REPUBLIC OF THE PHILIPPINES

NORTHERN NEGROS STATE COLLEGE OF SCIENCE AND TECHNOLOGY

COLLEGE OF BUSINESS MANAGEMENT
ISO 9001:2015 C e r t i f i e d OLD SAGAY, SAGAY CITY, NEGROS OCCIDENTAL
(034)722-4169/www.nonescost.edu.ph

COURSE SYLLABUS
In
TAXATION I
(INCOME TAXATION)
Second Semester – A.Y. 2019 - 2020

College: College of Business and Management Program: Bachelor of Science in Business Administration Major in Financial Management
Prepared by: Reviewed by:
MICHAEL CARL LIBRE, CPA
Instructor FREYA WYAN S. DELA CRUZ, LPT, CPA, MBA RICHEL P. ALOB, Ph. D.
DONNA KATALBAS, CPA Subject Area Coordinator CBM – Dean
Instructor
EMIE ROSE AZUCENA, CPA MARY ANN T. ARCEÑO, LPT, Ph. D MA. JANET S. GEROSO,LPT, Ph.D.
Instructor GAD-Focal Person CIMD – Chairperson
Adapted by:
FREYA WYAN S. DELA CRUZ, LPT, CPA, MBA RENANTE A. EGCAS, LPT, Ph. D.
ARMALYN S. CANGQUE, MBA
Instructor Business Administration Department - Head Vice President for Academic Affairs
Course Code.: TAXATION I Descriptive Title: INCOME TAXATION
Course Description: This course introduces the students to the basic laws and theories that underlie our system of taxation in the Philippines. It represents cases decided by our
court and administrative regulations issued by our tax enforcement agencies in order to provide the students with a clear perspective of the tax domain in our country. It further
instructs the students on the preparation of the Income Tax Return of the different groups of taxpayers.
Course Credit(s): 3 units
Pre-requisites: None Lecture Hours/Week: 3 hrs Laboratory Hours/Week: None
Mandate: The College is mandated to provide higher technological, professional, vocational instruction and training in science, forestry, fishery, agriculture, education, marine
biology, engineering and industrial courses; it shall promote research, advance studies, extension work and progressive leadership.
It shall likewise offer short-term technical or vocational courses, provide non-formal education and undertake vigorous extension and research programs in food
production, nutrition, and health and sports development.
Core Values: C – Creativity and Innovation A – Accountability and Openness R – Respect E –Excellence S- Service
Vision: SUN – NEGROS: a leading university by 2023
Mission: To produce excellent professionals who are locally responsive and globally competitive
Goals: 1. Acquired Certificate of Program Compliance (COPC) for all programs
2. Increased level of certification and sustained certification
3. Established academic programs which are centers of development and excellence
Institutional Outcomes:
The institution shall produce a graduate who can:
1. Sustain willingness to serve the country and the world;
2. Produce scientific and technological innovations;
3. Can engage in varied entrepreneurial activities;
4. Practice as a game-changer professional;
5. Demonstrate resiliency in any life challenges
Program Outcomes:
The program shall produce a graduate who can:
1. Articulate and discuss the latest developments in the specific field of practice.
2. Effectively communicate orally and in writing using both English and Filipino.
3. Work effectively and independently in multi-disciplinary and multi-cultural teams.
4. Act in recognition of professional, social and ethical responsibility.
5. Preserve and promote “Filipino historical and cultural heritage”.
6. Perform the basic functions of management such as planning, organizing, staffing, directing and controlling.
7. Apply the basic concepts that underlie each of the functional areas of business (marketing, finance, human resource management, production and operations
management, information technology, and strategic management) and employ these concepts in various business situations.
8. Select the proper decision-making tools to critically, analytically and creatively solve problems and drive results.
9. Express oneself clearly and communicate effectively with stakeholders both in oral and written forms.
10. Apply information and communication technology (ICT) skills as requires by the business environment.
11. Work effectively with other stakeholders and manage conflict in the workplace.
12. Plan and implement business related activities.
13. Demonstrate corporate citizenship and social responsibility.
14. Exercise high personal moral and ethical standards.
15. Analyze the business environment for strategic direction.
16. Prepare operational plans.
17 Innovate business ideas based on emerging industry.
18. Manage a strategic business unit for economic sustainability.
19. Conduct business research.
NONESCOST BSBA Program Outcomes
The program shall produce a graduate who can:
1. Apply current trend and relevant practices in the business environment.
2. Conceptualize, utilize, and commercialize business research outputs.
3. Demonstrate social responsiveness to the needs of the community in the field of business and management.
At the end of the course the students shall be able to:
CILO 1:Demonstrate an extensive knowledge of the nature and concepts of income taxation and its role in business in the Philippines;
CILO 2: Appropriately explain the government’s inherent power to impose taxes and enforce collection thereof. Correctly demonstrate resolution of tax problems of individuals and
corporate taxpayers leading to the preparation and filing of tax returns
CILO 3: Execute skills in resolving income tax problems of individuals and corporation and to prepare income tax returns accordingly.

Time
Teaching/
ILO’s Equipment Textbook (T) Allotment
Competencies Topics Learning Assessment Remarks
(Specific Objectives) Materials Reference (R) (Hours)
Activities
Lec Lab
At the end of the session the Brainstorming
The students are students should be able to: Reflective
expected to discuss 1. share their personal views Questions and Laptop Copy of the Journal
NONESCOST
and share insights and verbalize their answers Syllabus 1
VMGO
on the VMGO of the insights /commitment to LCD TV Pledge of
School the VMGO of the Lecturette Commitment
College
Buzz Session
1. Identify & explain the basic
concepts of Income Power Point
Taxation, its relevance in
the state and in the Presentation
business.
Oral
Explain the  Discuss the concepts, Laptop Participation
fundamental concept theories, basis and Discussion (T1) Pp. 2 –
of taxation and the processes of taxation 42
LCD TV
related provision of General
 Classify different Question and
TAX LAWS. Principles of answer R1 Pp. 1 – 24 5
characteristics of Taxation White
taxation in
 Discuss the inherent and board
Value focus:
Characteristics of Tax
Excellence OR1, OR2
(CILOs 1, 2)  List of sources of taxing Marker
power Written Quizzes
 Provide insights about the
scope of taxing power

Laptop (T1) Pp. 74 – Oral

Identify and 1. Income 1. Verify the level of mastery Lecture 277 Participation/
9
differentiate the taxation of particular skills or LCD TV Group
individual tax payers concepts in the following: R1 Pp. 117- Presentations
based on their 2.Organization  List the kinds of taxpayers White 120
citizenship and filing and function of  Discuss the income and board
status. the BIR allowable deductions OR1, OR2,
Determination od  Articulate tax rates, basis Marker OR4
exemptions, tax and computation of tax Group
rates, etc. due for individual Anticipation Presentations/
taxpayers Guide Written
 Discuss the withholding Quizzes/
tax and penalties and tax Term Exam
evasion and tax avoidance
 Provide insights about
Value focus: non-resident citizen
Excellence  Differentiate tax system of
(CILOs 1, 2) partnership and
corporation

 Determine the exclusions

& deductions from gross Lecture-
Discussion Oral
income of individuals and Participation
Discuss the corporations.
Anticipation
composition of gross 1.Gross income Guide Written Quizzes
income of individual of individual and  List of kinds of taxpayers
and corporation. corporation  Discuss the income and
Distinguish what allowable deductions Laptop
income are subject 2.Exclusion and  Articulate tax rates, basis Group
to tax from those deductions from and computation of tax Group work (T1) Pp. 527– Presentations
LCD TV
that are exempted gross income of due for individual 667
from tax individual and Case Studies Individual 12
taxpayers White
corporation OR1, OR2, Worksheet
Value focus:  Discuss the withholding board
OR3, OR6
Excellence 3. Taking tax and penalties and tax
evasion and tax avoidance Marker
(CILO 3) action: achieving Oral
gender equality  Non-resident citizen Participation
Group work
and empower  Differentiate tax system of
GAD Focus: women partnership and Peer-teaching
Gender Equality corporation
 Differentiate tax rates, Group
Presentations/
basis and computation of
Case Studies Term Exam
partnership and
 corporation
 Provide insights about the
guarantee women’s and
girls’ property and
inheritance rights.

1. Verify the level of mastery of

particular skills or concepts in
familiarizing the subsequent
topics:
Determine the
 Discuss administrative
exclusions & Oral
provisions. Lecture- Laptop (T1) Pp. 142 –
deductions from Participation/
1.Determination  Illustrate accounting method Discussion 169
gross income of Written Quizzes
individuals and
of the Taxable  Articulate tax rates, basis and LCD TV
Income, Income computation of tax due for R2 Pp. 53 –
corporations. 12
Tax Payable individual and corporate White 75
TRAIN LAW (RA Group
and Income tax taxpayers Self-evaluation board
10963) Presentations
credit 2. Accurate preparation of OR1, OR3,
Value focus: Analysis/ Term
income tax due based on Peer-teaching Marker OR5
Excellence Exam
(CILOs 1, 3) guidelines.
3. Express own words about the
importance of taxation in your
future work.

Grading System:

ASSESSMENT: FOR COURSES WITHOUT LABORATORY

Type of Assessment Weight

Quizzes 30%
Participation 20%
Projects/Assignment 20%
Term Examinations 30%
Total 100%

Final Grade = Prelim 30% + Midterm 30% + End term 40% = 100%
Course Requirements:

1. Group/Individual Presentation of assigned topics

2. Regular Class Attendance
3. Oral participation
4. Quizzes
5. Term Exam

Textbook:
T1. Income Taxation by NICK L. ADUANA copyright 2012 by C&E Publishing

References:
R1. INCOME TAXATION MADE EASY by Win Ballada & Susan Ballada copyright 2012.

Online References:
OR1. https://www.bir.gov.ph/
OR2. https://www.investinganswers.com
OR3. https://www.rappler.com
OR4. https://www.accountingtools.com
OR5. https://www.businessdictionary.com
OR6. https://www.undp.org/content/dam/aplaws/publication/en/publications/poverty-reduction/poverty-website/taking-action-achieving-gender-
equality-and-empowering-women/Taking%20Action-%20Achieving%20Gender%20Equality%20and%20Empowering%20Women.pdf