INSTITUTE OF BUSINESS EDUCATION AND GOVERNANCE

COURSE SYLLABUS
nd
2 Semester, School Year 2020-2021

Course No. : BUS LAW 4

Course Title : Transfer, Estate, Business, Miscellaneous Tax
Course Description : This course involves an intensive study of the business, transfer,
estate and miscellaneous taxes. The relationship between these taxes
and other taxes are emphasized. The different classification of
business tax such as Value-Added Tax and Percentage will also be Prepared by: BEVERLY GRACE B. BALDERAZ, MBA
discussed. The discussion revolves in the Philippines setting and will Faculty
be primarily anchored on the TRAIN Law.
Course Outcomes : At the end of the course, the students will be able to:

Understand the function of the Bureau of Internal Revenue.

Understand the concept of Transfer, Estate, Business, Checked/ NOREEN FAITH PUZON, CPA
Miscellaneous Taxes. Reviewed by: Chair, Accounting Dept.
Identify the major Business Taxes.
Understand the concept of Percentage Tax and Value-Added
Tax.
Solve illustrative problems under the given tax classifications.
Apply knowledge on the course to real-life situations.
Course Credit : 3
Prerequisite : None
Contact Hours/ : 3 hours/week Approved by: CHERRY ANN P. ROXAS, DBA
Week Dean, IBEG
 COURSE PLAN
GRADING
TEACHING AND CRITERIA
TIME STUDENT LEARNING COURSE CONTENT/ ASSESSMENT RESOURCE
LEARNING (RUBRICS,
FRAME OUTCOMES SUBJECT MATTER TASKS (ATs) S NEEDED
ACTIVITIES (TLAs) OBJECTIVE
TESTS, ETC.)
At the end of the session, the students
are expected to:

 Know the behaviour that are Orientation

required from them during class Presentation of Course  Class Discussion  Student
Week 1 hours Syllabus and Grading Syllabus Presentation Not Applicable Handbook
 Be guided for the rest of the System  Course N/A
semester of the flow of the subject Syllabus
 Know the grading system that will
be used to calculate their final
grade for the course.

At the end of the session, the students Module 1: Organization Excellent- 1.0
are expected to:  Computer Outstanding- 1.25
and Function of Bureau of Very Good- 1.50
Internal Revenue  Quiz  Internet Very Satisfactory
 Oral Connection 1.75
 Understand the role of the  Smart
Lesson 1:  Powers and Duties Recitation Quite good- 2.00
Week 1 Bureau of Internal Revenue. Phones Good- 2.25
of the Bureau of Internal  Reading of
given module  Modules Satisfactory- 2.50
Revenue Mod. Satisfactory-
2.75
Lesson 2: Chief Officials of  Online Passing- 3.0
the Bureau of Internal Discussion
Revenue

Lesson 3: Sources of
Revenue
 At the end of the session, the Module 2: Business Tax
students are expected to:
 Reading of  Quiz  Computer
 Understand the concept of given module  Internet
Business Tax. Lesson 1: Introduction to Connection
Week 2  Identify the major Business Tax  Online  Smart -do-
classifications of Business Discussion Phones
Tax.  Modules

Week 3 At the end of the session, the students

are expected to:
 Reading of  Computer
 Understand the concept of given module  Quiz  Internet -do-
Percentage Tax. Lesson 2: Percentage Tax  Online Connection
 Solve illustrative problems Discussion  Smart
on percentage tax.  Reporting Phones
 Modules

At the end of the session, the students

are expected to:
 Reading of  Computer
 Understand the concept of Lesson 3: Value-Added Tax given module  Business  Internet -do-
Week 4-5 Value-Added Tax (VAT).  Online Review Connection
 Differentiate VAT and Non- Discussion  Smart
VAT Business Registration.  Reporting Phones
 Solve illustrative problems  Modules
on VAT.
At the end of the session, the students
are expected to:  Computer
Week 6-7 Lesson 4: VAT on Sale of  Reading of  Quiz  Internet
 Understand the rules of Services given module Connection -do-
VAT on sales.  Smart
 Solve illustrative problems. Phones
 Online
 Modules
Discussion
  Reporting

Week 8 At the end of the session, the students

are expected to:
 Reading of  Quiz  Computer
 Understand the general rules Lesson 5: Common VAT given module  Internet -do-
of VAT and its applicability. Rules/VAT and Income Tax Connection
 Online
 Determine the relationship of Individual  Smart
Discussion
of VAT and Income Tax of Phones
individual.  Reporting  Modules
 Solve illustrative problems.
Week 9 MID-YEAR EXAMINATION
At the end of the session, the students  Computer
are expected to: Module 3: Transfer &  Reading of  Internet
Week 10 Estate Tax given module Connection
 Understand the concept of  Online  Smart -do-
Transfer and Estate Tax. Lesson 1: Donor’s Tax Discussion Phones
 Understand the concept of  Reporting  Modules
Donor’s Tax.  Situation
 Solve illustrative Analysis
problems.  Quiz
At the end of the session, the students
are expected to:  Computer
 Reading of  Internet -do-
 Understand the concept of given module Connection
Week 11 Gross Estate. Lesson 2: Gross Estate  Online  Smart
 Identify the composition of Discussion Phones
Gross Estate.  Reporting  Modules
 Solve Illustrative Problems.
At the end of the session, the students
are expected to:  Computer
 Quiz  Internet -do-
 Understand the concept of Lesson 3: Deduction from the  Reading of Connection
Week 12 the deductions or claims Gross Estate given module  Smart
against the estate.  Online Phones
 Understand Vanishing Discussion  Modules
 Deduction.  Reporting
 Solve
illustrative
problems.
At the end of the session, the students
are expected to:  Computer
 Quiz  Internet -do-
 Understand the concept of  Reading of Connection
 Situation
Estate Tax. given module  Smart
Week 13 Analysis
 Understand the concept of Lesson 4: Estate Tax/Net  Online Phones
Net Taxable Estate. Taxable Estate Discussion  Modules
 Solve illustrative problems.  Reporting

At the end of the session, the students

are expected to:  Computer
 Understand the purpose of  Internet -do-
Week 14 Estate Tax Return.  Reading of  Quiz Connection
 Learn the rules on Tax Lesson 5: Estate Tax Return, given module  Smart
Payment. Tax Payment and  Online Phones
 Learn the requirements for Administrative Requirements Discussion  Modules
the payment of Estate Tax.  Reporting

At the end of the session, the students

are expected to: Module 4: Miscellaneous Tax
 Computer
 Understand the concept of Lesson 1: Introduction to  Reading of  Internet
Week 15 miscellaneous tax. Miscellaneous Tax given module Connection
 Quiz
 Identify items under  Online  Smart -do-
miscellaneous tax. Discussion Phones
Lesson 2: Examples of  Modules
Miscellaneous Tax
At the end of the session, the students
are expected to:
 Computer
 Relate theoretical  Internet
learnings to real-life  Webinar  Reaction Connection
Week 16 situations. Final Activity:  Smart
Paper
 Express their selves Webinar on Taxation Phones
 Modules
 through  Resource
questions and Speaker
comments to
speaker.
 Make reaction paper on
the things discussed by
the speaker.
 Learn to facilitate
programs.
Week 17 Checking of Activities, Assessment and Giving of Feedbacks
Week 18 FINAL EXAMINATION

COURSE REQUIREMENTS GRADING SYSTEM CLASSROOM POLICY

Quizzes Attendance is counted from the first day of regular classes regardless of the date of the
student’s enrolment thus classes missed due to late enrolment shall be considered
absent
Requirements
Requirements – 50%
A student who has incurred absences of more than 20% of total class meeting in a given
Exam – 30%
 Reaction Paper time shall not be given credit for the course or subject
Participation - 15%
 Module/Activities
Final Paper - 5% Subjects with or without laboratory and more than 3 units subjects is as follows:
Total – 100% Any subject meeting 1 x a week = 3 absences max. = 4 absences over cut
Any subject meeting 2 x a week = 7 absences max. = 8 absences over cut
Any subject meeting 3 x a week = 10 absences max.= 11 absences over cut
Any student who exceeds the prescribed maximum numbers of cuts for a particular
subject is considered dropped, and shall receive a corresponding remark in the Report of
Grades of DROPPED for the semester regardless of his performance in the class as of the
 date of debarment.
Note: Other classroom policies, please refer to the student handbook
SUGGESTED READINGS AND REFERENCES Counterchecked by:

1. Reyes, V. (2019). A Study on Business Taxes and Transfer Taxes under the TRAIN LAW.
2. Ampongan, O. (2019). Transfer, Business & Local Taxation MABELL B. BRIGOLE, MAED-LS
3. Estate Tax - Bureau of Internal Revenue (bir.gov.ph) Director, Library Services
4. Tax Code - Bureau of Internal Revenue (bir.gov.ph)