POLYTECHNIC UNIVERSITY OF THE PHILIPPINES

OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS

COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting
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OUTCOMES-BASED COURSE SYLLABUS

COURSE INFORMATION

Course ACCO Course Title INCOME TAXATION Course Credit 3.0

Code 203

Course Description This subject covers the knowledge of the concepts, principles, laws, rules and procedures associated with income taxation for individuals, partnerships and
corporations. Understanding of the new tax laws, rules and provisions of the TRAIN ACT (Tax Reform for Acceleration and Inclusion) per RA No. 10963, effective in
the year 2018 and thereafter and RA 11976 or Ease of Paying Taxes Act (EOPT), effective in the year 2024. This syllabus focuses on key tax topics, along with
readings of cases studies, and primary source materials (Income Tax Textbook and Income Tax Practice Set) and providing time for departmental mid-term
assessment /exam and departmental final assessment /exam.

Students must be able to do the theoretical and practical applications of said concepts, principles, laws, rules and the procedures related to income taxation.
This subject, likewise, is primarily concerned with the: general principle of taxation, tax remedies of the government and of the taxpayers. Bureau of Internal
Revenue organizations, powers and functions, classifications of and taxation for various income taxpayers, and their compliance with the BIR rules and
regulations on matters and procedures in filing income tax returns and payments of income taxes due.

Pre-Requisites ACCO 101: Financial Accounting and Reporting Co-Requisites None

 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

VISION PUP: The National Polytechnic University

(PUP: Pambansang Politeknikong Unibersidad)

MISSION Ensuring inclusive and equitable quality education and promoting lifelong learning opportunities through a re-engineered polytechnic university
by committing to:

▪ provide democratized access to educational opportunities for the holistic development of individuals with global perspective ▪ offer industry-
oriented curricula that produce highly-skilled professionals with managerial and technical capabilities and a strong sense of public service for
nation building
▪ embed a culture of research and innovation
▪ continuously develop faculty and employees with the highest level of professionalism
▪ engage public and private institutions and other stakeholders for the attainment of social development goal establish a strong presence and
impact in the international academic community

QUALITY POLICY STATEMENT The Polytechnic University of the Philippines commits to provide inclusive and equitable quality education and
promote lifelong learning opportunities for human advancement and social transformation through re-engineered
polytechnic
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academic programs. Toward this end, we, the members of the PUP Community will vigorously and steadfastly
endeavor to continuously improve the standard of university services to the satisfaction of our clients through the
adoption and continuous review of our Quality Management System.
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

INSTITUTIONAL LEARNING 1. Critical and Creative Thinking. Graduates use their rational and reflective thinking as well as innovative abilities to life
situations in order to push boundaries, realize possibilities, and deepen their interdisciplinary, multidisciplinary, and/or
OUTCOMES (ILO) transdisciplinary understanding of the world.
2. Effective Communication. Graduates apply the four macro skills in communication (reading, writing, listening, and
speaking), through conventional and digital means, and are able to use these skills in solving problems, making
decisions, and articulating thoughts when engaging with people in various circumstances.
3. Strong Service Orientation. Graduates exemplify strong commitment to service excellence for the people, the clientele,
industry and other sectors.
4. Adept and Responsible Use or Development of Technology. Graduates demonstrate optimized and responsible use of
state of-the-art technologies of their profession. They possess digital learning abilities, including technical, numerical,
and/or technopreneurial skills.
5. Passion for Lifelong Learning. Graduates perform and function in society by taking responsibility in their quest for further
improvement through lifelong learning.
6. Leadership and Organizational Skills. Graduates assume leadership roles and become leading professionals in their
respective disciplines by equipping them with appropriate organizational skills.
7. Personal and Professional Ethics. Graduates manifest integrity and adherence to moral and ethical principles in their
personal and professional circumstances.
8. Resilience and Agility. Graduates demonstrate flexibility and the growth mindset to adapt and thrive in the volatile,
uncertain, complex and ambiguous (VUCA) environment.
9. National and Global Responsiveness. Graduates exhibit a deep sense of nationalism as it complements the need to live
as part of the global community where diversity is respected. They promote and fulfill various advocacies for human
and social development.

COLLEGE GOALS The College aims to:

1. Ensure the development of globally competitive professionals, managers and leaders in the field of accountancy,
finance and other allied disciplines through excellent and relevant and responsive accountancy and finance
education accessible to all Filipinos specifically to the socio economically disadvantaged population.
2. Ascertain the generation and diffusion of knowledge and technologies in the broad range of disciplines, relevant
and allied to accountancy and finance through continuing education and research, information and
communication technology, networking, and linkages with local, national and foreign organization

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 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

3. Strengthen/enhance its organizational capability to become the leader in advocating reforms and innovations and
fulfilling its social responsibility commitment through research and development studies, and extension and
consultative services.

PROGRAM LEARNING After finishing the program, its graduates are Alignment to ILOs
OUTCOMES (PLO) expected to:
1. Resolve and recommend solutions to business 1 2 3 4 5 6 7 8 9
issues and problems, with a global and strategic
✓ ✓ ✓
perspective using critical thinking and technical
proficiency in the areas of financial accounting and
reporting, auditing, advanced financial accounting
and reporting, management services, taxation,
regulatory framework for business transactions, and
information systems.

2. Conduct accountancy research through

✓
independent studies of relevant literature and
appropriate use of accounting theory and
methodologies.

3. Employ technology as a business tool in capturing

financial and non-financial information, generating ✓ ✓
and communicating reports and making decisions.

4. Apply knowledge and skills that will successfully

respond to various types of assessments (including
professional licensure and certifications). ✓ ✓

5. Confidently maintain a commitment to strong

service orientation, good corporate leadership and
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

citizenship, social responsibility and ethical practice ✓ ✓ ✓

in performing functions as an accountant.

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6. Demonstrate dedication to lifelong learning and ✓ ✓
flexibility in adapting to the changing business,
economic and regulatory environments, and
accounting and auditing standards.

PERFORMANCE INDICATORS • Record financial transactions in compliance with generally Alignment to PLOs
(PI) accepted accounting and reporting standards (both
global and local) for sole proprietorships, partnerships, 1 2 3 4 5 6
corporations, government and not-for-profit
organizations. ✓
• Prepare Accountancy reports such as budgets and
business plans using appropriate framework
• Conduct financial and operational audits of all types of
business enterprise and not-for-profit organization • Prepare
individual and corporate income tax returns and conduct
basic tax planning in compliance with relevant legislations
and regulations.
• Perform cost-benefit analysis for management decision. •
Design and implement a management control and
performance system
• Communicate effectively the results and financial analysis.

• Design an appropriate research plan

• Prepare a critical review of related literature • Analyze
results of study and discuss implications and contributions to
body of knowledge
• Present findings and conclusions of study
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

• Communicate effectively the recommendations. ✓

• Customize an accounting software to a particular business

entity
• Develop a financial model using spreadsheet software

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 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

• Analyze the performance of a particular business entity

using appropriate accounting software tools and
functions.
• Generate and communicate effectively the financial and
non-financial results

• Perform accounting-related work in actual workplace ✓

based on pre-set standards
• Pass licensure examinations or qualify for professional
accreditations/certifications

• Promote adherence to legitimate and acceptable ethical

objectives of an organization ✓
• Communicate limitations or other constraints that would
preclude responsible judgment or successful
performance of an activity such as in the practicum or
on-the-job training

• Prepare and communicate financial and non-financial

reports using the updated business, economic and
regulatory environments, and accounting and auditing ✓
standards

COURSE LEARNING OUTCOMES After completing this course, learners should be able to: a. Alignment to PLOs
(CLO) Describe the principles of Income taxation; b.
Recognize items subject to income taxation; c. 1 2 3 4 5 6
Identify allowed deductions from gross income;
d. Prepare income tax returns and other L P P
required schedules; and
e. Discuss the compliance requirements. L P P
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

L P P

L P P

L P P

Legend: L- Facilitate learning of competencies; P- Allow student to practice competencies; O- Provides opportunity for development

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OUTCOMES-BASED TEACHING AND LEARNING PLAN (OBTL PLAN)

Week Desired Learning Learning Content/Topics Instructional Delivery Design Assessment Alignment to CLOs
Outcomes (DLOs)
Face-to-Face Flexible Learning and Teaching
Activities (FLTAs)

Synchronous Asynchronous 1 2 3 4 5
 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

1-4 At the end of the lesson, the Principles of Taxation Lecture/discussions Lecture/discussions Students will be Formative ✓ ✓ ✓ ✓ ✓
student will be able to: • Inherent powers of about the topics about the topics asked to read Assessment: •
• describe the principles of government pertinent Assignment
taxation; • Limitations on the Guide the students in Guide the students in provisions in the •
• explain the limitations on power of taxation, understanding the understanding the constitution and Seatwork/Groupwork
the power of taxation; situs /place of principles of taxation. principles of taxation. Philippine tax • Recitation
• discuss the principles of taxation, code.
sound tax system; • Principles of Sound Students demonstrate
• identify the differences Tax system their comprehension Summative Assessment:
among the various • Nature, scope, of taxation principles. • Pencil-Paper test
escape from taxation; classifications, and (Quiz & Departmental
and essential Examinations)
• express the powers, characteristics of
organization, and taxes,
functions of BIR. • Enumerations,
definitions, features,
and characteristics of
taxes.
• Tax evasion, vs tax
avoidance, double
taxation,
• Legislation of tax laws,
• Tax remedies of the
government and
taxpayers
• Organization, Powers,
and Function of BIR

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 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

5-8 At the end of the lesson, the Gross Income Lecture/discussions Lecture/discussions Students will be Formative ✓ ✓ ✓ ✓ ✓
student will be able to: • General Principles of about the topics about the topics asked to read Assessment: •
• describe the nature and Income Taxation pertinent Assignment
characteristics of income • Classification of Guide the students in Guide the students provisions •
for income tax purposes; Income Taxpayers understanding the in understanding Philippine tax Seatwork/Groupwork
• analyze the income tax • Situs of Income Gross Income. the Gross Income. code and • Recitation
treatment of each • Compensation for revenue
income item; Services Students demonstrate regulations.
• discuss the specific income • Gross Profit from their comprehension Summative Assessment:
items that should be Trade, Business, of Gross Income. • Pencil-Paper test
reported as part of gross Practice of Profession (Quiz & Departmental
income; and • Gains from Dealings in Examinations)
• distinguish the items to be Assets
excluded from the • Interests Income
computation of gross • Rental income
income. • Royalty Income
• Dividend income
• Annuity income
• Prize, Winnings
• Pensions and
Retirement Benefits
• Share in the Net
income of Gen.
Professional
Partnership
• Other Income, in
general
• Exclusions from Gross
Income

9 MIDTERM DEPARTMENTAL EXAMINATION

 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

10-13 At the end of the lesson, the Allowed Deductions Lecture/discussions Lecture/discussions Students will be Formative ✓ ✓ ✓ ✓ ✓
student will be able to: • Interest Expense about the topics about the topics asked to read Assessment: •
• describe the nature and • Taxes Expense pertinent Assignment
characteristics of • Losses Expense Guide the students in Guide the students provisions •
deductions for income tax • Bad Debts Expense understanding the in understanding Philippine tax Seatwork/Groupwork
purposes; • Depreciation Expense Allowed the Allowed code and • Recitation
• analyze the tax treatment • Amortization Expense Deductions. Deductions. revenue
of each deductible item; • Depletion Expense regulations.
• discuss the specific items • Charitable Students demonstrate Summative Assessment:
that can be claimed as Contribution their comprehension • Pencil-Paper test
deductions from the gross • Research and of Allowed (Quiz & Departmental
income; and Development Cost Deductions. Examinations)
• distinguish the items that • Pension Trust
are excluded or cannot Contribution
be claimed as • Optional Standard
deductions. Deductions
• Exclusions from the
Allowed Deductions

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 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

14-17 At the end of the lesson, the Individual Income Lecture/discussions Lecture/discussions Students will be Formative ✓ ✓ ✓ ✓ ✓
student will be able to: Taxation Basic about the topics about the topics asked to read Assessment: •
• describe basic income Income Tax pertinent Assignment
taxation; (using Graduated Guide the Guide the provisions •
• apply the taxation rules for Income Tax Rates, 8% students in students in Philippine tax Seatwork/Groupwork
residents and/or citizens, Income Tax) understanding the understanding the code and • Recitation
minimum wage earners • Taxation of Residents Individual Income Individual Income revenue
and non-resident aliens; and/or Citizens, Taxation. Taxation. regulations.
• examine the taxation of Minimum Wage Summative Assessment:
various types; Earners, and Non Students • Pencil-Paper test (Quiz
• express the concepts Resident Aliens demonstrate their & Departmental
income tax credits; • Taxation of Self comprehension of Examinations)
• Understand the taxation of Employed, Employee, Individual Income
fringe benefits; and and Mixed Income Taxation.
• demonstrate the Earner.
preparation of income tax • Taxation of Fringe
returns and adhere to tax Benefits
compliance requirements. • Taxation of Passive
Income
• Taxation of Capital
Gains
• Income Tax Credits
• Income Tax Returns
and Tax Compliance

18 FINAL DEPARTMENTAL EXAMINATION

 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

LIST OF REFERENCES

• National Internal Revenue Code

• RA 10963: Tax Reform for Acceleration and Inclusion or TRAIN Law
• RA 11976: Ease of Paying Taxes Act (EOPT) (Jan 22, 2024)
• Ortega, Gerwin and San Jose, Geno. Instructional Material for Income Taxation
• Banggawan, Rex B. (2021). Income Taxation: Laws, Principles and Application
• Tabag, Enrico D. and Garcia, Earl Jimson R. (2022). Income Taxation
• KPM 2832 .E45 2021 Elvena, Christine Angelica B. (2021). Understanding income taxation
• KPM 2790 .D56 2018 Dimaampao, Japar B. (2018) Basic approach to income taxation
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CLASSROOM POLICY

FACE-TO-FACE DELIVERY FLEXIBLE TEACHING AND LEARNING ACTIVITIES (FLTAs)

 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

The allowed number of absences for students enrolled in ACCO 203 with once- Synchronous:
a week meeting is four (4). Request for excused absences or waiver of absences 1. Be in virtual classroom at least five (5) minutes before the scheduled class to resolve connection issues.
must be presented upon reporting back to class. Special examinations will be 2. Wear smart casual attire. Sleeveless and sandos are not allowed. From time to time, your professor may
allowed only in special cases, such as prolonged illness. It is the responsibility of ask you to turn on your camera. This is true especially during class recitation.
the student to monitor his/her own tardy incidents and absences that might 3. You should be seated for the duration of the meeting and if you need to attend to urgent matters
accumulate leading to a grade of “FA,” (Failed due to Absences). It is also during class that will take some time, please inform your instructor using the chat box and wait for
his/her responsibility to consult with the teacher, chair or dean should his/her his/her approval.
case be of special nature. 4. Find a quiet place conducive for learning and turn off or put into silent mode any cellphones, TV, and
radio.
All BSA and BSMA students are expected to be academically honest. Cheating, 5. Use headphones/earphones during class.
lying and other forms of immoral and unethical behavior will not be tolerated. 6. Mute the microphone when you are not speaking.
Any student found guilty of cheating in examinations will (at a minimum) 7. If you have any question or clarification, please do one of the following:
receive a grade of 5.0 in the said test. ➢Click the “Raise Hand” function on the MS Teams/Zoom Screen and wait to be called/recognized before
unmuting your microphone. When done, mute your microphone again.
➢You may use the chat box.
8. Attendance will be monitored every session.
➢Students are encouraged to attend synchronous class regularly and promptly.
➢If you cannot attend the class, for any reasons (such as a family emergency), please inform your
Professor.
➢ A student must be responsible for what transpired if he/she missed a class. A student may contact
another classmate or his professor to find out what he/she missed in class.
9. Show respect to your faculty and address them as Dr., Prof., or Ms. or Mr.
10. Observe courtesy at all times.

Asynchronous
1. You are expected to read, review or study the materials made available for you in the virtual classroom.
2. Your Professor will be online to answer all queries pertaining to the subject/course during your regular
class schedule.

COURSE REQUIREMENT/S GRADING SYSTEM

 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

Class Standing
Quizzes 50%
Assignments, seat works/groupworks and other activities 20%
Departmental examination 30%
Total 100%

(Midterm Grade + Final Term Grade) ÷ 2 = Final Grade*

*To be translated using the PUP Grading System found in the recent Student Handbook

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CLASS INFORMATION FACULTY INFORMATION

Section: Name of Faculty:

Time: Consultation Time:

Room: Office Tel. No./ Mobile Phone No.

Semester: Institutional Email:

Suggested Rubrics for Assessment

A. Students shall be graded or marked in accordance with the following system based on the Student Handbook:
GRADE/MARK PERCENTAGE/ EQUIVALENCE DESCRIPTION

1.0 97-100 Excellent

1.25 94-96 Excellent

 POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
OFFICE OF THE VICE PRESIDENT FOR ACADEMIC AFFAIRS
COLLEGE OF ACCOUNTANCY AND FINANCE
Department of Accountancy and Management Accounting

1.50 91-93 Very Good

1.75 88-90 Very Good

2.0 85-87 Good

2.25 82-84 Good

2.50 79-81 Satisfactory

2.75 76-78 Satisfactory

3.0 75 Passing

5.0 65-74 Failure

Inc. Incomplete

W Withdrawn

Prepared by: Reviewed and checked by: Recommending Approval: Approved by:

ATTY. GERWIN M. ORTEGA, MBA, NOEL A. BERGONIA, MBA, JULIETA G. FONTE, PhD, CPA EMANUEL C. DE GUZMAN, PhD
CPA Faculty CPA Chairperson Dean Vice President for Academic Affairs

Enhanced by:
ATTY. GENO C. SAN JOSE, MBA
CPA Faculty

Form No. ______________________

Revision No. ___________________
Date of Approval _______________
Semester ______________________
Academic Year _________________