ATENEO CENTRAL BAR OPERATIONS 2007

Taxation Law
SUMMER REVIEWER

Head:

Julie Ann B. Domino, Juan J. P. Enriquez III

Understudies:

Rachelle T. Sy, Aldwin Mendoza, Timothy John Batan

Advisers:

Atty. Serafin Salvador, Atty. Michael Dana Montero, Atty. Gaudencio

Mendoza

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
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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

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
Chapter IV - Other Penal Provisions
Part III. Local Government Code of 1991 (R.A. 7160) .......................................................................................90
Part IV. Real Property Taxation ........................................................................................................................101
VALUE-ADDED TAX...........................................................................................................................................107
COURT OF TAX APPEALS ................................................................................................................................120
TARRIFS AND CUSTOMS CODE ......................................................................................................................121

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