SYLLABUS

SYLLABUS | Page 1 of 11

INSTITUTE OF BUSINESS AND PUBLIC AFFAIRS (IBPA)

2nd Semester; SY 2021-2022

VISION
“A university of excellence, innovation, and inclusion”

MISSION
1. To elevate knowledge generation, utilization and distribution;
2. To promote inclusive sustainable development through research and extension-based higher quality education, technical vocational skills, responsive to the
needs of local and global community; and
3. To produce holistic, creative and inclusive human resource which are responsive and resilient to global challenges while maintaining strong sense of
nationhood.

CORE VALUES
1. God-centered and humane
2. Critical and Creative
3. Disciplined and Competent
4. Committed and Collaborative
5. Resilient and Sustainable .

GRADUATE OUTCOMES
1. Research-oriented and innovative;
2. Empowered with sense of professionalism;
3. ICT enabled;
4. Effective Communicator; and
5. Endowed with Filipino and universal values.
 SYLLABUS

SYLLABUS | Page 2 of 11
INSTITUTE GOAL/S
1. To create a vibrant classroom environment by providing ample classroom facilities, laboratory equipment and apparatus to enrich institutional
experiences.
2. To produce technically competent and globally competitive hoteliers and restaurateurs by nurturing and sustaining a renowned level of skills-based
training and research based development in the hospitality and tourism sector.
3. To generate adequately skilled and technically knowledgeable law enforcers who are proficient in the law enforcement and in the fields of criminalistics.
4. To spawn ethical and globally qualified professionals equipped with a reasonable managerial, financial and entrepreneurial skills.

Program Educational Objectives (PEO) in relation to the University Mission

PROGRAM EDUCATIONAL OBJECTIVES (PEO) DOrSU MISSION

The objectives of the program are: 1 2 3

1. To introduce the principles of asset valuation from an applied perspective. ✓ ✓ ✓

2. Help the students to seek employment and assume entry-level jobs or position of responsibility as financial analyst, financial manager or
✓ ✓ ✓
executive.

3. Prepare the students to pursue a teaching career or graduate studies in business. ✓ ✓ ✓

Student Learning Outcomes (SLO) in relation to the Program Educational Objectives

PEO

Graduates of a BSBA program should be able to: 1 2 3

1. Complete understanding of the concepts, principles and the theories of Income Taxation. ✓ ✓ ✓
 SYLLABUS

SYLLABUS | Page 3 of 11
2. Exhibit local and global competitiveness in the fields of business and financial management and demonstrate professional, social and ethical
✓ ✓ ✓
values which is relevant in today’s dynamic development.

3.Conducts researches and utilize business information and technology to development strategic business decisions and/or models which are
✓ ✓ ✓
responsive to the needs of stakeholders.

COURSE INFORMATION
1. COURSE NUMBER : BA 122
2. COURSE TITLE : Taxation (Income Taxation)
3. PRE-REQUISITE :
4. CO-REQUISITE :
5. NUMBER OF UNITS :3
6. CONTACT HOURS : 54
7. COURSE DESCRIPTION : This course is designed to provide students conceptual knowledge in the practical applications of basic principles of
Taxation as they relate to individual finance and/or business operation.

COURSE LEARNING OUTCOMES (CLO)

CLO 1 Understand and discuss the principles of taxation under the TRAIN Law.

CLO2 Apply the basic principles and policies of Philippine Income Tax Law.

CLO3 Classify taxpayers and identify the sources of income in order to determine applicable income tax liability for each taxpayer.

CLO4 Develop a comprehensive understanding of Income Tax in relation to taxpayer and tax base; gross income; deductions from gross income; tax return
 SYLLABUS

SYLLABUS | Page 4 of 11
preparation and withholding taxes.

CLO5 Recognize and broadly understand tax compliance requirements demanded by government agencies and private sectors.

ALIGNMENT OF COURSE LEARNING OUTCOMES (CLO) TO STUDENT OUTCOMES (SO)

Course Learning Outcomes (CLO) Level Student Outcomes (SLO) Satisfied Course Outcomes Proficiency Assessment Through

CLO 1 I 1, 2, 3, 4, 5, 6, 7, 8, 9,14 Written and Oral Assessment, Web-based Assessment

CLO 2 Written and Oral Assessment, Board work, Problem solving,

I 1, 2, 3, 4, 5, 6, 7, 8, 9,14
practical examination (on line ICT), Securities assessment

CLO 3 Written and Oral Assessment, Board work, Problem solving,

I 1, 2, 3, 4, 5, 6, 7, 8, 9,14
practical examination (on line ICT), Securities assessment

CLO4 Written and Oral Assessment, Board work, Problem solving,

I 1, 2, 3, 4, 5, 6, 7, 8, 9,14
practical examination (on line ICT), Securities assessment

CLO5 Written and Oral Assessment, Board work, Problem solving,

I 1, 2, 3, 4, 5, 6, 7, 8, 9,14
practical examination (on line ICT), Securities assessment

Legend: Level
 SYLLABUS

SYLLABUS | Page 5 of 11
/ I / = Introductory Course. This course introduces students to the SO.
/ E /= Enabling Course. This course enables the students to eventually achieve the indicated SO.
/ D /= Demonstrative Course. This course requires students to demonstrate the achievement of the indicated SO.

COURSE OUTLINE

Satisfied
Student
Time Learning Management Course
Fram Topic/Task Desired Learning Outcomes Learning Assessment
e System Outcomes

(CLO)

⮚ Welcoming, Roll Call, Class At the end of the week, students should be able to: -Groupchat-lesson
Expectation, Grading System, class dissemination
room rules and policies Course -Understand the classroom policies, requirements -
Introduction and distribution of and grading system; ⎯ Multi-media Written/Oral
course outline. Lecture/Presentation Quiz -
- Understand DORSU VMG and Quality Policy
WEEK CLO1 Problem
⮚ Gender and Development ⎯ Interactive Discussion
Solving
1 to 3
I- Introduction: Tran Law Briefing ⎯ Web-based CLO2
-To live within the principles of human Assignment /
⮚ Definition of Tax Reform for individuality. Instruction
Written
Acceleration and Inclusion (TRAIN); Narrative
⎯ Multimedia
Instruction Report
⮚ Purpose of TRAIN in the Philippine’s
- To know the general principles of R.A 10963 (Classroom
tax system.
(TRAIN) Income Tax Provisions or Google
⮚ The Motives and Vision of TRAIN Classroom or
-To understand the purpose of the revised Philippine
Law GC-FB
Tas System
Messenger
 SYLLABUS

SYLLABUS | Page 6 of 11
⮚ Benefits and Impact of TRAIN Rooms)

II – Republic Act 10963 (TRAIN) Income Tax or

Provisions
-Web-based
⮚ R.A 8424 vs R.A. 10963- Income Assessment
Tax Provisions Overview;

⮚ Definition of Terms under R.A 10963

o Gross Receipts

o Gross Sales

o Self Employed

o Professionals

o Vat Threshold

o Minimum Wage Earner

⮚ Income Tax Rates on Individual

Citizen and Individual Resident Alien

⮚ Income Tax Rates in Certain Passive

Income

⮚ Income Tax Rates on non-resident

alien individual

⮚ Government Owned and Controlled

Corporations (GOCCs), Agencies or
Instrumentalities.
 SYLLABUS

SYLLABUS | Page 7 of 11
⮚ Exclusions from Gross Income

⮚ Special Treatment of Fringe Benefits

⮚ Deductions from Gross Income

⮚ GPPs and Partners of GPPs

⮚ Individual not required to file Income

Tax Return

⮚ Time of filing of Individual Income

Tax Return

⮚ TRAIN transitory provisions

III – General Principles At the end of the week, students should be able to: Written/Oral
Quiz -
⮚ Definition, Purposes and Scope of -Know and understand the general principles of
Problem
Taxation taxation
WEEK Solving
- Group chat-lesson
⮚ Theory and basis of taxation -Understand the nature or characteristics of taxation dissemination
4-6 Assignment /
CLO1,
⮚ Basic principles of a sound tax -Understand the aspects and classification of taxes Written
⎯ Multi-media
system CLO2, Narrative
Lecture/Presentation
Report
⮚ Nature or characteristics of the state’s CLO4
⎯ Interactive Discussion (Classroom
power to tax
or Google
⎯ Web-based CLO5
⮚ Limitations on the power of taxation Classroom or
Instruction GC-FB
⮚ Aspects and classification of taxes
Messenger
⎯ Multimedia
⮚ The three inherent powers of the
 SYLLABUS

SYLLABUS | Page 8 of 11
government and its distinctions Instruction Rooms)

⮚ Forms of escape from taxation or

⮚ Tax Amnesty -Web-based
⮚ Sources of tax laws
Assessment

PRELIM EXAMINATION

At the end of the week, students should be able to:

IV - The Bureau of Internal Revenue -Learn the nature and duties of the Bureau of - Group chat-lesson CLO1, -
Internal Revenue dissemination
WEEK ⮚ Nature, powers, duties and functions Written/Oral
CLO2,
of the BIR -Understand the general principles of Income Tax Quiz -
7-9
⎯ Multi-media
CLO3, Problem
⮚ Internal revenue taxes -Learn the different classifications of income Lecture/Presentation
Solving
taxpayers CLO4
⮚ Powers and duties of the ⎯ Interactive Discussion
Assignment /
Commissioner CLO5
⎯ Web-based Written
⮚ Abatement or cancellation of tax Instruction Narrative
liability Report
⎯ Multimedia (Classroom
⮚ Refund or credit of taxes Instruction or Google
Classroom or
GC-FB
V – Items and concept of Income Taxes Messenger
Rooms)
⮚ Definition of Income
or
 SYLLABUS

SYLLABUS | Page 9 of 11
⮚ Definition of Income Tax -Web-based
Assessment
⮚ Classification of income tax

⮚ Classification of income taxpayers

⮚ General definition of gross income

⮚ Self-help income

⮚ Compensation paid in promissory

note

⮚ Transportation, representation and

other allowances

⮚ RATA, PERA and ACA granted to

government employees

⮚ Vacation and sick leave allowance

⮚ Forgiveness of indebtedness

⮚ Remuneratory donations

⮚ Refund of tax

VI – Fringe benefits and fringe benefits tax At the end of the week, students should be able to: - Group chat-lesson -
dissemination Written/Oral
⮚ Definition -Understand what is fringe benefits and fringe CLO1, Quiz -
benefits tax. ⎯ Multi-media
WEEK ⮚ Imposition of fringe benefits tax Problem
Lecture/Presentation CLO2,
Solving
10 to ⮚ Fringe benefits to rank and file CLO3,
employees ⎯ Interactive Discussion Assignment /
 SYLLABUS

SYLLABUS | Page 10 of 11
12 ⮚ De minimis benefits not subject to ⎯ Web-based CLO4, Written
withholding tax Instruction Narrative
CLO5 Report
⮚ Employer gives benefit beyond the ⎯ Multimedia
ceiling
(Classroom
Instruction or Google
⮚ Tax rate and tax base Classroom or
GC-FB
⮚ Housing privilege
Messenger
⮚ Motor vehicle of any kind Rooms)

⮚ Expense account or

⮚ Household expenses -Web-based

Assessment
⮚ Interest on loan at less than market
rate

⮚ Membership fees, dues etc.

⮚ Expenses for foreign travel

⮚ Holiday and vacation expenses

⮚ Educational Assistance

⮚ Insurance Premiums

⮚ Fringe benefits of NRA (NETB)

⮚ Accounting application of fringe

benefit expense and fringe benefit tax

MIDTERM EXAMINATION
 SYLLABUS

SYLLABUS | Page 11 of 11
VII- Exclusion from Gross Income At the end of the week, students should be able to: - Group chat-lesson
dissemination
⮚ Items excluded from gross income - Learn the different items of benefits excluded from CLO1,
gross income ⎯ Multi-media
⮚ Proceeds of life insurance CLO2,
Lecture/Presentation -
WEEK ⮚ Return of the premiums Written/Oral
⎯ Interactive Discussion CLO3,
Quiz -
13 -14 ⮚ Gifts, bequests and devisees Problem
⎯ Web-based CLO4,
⮚ Compensation for personal injuries or Solving
Instruction CLO5
sickness
Assignment /
⎯ Multimedia
⮚ Income exempt under treaty Written
Instruction
Narrative
⮚ Retirement benefits Report
⮚ Retirement pay of government (Classroom
officials or employees or Google
Classroom or
⮚ Separation pay GC-FB
Messenger
⮚ Social security benefits
Rooms)
⮚ SSS and GSIS benefits
or
⮚ Prizes and awards
-Web-based
⮚ GSIS, SSS, Philhealth and other Assessment
contributions

⮚ 13th month pay and other benefits

⮚ Minimum wage earners

⮚ Other exclusions from gross income

 SYLLABUS

SYLLABUS | Page 12 of 11
At the end of the week, students should be able to:

VIII - Deductions from Gross Income -Understand the allowable and itemized deductions - Group chat-lesson CLO1, -
from gross income dissemination
⮚ Taxpayers who may avail of Written/Oral
CLO2,
deductions Quiz -
WEEK
⎯ Multi-media
CLO3, Problem
⮚ Allowable deductions -Learn the general principles and concept of Lecture/Presentation
Solving
15 - 16 withholding tax system
⎯ Interactive Discussion CLO4,
⮚ Itemized deductions Assignment /
⎯ Web-based CLO5 Written
⮚ Optional standard deductions
Instruction Narrative
Report
⎯ Multimedia (Classroom
Instruction or Google
IX - Withholding Tax System Classroom or
GC-FB
⮚ Rationale for the withholding tax Messenger
system Rooms)
⮚ Kinds of withholding income taxes
or
⮚ Withholding tax on compensation
-Web-based
income
Assessment
⮚ Final withholding taxes

⮚ Creditable withholding taxes

⮚ Withholding agents

⮚ Exemption from withholding tax

⮚ Failure of a withholding agent to

 SYLLABUS

SYLLABUS | Page 13 of 11
collect and remit tax

⮚ Persons required to deduct and

withhold

WEEK At the end of the week, students should be able to: CLO1,

16 to X- Filing of returns, payment of tax and -Understand the importance and responsibilities of - Group chat-lesson CLO2, -
18 compliance requirements individual’s filing of returns, payment of taxes and dissemination Written/Oral
compliance to the filing requirements. CLO3,
⮚ General requirements of income tax Quiz -
⎯ Multi-media
returns CLO4 Problem
Lecture/Presentation
Solving
⮚ Individuals required to file CLO5
⎯ Interactive Discussion
Assignment /
⮚ Individuals not required to file
⎯ Web-based Written
⮚ Substituted filing of income tax Instruction Narrative
returns Report
⎯ Multimedia (Classroom
⮚ Employees qualified to avail of Instruction or Google
substituted filing Classroom or
⮚ Time for filing GC-FB
Messenger
⮚ Where to file the return and pay the Rooms)
tax
or
⮚ Installment payment of tax
-Web-based
⮚ Electronic filing and payment system
Assessment
(EFPS)
 SYLLABUS

SYLLABUS | Page 14 of 11
⮚ e-Filing and e-Payment

⮚ Compliance requirements

⮚ Income taxpayers required to register

⮚ Statements to accompany returns for

income tax purposes

⮚ Keeping of books of accounts and

records

⮚ Issuance of receipts

⮚ Keeping of receipts/invoices

⮚ Printing of receipts

XI – Additions to Income tax

⮚ Time of filing of individual income

tax return

⮚ Installment payment of individual

income tax

⮚ Civil penalties

⮚ Interest

⮚ Deficiency and delinquency

⮚ Delinquency interest
 SYLLABUS

SYLLABUS | Page 15 of 11
FINAL EXAMINATION

References:
1. Income Taxation with Practice Set 15th edition by Omar Erasmo G. Ampongan, 2019
2. Philippine Income Tax Volume 1 by Christopher P. Llamado and Jack L. De Vera, 2020 Edition
3. Income Taxation Laws, Principles and Applications by Rex B. Banggawan, CPA, MBA, 2021 Edition
4. The Law on Income Taxation in the Philippines by Atty. Danilo M. Galang, Jr., CPA, 2021
5. Taxation Digestby Crescencio P. Co Untian Jr., 2021
6. The New Tax Code of the Philippines by Josephrally L. Chavez Jr., 2021

Internet Sites:
http:/www.bir.gov.ph
https://www.facebook.com/birgovph and https://www.facebook.com/people/BIR-RDO-114-Mati-City/100069116623818/
https://www.youtube.com/c/birgovphl/videos

Course Requirements:
1. Attendance (Classroom, Google Meet Attendance or FB Messenger Rooms)
2. Quizzes, Assignments, Narrative Reports/Research Works, and Behavior (Classrooms, Google Classroom, Google Meet or FB Messenger Rooms)
3. Oral Recitation (Classroom, Google Meet or FB Messenger Rooms)
4. Three Major Examinations (Google Classroom/Google Meet)

Grading System:

ASSESSMENT METHODS:
A. Oral Recitation/Narrative Reports 20%
B. Assignments and Quizzes 20%
C. Research and Project 10%
C. Major Examinations 50%
 SYLLABUS

SYLLABUS | Page 16 of 11
TOTAL 100%

CLASS MANAGEMENT POLICIES:

1. Gadgets Requirements
 Any of the following if available: laptop, smartphone, and ordinary phone
2. Modality of the Conduct of Classes
Online
 Synchronous
Conduct of sessions for queries (individual or group ) through a friendly online platform common to all students for the following:
 Covered lessons within a specified period;
 Consultations on how activities are to be accomplished; and
 Difficult topics that need further explanations (computations and operations)
 Asynchronous
 Publishing of IMs (modules, power point/presentations, and video clips) through common online media downloadable by the
students anytime.
Offline
 Provision of any printed IMs at the guard (Gate 3) for student’s reproduction.

Blended Learning
 Availability of IMs (modules, power point/presentations, and video clips) online and in the college 3 rd gate downloadable
/reproducible respectively by the students anytime.

Prepared by: Checked by: Recommending Approval: Approved by:

 SYLLABUS

SYLLABUS | Page 17 of 11

SHAIRALYN FAYE M. MARTINEZ, MBA ERLINDA J DIASEMEN, MBA DR. JERALYN H. SACRO DR. ROSELYN V. REGINO
Faculty Program Head IBPA - Dean Director for Instruction

___________ ____________ ____________ ____________

Date Date Date Date