Republic of the Philippines

Bulacan State University

City of Malolos, Bulacan
Tel/Fax (044) 791-0153

Office of the Dean of Instruction

COURSE SYLLABUS
TAXATION
ND
2 Semester, AY 2023 - 2024

CAMPUS : Sarmiento Campus

DEPARTMENT : Business and Management Department
PROGRAM : Bachelor of Science in Business Administration - GBA
COURSE CODE : BC103
COURSE TITLE : TAXATION
CREDIT UNITS : 3
PRE-REQUISITE : None
FACULTY : Josephine Diana S. Campos
Paolo Antonio B. Reyes
CLASS SCHEDULE : Tue. & Fri., 11:30-1pm/ Mon. & Thu.,11:30-1pm
CONSULTATION HOURS : Wednesday, 8-11am

COURSE DESCRIPTION:
✔ Income Taxation is an introduction to the fundamental concepts of income taxation, including the
provisions of provisions of RA No. 10963, otherwise known as Tax Reform for Acceleration and Inclusion
(TRAIN), tax on individuals, estates and trusts, inclusions and exclusions in/from the gross income,
capital gains tax, final tax, and allowable deductions from gross income. This course will also present
brief overviews of concepts explored in more detail in tax returns preparations, payment of tax,
withholding taxes and compliance requirements.

University Vision
Bulacan State University is a progressive knowledge-generating institution, globally recognized for
excellent instruction, pioneering research, and responsive community engagements.

University Mission
Bulacan State University exists to produce highly competent, ethical and service-oriented professionals
that contribute to the sustainable socio-economic growth and development of the nation.

Core Values: SOAR BulSU!

Service to God and Community

Order and Peace

Assurance of Quality and Accountability

Respect and Responsibility

The BulSU Ideal Graduates Attributes (BIG-A) reflect the graduate’s capacity as:
a. highly and globally competent;
b. ethical and service-oriented citizen;
c. analytical and critical thinker; and
d. reflective life-long learner.

Program Educational Objectives (PEO)

University Mission
Program Educational Objectives (PEO)
BIG A - BIG A - BIG A - BIG A -
a b c d
PEO 1: Extensive Knowledge in Business Disciplines.
Promotion of broad knowledge and understanding of the key ✓ ✓
areas of business.
PEO 2: Adapt Global Strategies in the International
Business Environment.
✓ ✓ ✓
Enhancement of awareness of international business
environment to formulate relevant business strategies.

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 PEO 3: Analytical Thinking and Problem-Solving Skills.
Strengthening critical thinking and solving skills, supported ✓ ✓
by appropriate analytical and quantitative techniques.

PEO 4: Application of Information Technology.

Development of competencies in the utilization of information ✓ ✓ ✓
and related technologies.

PEO 5: Effective Communication Skills.

Enhancement of skills to effective written and oral ✓ ✓
communication.

PEO 6: Social and Ethical Perspective.

✓ ✓ ✓
Internalizing social values and business ethics

Program Outcomes (PO)

On completion of the course, the student is expected to be able to do the following:

PROGRAM OUTCOMES Program Educational Objectives

(from CMO no. 18, series of 2017) PEO1 PEO2 PEO3 PEO4 PEO5 PEO6
a. Analyze the business environment for ✓ ✓ ✓
strategic direction.
b. Prepare operational plans ✓ ✓
c. Innovate business ideas based on ✓ ✓
emerging industry.
d. Manage a strategic business unit for ✓ ✓ ✓
economic sustainability
e. Conduct business research. ✓ ✓

Course Outcomes and Relationship to Program Outcomes

Course Outcomes
After completing this course, the student must be able to: a b c d e
CO1. Delineate the principles of income taxation, comprising its functions,
nature and purpose. I I I E I
CO2. Acquire essential information relative to the inclusions in and
exclusions from gross income. I E E D I
CO3. Understand the tax code and regard the former as a set of regulations
and rules that must be complied to avoid probable commission of tax violation E E E D E
and non-compliance.
CO4: Apply essential skills relative to the computation of individual income D D D D D
tax.
CO5: Identify the particulars of governing deductions and optional standard I I I E I
deduction for individuals.

Note: (I) Introductory Course to an Outcome (E) Enabling Course to an Outcome (D) Demonstrative Course to
an Outcome

LEARNING EPISODES:

Intended Learning Outcomes Topics Week Learning Activities Suggested

(ILO)
Recognize the university's
VMGO, particularly the
discipline, in order to attain
professional skills, integrity,
moral and ethical values,
integrity, moral and ethical
values.
Assessment
I. Course Overview and 1 VMGO of the University & Recitation
Orientation Class Orientation
o Orientation / Familiarization
o Overview of the Course Discussion of Course
Requirements and
Learning
Expectations/Outcomes

Delineate the principles of II. General principles of 2-4 Lecture/Discussion Quiz on

income taxation, comprising Philippine income taxation Theories
its functions, nature and Lesson 1: Income tax Activity 1: Provide an
purpose. o Meaning of income analysis on the purpose
o Meaning of income tax and justification of income
o Functions of income tax taxation
o Nature and purpose of
income tax Activity 2: Quiz on
Relevant
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 Lesson 2: The Individual Theories on Individual
Taxpayers Taxpayers
Lesson 3: Co-ownership,
Estates, Trusts
Lesson 4: Corporations,
Partnerships
Acquire essential information III. Gross Income 5-6 Lecture/Discussion Problem-
relative to the inclusions in solving
and exclusions from gross Lesson 1: Deductions from o Quiz: Identification of Exercises
income. Gross Income important terms
relative to the nature
Identify the particulars of Lesson 2: Reporting of Income and source of a
governing deductions and taxpayer’s income
optional standard deduction
for individuals.
Calculate to determine the IV. Estate Tax and Donor's Tax 7-8 Lecture/Discussion Problem-
amount of donor’s tax and solving
estate tax Exercises
9 Examination & Assessment
MIDTERM EXAMINATION Checking of Answers
Discussion of solutions to problem-solving
cases
Understand the tax code V. Value Added Tax 10-13 Lecture/Discussion Problem-
remedies and regard the VI. Other Percentage Taxes solving
former as a set of regulations VII. Remedies Activity 5: Problem- Exercises
and rules that must be solving exercises:
complied to avoid probable - Computation of Quiz:
commission of tax violation VAT Theories
and non-compliance. relative to the
VAT

Identify transactions by
senior citizens that are
covered by the 20% discount
and VAT exemption
VIII. Senior Citizens and PWDs 14-17 Lecture/Discussion Quiz: BMBE,
IX. Barangay Micro Business DST and
Enterprise (BMBE) Activity 6: Reflection on Local
X. Documentary Stamp Taxes the principles of local Taxation
(DST), PEZA/BOI Entities, taxation
Local Taxation (Principles,
Community Tax, Real Property
Tax, Local Business Taxes),
Other Special Topics
XI. Excise Tax

18 Examination & Assessment

FINAL EXAMINATION Checking of Answers
Discussion of solutions to problem-solving
cases

FINAL COURSE OUTPUT (Individual Project):

✔ Submission of BC103 portfolio a week before the final examination is required. The contents of the
portfolio must be arranged in the order of the following:
1. Modules 1-16
2. Activity Sheets (checked and recorded)
3. Group output activity evaluation sheet
4. Case study evaluation sheets
5. Quizzes and Major Examination/s

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RUBRIC FOR ASSESSMENT:

OTHER REQUIREMENTS AND ASSESSMENTS:

✔ In addition to the required final output, the student will also be assessed in other times during the term
through submission/fulfillment of the following:
o Class Participation
o Assignments
o Individual/Group Activity
o Problem-solving exercises
o Oral Presentation
o Case Study
o Quizzes & Major Examinations

GRADING SYSTEM:
Term Examinations 30%
Participation/Recitation 20%
Quizzes 20%
Project /Portfolio/Activities 20%
Attendance 10%
TOTAL 100%

Final Grade = Midterm Grade + Final Term Grade Period

2

Range Grade
97-100 1.00
94 – 96 1.25
91 – 93 1.50
88 – 90 1.75
85 – 87 2.00
82 – 84 2.25
79 – 81 2.50
76 – 78 2.75
75 3.00
74 and below 5.00

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REFERENCES:
✔ Masacayan, E. (2024). Taxation Laws in the Philippines. Central Book Supply Inc.
✔ Elveña, C. (2021). Understanding Income Taxation. Central Book Supply Inc.
✔ Tabag, E., & Garcia, E. (2021). Income Taxation with Special Topics (With CREATE Law). Quezon
City, Philippines: EDT Bookshop.
✔ Banggawan, R. (2021). Income Taxation. Rex Bookstore Inc.
✔ Banggawan, R. (2019) Income Taxation: Laws, Principles, and Applications. Manila, Philippines: Rex
Bookstore.

ONLINE RESOURCES:
✔ TRAIN LAW http://www.dof.gov.ph/taxreform/index.php/pit/

CLASS POLICIES:
✔ Students are highly encouraged to ask questions and contribute their insights and observations, as long
as they are relevant to the subject matter being discussed.
✔ Regular attendance is expected of all students. In any case that a student incurs an absence due to an
illness/injury, he/she should submit a medical certificate to support such claim.
✔ A BulSu student is expected to act appropriately and be respectful of others.
✔ Intentional plagiarism and cheating are not tolerated in class. Intellectual honesty is to be always upheld.
Failure to submit original work or include in-text citation will be subject to a disciplinary action.

Prepared by:

DR. JOSEPHINE DIANA S. CAMPOS

Checked by:

DR. MARICEL C. GALANG

Department Head, Business Administration

Approved by:

DR. GERALD C. HILARIO

Dean, Sarmiento Campus

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