ATENEO CENTRAL BAR OPERATIONS 2007

Taxation Law
SUMMER REVIEWER

Chapter I - Additions to the Tax

Chapter II - Crimes, Other Offenses and Forfeitures
Chapter III - Penalties Imposed on Public Officers
Head: Chapter IVJulie Ann
- Other B. Provisions
Penal Domino, Juan J. P. Enriquez III

Part III. Local Government Code of 1991 (R.A. 7160) .......................................................................................90

Understudies: Rachelle T. Sy, Aldwin Mendoza, Timothy John Batan
Part IV. Real Property Taxation ........................................................................................................................101

VALUE-ADDED
Advisers: TAX...........................................................................................................................................107
Atty. Serafin Salvador, Atty. Michael Dana Montero, Atty. Gaudencio
Mendoza
COURT OF TAX APPEALS ................................................................................................................................120

TARRIFS AND CUSTOMS CODE ......................................................................................................................121

TABLE OF CONTENTS

Part I: General Principles ......................................................................................................................................1

Part II: National Internal Revenue Code of 1997 .................................................................................................8

TITLE I: Organization and Function of the Bureau of Internal Revenue ................................................8

TITLE II: Tax on Income.............................................................................................................................11

Chapter I - Definitions
Chapter II - General Principles
Chapter III - Tax on Individuals
Chapter IV - Tax on Corporations
Chapter V - Computation of Taxable Income
Chapter VI - Computation of Gross Income
Chapter VII - Allowable Deductions
Chapter VIII - Accounting Periods and Methods of Accounting
Chapter IX - Returns and Payment of Tax
Chapter X - Estates and Trusts
Chapter XI - Other Income Tax Requirements
Chapter XII - Quarterly Corporate Income Tax
Chapter XIII - Withholding on Wages

TITLE III: Estate and Donor's Taxes .........................................................................................................53

Chapter I - Estate Tax
Chapter II - Donor's Taxes

TITLE VIII: Remedies..................................................................................................................................67

QuickTime and a
QuickTime and
a TIFF (Uncompressed) decompressor
are needed
TIFF (Uncompressed) Chapter I - Remedies in Generalare needed to see this picture.
to see this picture.
decompressor
Chapter II - Civil Remedies for Collection of Taxes
Chapter III - Protesting an Assessment, Refund, etc.

TITLE IX: Compliance Requirements .......................................................................................................85

Chapter I - Keeping Books of Accounts and Records
Chapter II - Administrative Provisions
Chapter III - Rules and Regulations

TITLE X: Statutory Offenses and Penalties .............................................................................................86