ITAX302

Income Taxation

STUDENT
Name:
Learning Module on ITAX302
Student Number:
Program:
 PROFESSOR
Name: Raniel C. Anido/Eugenio S. Otic, Jr.
Academic Department: Department of Business Education
Consultation Schedule:
Email Address: anido.dbeccc@gmail.com / eugeniootic@yahoo.com
Contact Number:(+63) 9175970906 / (+63) 9288225170

General Instructions

Please read carefully and understand each lesson in these modules.

Learning Module on ITAX302

In these modules, the students are provided with various lessons that can be used to improve
their skills set. These modules provide students in-depth knowledge of the principles of income
taxation and its practice.

After each lesson, there are activities provided to the students. Performing these activities will
help them to put into practice ideas, learnings, skills from the lesson. The students will be graded
based on the results of these activities.

At the end of the module, the students will be assessed with what they have learned from the
lessons and be graded accordingly.

After the students have accomplished all the requirements of the modules, the students are
required to submit their answers regarding the enrichment and assessment activities at the time
not later than what is advised by the college or by their professor.

If the pandemic will be over before the term ends, there will be a possibility of administering
periodic examinations at the end of the term.

It should also be noted that in these times of pandemic, “Learning” is now the primary
responsibility of the students. The module will assist them on what should be learnt and what
skill sets should be acquired.

The students are allowed to refer to other references as it may deemed necessary.

It is also important that the students maintain honesty and integrity with the accomplishment of
the module at all times.

Learning Module on ITAX302

 1

LEARNING MODULE INFORMATION

I. Course Code ITAX302
II. Course Title INCOME TAXATION
III. Module Number ONE (1)
IV. Module Title INTRODUCTION TO INCOME TAXATION
V. Overview of the Module The module will serve as an introduction for income taxation. General
principles in taxation are highlighted in this module for better
understanding of the student as a background for how taxation works and
its importance in a State, who are subjected to such, what income should
be taxed, and what tax should be applied.

VI. Module Outcomes At the end of the module, the students should be able to:
a. Learn the basic principles of taxation
b. Classify the taxpayers subjected to taxation and determine the
applicable tax rates
c. Identify the taxable income of the taxpayer and what kind of
income should be taxed

Learning Module on ITAX302