
➢ You may use the chat box.
8. Attendance will be monitored every session.
➢ Students are encouraged to attend synchronous class regularly and promptly.
➢ If you cannot attend the class, for any reasons (such as a family emergency), please inform your
Professor.
➢ A student must be responsible for what transpired if he/she missed a class. A student may contact
another classmate or his professor to find out what he/she missed in class.
9. Show respect to your faculty and address them as Dr., Prof., or Ms. or Mr.
10. Observe courtesy at all times.
Asynchronous
1. You are expected to read, review or study the materials made available for you in the virtual classroom.
2. Your Professor will be online to answer all queries pertaining to the subject/course during your regular class
schedule.
COURSE REQUIREMENT/S GRADING SYSTEM

Class Standing
Quizzes 50%
Assignments, seat works/groupworks and other activities 20%
Departmental examination 30%
Total 100%
(Midterm Grade + Final Term Grade) ÷ 2 = Final Grade*
*To be translated using the PUP Grading System found in the recent Student Handbook
CLASS INFORMATION FACULTY INFORMATION

Section: Name of Faculty:
Time: Consultation Time:
Room: Office Tel. No./ Mobile Phone No.
Semester: Institutional Email:
Suggested Rubrics for Assessment

A. Students shall be graded or marked in accordance with the following system based on the Student Handbook:
_________________________________________________________________________________________________________________________________________
GRADE/MARK PERCENTAGE/ EQUIVALENCE DESCRIPTION

1.0 97-100 Excellent
1.25 94-96 Excellent
1.50 91-93 Very Good
1.75 88-90 Very Good
2.0 85-87 Good
2.25 82-84 Good
2.50 79-81 Satisfactory
2.75 76-78 Satisfactory
3.0 75 Passing
5.0 65-74 Failure
Inc. Incomplete
W Withdrawn
Prepared by: Reviewed and checked by: Recommending Approval: Approved by:
GENO C. SAN JOSE, MBA, CPA, JD NOEL A. BERGONIA, MBA, CPA JULIETA G. FONTE, PhD, CPA EMANUEL C. DE GUZMAN, PhD
Faculty Chairperson Dean Vice President for Academic Affairs
Form No. ______________________

Revision No. ___________________
Date of Approval _______________
Semester ______________________
Academic Year _________________

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POLYTECHNIC UNIVERSITY OF THE PHILIPPINES

OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS

OUTCOMES-BASED COURSE SYLLABUS

Course ACCO Course Title BUSINESS TAX Course Credit 3.0

Pre-Requisites ACCO 20133: Income Taxation Co-Requisites None

PUP: The National Polytechnic University

The College aims to:

3. Employ technology as a business tool in capturing

4. Apply knowledge and skills that will successfully

5. Confidently maintain a commitment to strong service

6. Demonstrate dedication to lifelong learning and

PERFORMANCE INDICATORS • Design an appropriate research plan

• Customize an accounting software to a particular

• Generate and communicate effectively the financial

• Perform accounting-related work in actual workplace

• Promote adherence to legitimate and acceptable ✓

• Prepare and communicate financial and non-financial

OUTCOMES-BASED TEACHING AND LEARNING PLAN (OBTL PLAN)

• rationalize the processing of • Process for claiming

• Tax base and tax due

18 FINAL DEPARTMENTAL EXAMINATION

COURSE REQUIREMENT/S GRADING SYSTEM

CLASS INFORMATION FACULTY INFORMATION

Room: Office Tel. No./ Mobile Phone No.

Semester: Institutional Email:

Suggested Rubrics for Assessment

GRADE/MARK PERCENTAGE/ EQUIVALENCE DESCRIPTION

Form No. ______________________

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