TY  - BOOK
AU  - Aduana, Nick L.
TI  - Simplified and procedural handbook on income taxation
SN  - 9789719924500
U1  - 343.599052 
PY  - 2012///]
CY  - Quezon City
PB  - C & E Publishing
KW  - Income tax
KW  - Law and legislation
KW  - Philippines
KW  - lcgft
N1  - Includes bibliographical references and index; Chapter 1: Basic principles of taxation; Nature and concept; The need of taxation; Bases of income taxation; Brief historical background of Philippine revenue laws; Tax laws in the Philippines; Nature of taxation; Characteristics of income taxation in the Philippines; Purposes of taxation; Inherent powers of the state; Stages of taxation; Basic principles of a sound tax system; Limitations of the power of taxation; Sources of taxation laws; Interpretation of taxation laws; Situs of taxation; Means of escape from taxation; Taxes; Essential characteristics of taxes; Canons of taxation; Classification of taxes; Tax distinguished from other charges; Chapter 2: Administrative provisions of income taxation; Definition and concept; Tax assesment; Tax collection; Remedios of the Government to enforce tax collection; Other tax remedies of the government; Remedies of the taxpayer; Forfeiture of refund; Forfeiture of tax credit; Government offices handling tax administrative functions; Bureau of internal revenue (BIR); Chapter 3: Classification of individual taxpayers; Nature and concept; Classification of individual taxpayers; Allowable personal exemption; Guidelines on grant of basic personal exemption; Guidelines on grant of additional personal exemption; Basic guidelines on change of filing status; Health/hospitalization insurance premium ( HHIP); Taxable income based on classification of inividual; Taxpayers; Chapter 4: Income; Nature and concept; General classification of income; Requisites for income to be taxable; Classification of taxable income; Compensation income; Business/Professional income; Gains from dealing in property; Passive income; Other taxable income; Interest income; Rent income; Dividend income; Annuities; Prizes and winnings; Recovery of bad debts written off; Tax refund; Allocation from unidentified gross income; Exclusion from gross income; Chapter 5: Gains and losses from dealings in property; Nature And Concept; Measurement; Ordinary assets and capital assets; Ordinary and capital gain (Loss); Basic rules on ordinary gains and losses; Basic rules on capital gains and losses; Real property; Real property classified as held for sale by real estate dealer; Sale of housing unit to the government; Real property classified as principal residence; Installment payment of capital gains tax; Computation of installment amount of capital gains tax; Share of stock; Sale of share of stock through the local stock exchange; Taxation in sale of stock through the local stock exchange; Sale of share of stock outside the local stock exchange; Determination of gain or loss from sale of shares of stock; Selling price of stock held as capital assets; Fair market value of shares of stock; Cost of shares of stock; Effect of stock divedend; Limitation of capital losses; Sale or issurance of shares of stock through IPO; Wash sale; Rules on losses from wash sales; Shares of stock becoming worhless; Substituted bassic tax-free exhanges; Substituted basis of securities; Received by the transferor; Substituted basic of the transferred property in the hands of the transferee; The original basis of property to be tranferred; Share surrendered upon dissolution and liquidation; Preferred shares of security redeemed for retirement; Other types of security transaction; Payment of tax on sale of shares of stock; Effect of non-payment of tax; Penalties; Chapter 6: Fringe Benefits; Nature and concept; Tax treatment of fringe benefits; Non-taxable fringe benefits; De minimis benefits; Tax base and fringe benefits tax rate; Treatment of fringe benefits tax; Basic procedures in computing fringe benefits tax; Monetary value; Specific types of fringe benefits; Housing privilege; Expense account benefits; Motor vehicle benefits; Household expense benefits; Interest on loan at less than market rate benefits; Membership fess benefit; Expenses for foreign travel benefit; Holiday and vacation expenses benefit; Educational assistance benefits; Premium in excess of life,health,and non-life insurance benefits; Chapter 7: Allowable Deductions; Nature and concept; Kinds of deduction; Optional standard deduction; Itemized deductions; Special deductions; Non-deductible item; Chapter 8: Income tax of individuaks; Nature and concept; Individual taxpayers required to file an income tax return; Where to file the income tax return; When to file the income tax return; Substitute filling of income tax return; Miscellaneous provisions on filing the return; Guidelines for handling centavos; Taxes paid by individual taxpayers; Factors affecting the computation of income tax; Composition of income within the philippines; Tax credits; Limitations on tax credit; Installment payment of income tax; Basic rules in determining sources of income; Chapter 9: Income taxes of partnership estate, and trusts; Nature and concept; Classification of partnership; General professional partnership; General co-partnership; Comparisons of general professional partnership and general co-partnership; Co-ownership; Estate; Trust; Chapter 10: income tax of corporations; Nature and concept; Classification of corporationg; Income tax liability of a corporation; Normal corporate income tax (NCIT); Minimum corporate income tax (MCIT); Excess minimum corporate income tax; Optional gross income tax; Improperly accumulated earnings tax (IAET); Special corporations; Corporate income tax return; Tax credit for corpotations; Chapter 11: Withholding Taxes; Natures and concept; Withholding taxes; Income tax payment subject to final and creditable withholding taxes; Withholding tax on compensation income; Income tax collected at source on compensation income; Statements and return; Liability on withholding tax on compensation; Use of exceptional computation; Chapter 12: Compliance Requirements; Nature and concept; Keeping og books of account; Registration requirements
ER  -