Part 1 Introductory Concepts
Chapter 1 Introduction to Taxation
Chapter 2 Taxes, Tax Laws, and Tax Administration
Part II Income Recognition, Measurement and Reporting, and Taxpayer Classifications
Chapter 3 Introduction to Income Taxation
Chapter 4 Tax Schemes, Periods, and Methods and Reporting
Part III Special Income Taxation
Chapter 5 Final Income Taxation
Chapter 6 Capital Gains Taxation
Part IV Regular Income Taxation
Chapter 7 Introduction to Regular Income Taxation
Unit I - General Rules on Gross Income
Chapter 8 Regular Income Taxation - Exclusions in Gross Income
Chapter 9 Regular Income Taxation - Inclusions in Gross Income
Unit 2 - Special Rules on Gross Income
Chapter 10 Compensation Income
Chapter 11 Fringe Benefits Taxation
Chapter 12 Dealings in Properties
Unit 3 - Deductions on Gross Income
Chapter 13 Principles of Deductions
Chapter 13-A Ordinary Allowable Itemized Deductions
Chapter 13-B Special Allowable Itemized Deductions and Net Operating Loss Carry-over
Chapter 13-C Optional Standard Deduction
Unit 4 - Specific Regular Tax Rules Per Taxpayers Class
Sub-Unit 1 - Special Regular Tax Rules for Individual Taxpayers
Chapter 14 Individual Income Taxation
Sub-Unit 2 Special Regular Tax Rules for Corporate Taxpayers
Chapter 15-A Corporate Income Taxation - Special Corporations
Chapter 15-B Corporate Income Taxation - Regular Corporations

The book is a principled-based structural presentation of Income Taxation. It is aimed to provide readers with a thorough understanding and mastery of Income Taxation by teaching taxation as a whole body of interconnected concepts. Its concept-based orientation assists readers to understand rather than simply memorize tax rules. The accounting and legal technicalities of taxation are comprehensively discussed and illustrated making it highly comprehensible even to non-technical readers. The book is comprehensive and well organized. The arrangement and presentation of the topics promote easier understanding, mastery and long-term retention. The book thoroughly discussed updates in details and connects theory and practice by providing detailed practical application of tax rules. It is self-taught. Readers can learn Income Taxation even with minimal teacher supervision.

College of Business and Accountancy Bachelor of Science in Accountancy

Text in English