Taxation: NIRC – Notes on Accounting Period and Methods of Accounting (Pre-TRAIN Law)

Taxation: NIRC – Notes on Accounting Period and Methods of Accounting (Pre-TRAIN Law)

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Taxation: NIRC – Notes on Allowable Deductions (Pre-TRAIN Law)

National Internal Revenue Code (NIRC) – Notes on Allowable Deductions

TRAIN LAW not yet enacted

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Notes: Taxation Laws and Customs Code

Note:  Document/contents are being updated every now and then.

Contents:

• NIRC Powers
• Bar Questions under Title 1
• TaxPayers:  General Classifications
• Tax List
• Final Withholding Tax vs. Creditable Withholding Tax
• Indirect Tax and VAT vs Direct Tax
• Expanded Withholding Tax
• Top 20000 Taxpayers
• Sec 23. General Principle of Income Taxation: Territoriality
• Tax Credit vs Tax Refund vs Carryover (Sec 29, 204C, 229)
• De Minimis Benefits vs 13th Month Pay and Other Benefits vs Fringe Benefits
• Passive Income

Download Here: taxation-notes-2017