Understanding income taxation
/ by Christine Angelica B. Elveņa
- 2020 edition
- 689 pages
Chapter I. General principles Part 1. General concepts of taxation Part 2. Concept of taxes Part 3. Scope and limitations of taxation Part 4. Tax laws and doctrines in taxation Chapter II. General principles on income taxation Part 1. Concept of income Part 2. Taxability if income Part 3. Tax implication Part 4. Features of income tax Chapter III. Deduction from gross income Chapter IV. Individual income taxation Part 1.Types of income taxes Part 2. Compensation income Part 3. Income from business, trade, or profession Part 4. Passive income Part 5. Gains derived from dealings in property Chapter V. Corporate income taxation Part 1. Kinds of income tax Part 2. Domestic corporation Part 3. Resident foreign corporation Part 4. Non-resident foreign corporation Chapter VI. Estate and trusts Part 1. General provisions Part 2. Estates Part 3. Trusts Chapter VII. Administrative requirements Part 1. Taxable periods and accounting methods Part 2. Books of accounts Part 3. Withholding tax system Part 4. Filing of returns and payment of taxes by individual taxpayers Part 5. Filing of returns and payment of taxes by corporate taxpayers