OBTL Plan TAX 1: INCOME TAXATION

Republic of the Philippines

TARLAC STATE UNIVERSITY
Office of the Vice President for Academic Affairs
College of Business and Accountancy
Department: Accountancy

VISION Tarlac State University is envisioned to be a premier university in Asia and the Pacific.

Tarlac State University commits to promote and sustain the offering of quality and programs in higher and advanced education
ensuring equitable access to education for people empowerment, professional development, and global competitiveness.
Towards this end, TSU shall:
1. Provide high quality instruction trough qualified, competent and adequately trained faculty members and support
MISSION staff.
2. Be a premier research institution by enhancing research undertakings in the fields of technology and sciences and
strengthening collaboration with local and international institutions.
3. Be a champion in community development by strengthening partnership with public and private organizations and
individuals.

E – xcellence
Q - uality
U - nity
CORE VALUES I - ntegrity
T - rust in God, Transparency & True Commitment
Y - earning for Global Competitiveness

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OBTL Plan TAX 1: INCOME TAXATION

Program Goals
To produce competent and ethical professional accountants, with an attitude of “learning to learn,” capable of adapting to change, and providing relevant contributions to the profession
and society in which they work.
Program Outcomes
GRADUATE should be able to:
1. Resolve business issues and problems with a global and strategic perspective using knowledge and technical proficiency in the areas of financial accounting and reporting, cost
accounting and management, accounting and control, taxation, and accounting information systems;
2.Conduct Accountancy/Accounting Information System 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 reports and making decisions;
4. Apply knowledge and skills to successfully respond to various type of assessments; and (including professional licensure and certifications); and
5. Confidently maintain a commitment to good corporate citizenship, social responsibility and ethical practice in performing functions as an accountant.

Course Name INCOME TAXATION (TAX 1)

Course Credits 3 units
Course Description This course develops a working knowledge of the principles and rules of the income tax system applicable to individuals and corporate taxpayers. It covers
an overview of the national tax system, classification of taxpayers, items of income with special tax treatment such as final taxation or exemption, items of
gross income subject to regular income tax and deductions from the gross income. Taxes that specifically apply to corporate taxpayers are also discussed
in this such as Minimum corporate income tax and improperly accumulated earnings tax. The concept of withholding taxes and applicable BIR Form to be
accomplished and required documents to be attached for compliance to BIR Rules are also elaborated. Taxation for special entities such as cooperatives,
PEZA registered entities, BOI registered entities, BMBEs and others will be covered in Tax 3 Special Taxes.
Contact Hours/ week 3 hours
Prerequisite Financial Accounting and Reporting with Conceptual Framework and Accounting Standards (FAR 0)
Course Outcomes After completing this course, STUDENTS MUST HAVE DEMONSTRATED:
1. Familiarity with the Principles of the Philippine Income Tax System.
2. (Use of) Knowledge on the income tax treatment of various income of individuals and corporate taxpayers.
3. Understanding of the definition, recognition, measurement, reporting and presentation of gross income and deductions.
4. Competence in preparing income tax returns and other special returns used involving income taxation in general and specific.

COURSE OUTLINE AND TIMEFRAME

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OBTL Plan TAX 1: INCOME TAXATION

Course Content/Subject Matter

Week 1 Introduction to Blended/ Flexible Learning as applied to Tertiary Education
Week 1-3 Unit 1. General Principles of Taxation and Tax Regulations
Week 4-5 Unit 2. Income Subject to Special Treatment (Not subject to Regular Income Taxation)
Week 6-8 Unit 3. Exclusions and Inclusions to the Gross Income
Week 9 Midterm Exam
Week 10-13 Unit 4. Deductions on the Gross Income
Week 14-15 Unit 5. Individual Income Taxation
Week 16-17 Unit 6. Corporate Income Taxation
Week 18 Final Exam

Alignment of Course Outcomes with Summative Assessment Tasks

Course Objectives Summative Assessment Task Details

Poll Questioning during Lecture To measure the attentiveness of the students while listening to the discussion of
1. Familiarity with the Principles of the Philippine Income Discussion the teacher online, poll questions will be flashed to the screen. The questions
Tax System. shall be answered by the students to know if they are actually listening or not.
This can be done usually under synchronous learning.
2. (Use of) Knowledge on the income tax treatment of Oral Exercises can be done on a scheduled basis or by surprise relating to topic
various income of individuals and corporate taxpayers. Oral Exercises at hand or topic to be discussed as diagnostic assessment for student before
discussion.

3. Understanding of the definition, recognition, Portfolio journal will be used for the work exercises assigned to the students,
measurement, reporting and presentation of gross income Portfolio Journal for work exercises either synchronous or asynchronous, which include but not limited to problem
and deductions. (Income Tax Return Portfolio) solving, theoretical applications and organization or business scenarios or case
studies. Scenario building on the other hand will allow the students to form a story
that will show or illustrate a concept or principle under study. It is considered to be
4. Competence in preparing income tax returns and other a modern script writing (a play not to be performed). This is effective in assessing
special returns used involving income taxation in general the deeper understanding of the students on the topic.
and specific.
To enhance and assess competence of the students on preparing actual life
compliance with the regulatory agencies such as BIR, actual forms will be
accomplished given a specific problem or scenario.

Patterned to the Licensure Examination of Certified Public Accountants (LECPA),

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OBTL Plan TAX 1: INCOME TAXATION

Formative Examinations the traditional way of assessing students earned knowledge is through the
conduct of the formative and summative examinations. Formative examinations
Summative Examinations will be conducted per topic or group of related topics. While summative
examinations are divided into two, midterm examination and final term
examination. It can be done either through the traditional proctored pen and paper
test (if permitted by circumstances) or automated examinations with the use of
technology or electronic media websites and various application for test
measurements (if face to face is not allowed). To achieve the outcomes expected
from the accounting graduates, the formative and summative assessments can be
done in multiple choice questions, true or false, essay, problem solving, creating
financial statements, working papers or reports, and the likes.

LEARNING PLAN

Desired Learning Outcomes Textbook/ Flexible Teaching and Assessment of Resource Time
Course Content/Subject Matter
(DLOs) References Learning Activities (FTLAs) Tasks (ATs) Materials Table
Explain the role of the Introduction to Blended/ Flexible TSU Code Online Discussion of the Poll Questioning LMS and other Week
students, the instructors and Learning as applied to Tertiary Student Manual pertinent preliminaries in the (Optional - educational 1
the TSU administration in the Education. College Code conduct of blended/flexible Bonus Points) platforms
conduct of blended/ flexible i. Students Role Various TSU Memo learning as applied to Tertiary
learning. ii. Instructors Role and Guidelines in the Education. (MS Teams, Zoom,
iii. TSU Administration Role conduct of blended / Teacher Managed Learning Facebook, etc.)
flexible learning. Activities\
 Assigned Reading

Students Managed Learning

Activities
 Note Taking
1. Demonstrate mastery of the Unit 1. General Principles of Taxation The 1987 Philippine Use of online lecture (Slides, Poll Questioning Internet connection Week
concepts of taxation and its and Tax Regulations Constitution Videos and Online discussion) during Lecture 1-3
necessity. Electronic device
Chapter I. Introduction to Taxation RA 8424 The Tax Use of poll questioning during Discussion
lecture discussion LMS and other
2. Discuss the scope and i. The Inherent Powers of the State Reform Act of 1997
limitations of the power of ii. Doctrines in Taxation (also known as Tax Oral Exercises educational

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OBTL Plan TAX 1: INCOME TAXATION

taxation. iii. Scope and Limitations of Code) Use of scheduled and Portfolio Journal platforms
Taxation RA 10963 TRAIN unannounced oral exercises for work
3. Enumerate and explain the iv. Stages of Taxation Law exercises (MS Teams, Zoom,
various concepts in the v. Situs of Taxation RA 11534 CREATE Use of case study, and related Facebook, etc.)
environment of taxation. vi. Escape from Taxation Law articles Formative
vii. Other concepts in Taxation Examinations Portfolio Journal
4. Enumerate and explain the Relevant Revenue Use of work exercises such as
theoretical application and Summative Printed Module
sources of tax laws. Chapter 2: Taxes, Tax Laws and Tax Regulations,
Administration Memorandum problem solving, and building Examinations Video Links
5. Explain how the tax system i. Sources of Tax Laws and Circulars, scenario exercises
works in the Philippines. Administrative Issuances Memorandum Order, Slides
ii. Nature and Elements of Tax and Rulings from the Use of offline BIR Forms
6. Enumerate and illustrate the iii. Classification of Taxes Bureau of Internal Case Study and
powers of the CIR. iv. Tax vs. Other collections Revenue Teacher Managed Learning related articles
v. Sound Tax System Activity:
7. Explain the concept of gross vi. Tax Collection System Banggawan, Income Offline BIR Form
 Assigned reading -
income. vii. Classification for tax Taxation 2021e
materials from RRs ,
administration purposes.
RMCs, RMOs, and
8. Enumerate and classify the viii. Powers of the Commissioner of Tabag, Income
rulings from BIR
types of income taxpayers. Internal Revenue Taxation 2021e
 Lecture forum
9. Explain and illustrate the Chapter 3: Introduction to Income Ballada, Ballada,
concept of situs of taxation. Taxation Income Taxation
 Concept Mapping
i. Concept of Income 2019e
10. Explain the applicable ii. Capital vs. Profits
 Lecture-
income tax schemes, iii. Realization of Income Tamayo, Income
Demonstration
accounting period, methods iv. Types of Income Taxpayers Taxation 2019e
and reporting works in the tax v. Individual Taxpayers
system. vi. Corporate Taxpayers Ampongan, Income  Interactive Lecturing
Taxation, 2019e
Chapter 4: Income Tax Schemes, Student Managed Learning
Accounting Periods, Methods and Activity:
Reporting  Study Group
i. Income Tax Schemes
ii. Classification of Gross Income  Searching the web
iii. Accounting Period
iv. Accounting Methods
v. Information Returns  Information Inquiry

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OBTL Plan TAX 1: INCOME TAXATION

vi. Mode of Filing and Paying

vii. EFPS Filers  Reciprocal
viii. Penalties for late filing and Questioning
payment of taxes.
 Note taking

Desired Learning Outcomes Textbook/ Flexible Teaching and Assessment of Resource Time
Course Content/Subject Matter
(DLOs) References Learning Activities (FTLAs) Tasks (ATs) Materials Table
1. Enumerate and provide for Unit 2. Income Subject to Special The 1987 Philippine Use of online lecture (Slides, Poll Questioning Internet Week
the applicable tax rate for the Treatment (Not subject to Regular Constitution Videos and Online discussion) during Lecture connection 4-5
items of income subject to final Income Taxation)
tax. RA 8424 The Tax Use of poll questioning during Discussion Electronic device
Chapter 5: Final Income Taxation for Reform Act of 1997 lecture discussion
2. Differentiate capital assets Passive Income (also known as Tax Oral Exercises LMS and other
from ordinary assets. i. Final Withholding Tax System Code) Use of scheduled and educational
unannounced oral exercises Portfolio Journal platforms
ii. Items of income subject to final RA 10963 TRAIN for work
3. Identify the transactions income tax for individual and Law
Use of case study, and related exercises (MS Teams,
subject to capital gains tax. corporate taxpayers. RA 11534 CREATE
Law articles Zoom, Facebook,
Formative etc.)
4. Prepare the applicable BIR Chapter 6: Capital Gains Taxation Use of work exercises such as Examinations
Form and enumerate the i. Ordinary vs. Capital Assets Relevant Revenue theoretical application and Portfolio Journal
attachments required for final ii. Transactions subject to capital Regulations, problem solving, and building Summative
income taxation and capital gains tax Memorandum scenario exercises Examinations Printed Module
gains tax. iii. Coverage of Capital Gains Tax Circulars,
iv. Tax Base and costing Memorandum Order, Use of offline BIR Forms Video Links
procedures and Rulings from the
v. Filing and payment Bureau of Internal Slides
Teacher Managed Learning
vi. Installment payment Revenue Activity: Case Study and
vii. Exempt transactions and related articles
exceptions to the general capital Banggawan, Income  Assigned readings -
gains taxation Taxation 2021e materials from RRs , Offline BIR Form
viii. Documentary stamp tax on sale RMCs, RMOs, and
of capital assets Tabag, Income rulings from BIR
Taxation 2021e
 Lecture forum
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OBTL Plan TAX 1: INCOME TAXATION

Ballada, Ballada,
Income Taxation  Concept Mapping
2019e
 Lecture- Demonstration
Tamayo, Income
Taxation 2019e  Interactive Lecturing

Ampongan, Income Student Managed Learning

Taxation, 2019e Activity:
 Study Group

 Searching the web

 Information Inquiry

 Reciprocal Questioning

 Note taking

Desired Learning Outcomes Textbook/ Flexible Teaching and Assessment of Resource Time
Course Content/Subject Matter
(DLOs) References Learning Activities (FTLAs) Tasks (ATs) Materials Table
1. Identify if an item is treated Unit 3. Exclusions and Inclusions to The 1987 Philippine Use of online lecture (Slides, Poll Questioning Internet Week
as income or not. the Gross Income Constitution Videos and Online during Lecture connection 6-8
discussion)
2. Enumerate the items of Chapter 7: Introduction to Regular RA 8424 The Tax Discussion Electronic device
income not subject to income Income Taxation Reform Act of 1997 Use of poll questioning
tax. i. Gross Income vs. Taxable (also known as Tax during lecture discussion Oral Exercises LMS and other
Income Code) educational
3. Explain the difference ii. Determination of gross income RA 10963 TRAIN Use of scheduled and Portfolio Journal platforms
unannounced oral exercises for work exercises
between final withholding tax from business or profession Law
(MS Teams,
and creditable withholding tax. iii. Income tax reporting format RA 11534 CREATE
4. Differentiate how tax iv. Operating vs. Non-operating Law Use of case study, and Formative Zoom, Facebook,
related articles Examinations etc.)
treatment of income differs income
from rank and file employees v. Tax Table Relevant Revenue Use of work exercises such Summative
and supervisory and vi. Income tax forms (quarterly and Regulations, Examinations

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OBTL Plan TAX 1: INCOME TAXATION

managerial personnel. annual) Memorandum as theoretical application and Portfolio Journal

vii. Required Attachments to income Circulars, problem solving, and building
5. Enumerate the exempt tax returns Memorandum Order, scenario exercises Printed Module
income of minimum wage and Rulings from the
Video Links
earners. Chapter 8: Exclusions to the Gross Bureau of Internal Use of offline BIR Forms
Income (Income Exempt from Revenue Slides
6. Enumerate and explain how Taxation or excluded for purposes of Teacher Managed Learning
tax due will be computed on computing taxable income) Banggawan, Income Activity: Case Study and
various fringe benefits given to i. Exempt items under the NIRC Taxation 2021e related articles
employees. ii. Exempt income under Special  Assigned readings -
Laws Tabag, Income materials from RRs , Offline BIR Form
7. Discuss how ordinary assets Taxation 2021e RMCs, RMOs, and
and capital assets differs in tax Chapter 9: Regular Income Taxation- rulings from BIR
treatment on the gains and Inclusions to the Gross Income Ballada, Ballada,
losses. i. Items of income subject to Income Taxation  Lecture forum
regular income tax 2019e
8. Prepare for the applicable ii. Withholding tax system  Concept Mapping
BIR Form and enumerate the requirements Tamayo, Income
required attachments relating iii. Effect of VAT and creditable Taxation 2019e  Lecture-
to compensation income and withholding tax Demonstration
fringe benefits. Ampongan, Income
Chapter 10: Compensation Income Taxation, 2019e  Interactive Lecturing
i. Concept of employee-employer
relationship Student Managed Learning
ii. Non-taxable and exempt Activity:
compensation income
iii. De minimis benefits; 13th month  Study Group
pay and other benefits
iv. Regular and Supplementary  Searching the web
Compensation
v. Minimum wage earners  Information Inquiry
vi. Withholding tax on compensation
vii. Filing and payment of taxes  Reciprocal
relating to compensation Questioning

Chapter 11: Fringe Benefits Taxation  Note taking

i. Tax treatment of fringe benefits
ii. Exempt fringe benefits

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iii. Special guidelines in computing

fringe benefits tax

Chapter 12: Dealings in Properties

i. Ordinary vs. Capital Assets
ii. Treatment of Gains and Loses
iii. Holding period and net capital
loss carry-over
iv. Special considerations
v. Tax free exchanges
i. Wash sales
ew

Flexible Teaching and

Desired Learning Outcomes Textbook/ Assessment of Resource Time
Course Content/Subject Matter Learning Activities
(DLOs) References Tasks (ATs) Materials Table
(FTLAs)
1. Identify when an item is Unit 4. Deductions on the Gross The 1987 Philippine Use of online lecture (Slides, Poll Questioning Internet Week
allowed as a deduction against Income Constitution Videos and Online during Lecture connection 10-13
the gross income or not. Chapter 13. Deductions discussion)
A. Principles of Deduction RA 8424 The Tax Discussion Electronic device
2. Enumerate the requisites for i. Business vs. Personal expenses Reform Act of 1997 Use of poll questioning
deductibility and special rules ii. Business expense vs. Capital (also known as Tax during lecture discussion Oral Exercises LMS and other
per item of deduction. expenditures Code) educational
iii. General principles in deductions RA 10963 TRAIN Use of scheduled and Portfolio Journal platforms
3. Enumerate the items of iv. LOAN principle Law unannounced oral exercises for work exercises
(MS Teams,
special deductions covered by v. Matching rules RA 11534 CREATE
special laws. vi. Related Party transactions Law Use of case study, and Formative Zoom,
related articles Examinations Facebook, etc.)
4. Differentiate how regular vii. Requirements for
deductions and optional withholding of taxes Relevant Revenue Use of work exercises such Summative Portfolio Journal
standard deduction computed. viii. Nondeductible expenses Regulations, as theoretical application and Examinations
ix. Modes of claiming deductions Memorandum problem solving, and building Printed Module
Circulars, scenario exercises
B. Regular Itemized Deduction Memorandum Order, Video Links
i. List of itemized deductions and Rulings from the Use of offline BIR Forms
ii. Special rules per line item Bureau of Internal Slides
Revenue Teacher Managed Learning Case Study and
C. NOLCO related articles
Activity:

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OBTL Plan TAX 1: INCOME TAXATION

i. NOLCO requisites for Banggawan, Income  Assigned readings -

deductibility Taxation 2021e materials from RRs , Offline BIR Form
ii. Accounting for NOLCO RMCs, RMOs, and
Tabag, Income rulings from BIR
D. Special Itemized Deduction Taxation 2021e
i. List of special deductions on  Lecture forum
special laws Ballada, Ballada,
ii. Special rules for deductibility Income Taxation  Concept Mapping
2019e
 Lecture-
E. Optional Standard Deduction Tamayo, Income Demonstration
ii. Concept of OSD Taxation 2019e
iii. OSD base and percentage  Interactive Lecturing
iv. Who are not allowed to use Ampongan, Income
OSD? Taxation, 2019e Student Managed Learning
v. OSD for General Professional Activity:
Partnerships
 Study Group

 Searching the web

 Information Inquiry

 Reciprocal
Questioning

 Note taking

Desired Learning Outcomes Textbook/ Flexible Teaching and Assessment of Resource Time
Course Content/Subject Matter
(DLOs) References Learning Activities (FTLAs) Tasks (ATs) Materials Table
1. Prepare the appropriate BIR Unit 5: Individual Income Taxation The 1987 Philippine Use of online lecture (Slides, Poll Questioning Internet Week
Form to be filed and paid by Constitution Videos and Online during Lecture connection 14-15
the individual income taxpayer Chapter 14: Individual Income discussion)
based on existing rules and Taxation RA 8424 The Tax Discussion Electronic device
regulations of the BIR. i. Pure Compensation Income Reform Act of 1997 Use of poll questioning
Earners (also known as Tax LMS and other

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ii. Business or professional income Code) during lecture discussion Oral Exercises educational
earners RA 10963 TRAIN platforms
iii. Mixed Income Earners Law Use of scheduled and Portfolio Journal
iv. The 8% optional income tax RA 11534 CREATE unannounced oral exercises for work exercises (MS Teams,
v. Taxable Estates and Trust Law Zoom,
vi. Miscellaneous provisions Use of case study, and Formative Facebook, etc.)
vii. Filing and payment of income tax Relevant Revenue related articles Examinations
viii. Married taxpayers Regulations, Portfolio Journal
Use of work exercises such Summative
ix. Installment payment Memorandum as theoretical application and Examinations Printed Module
x. Amendment of return Circulars, problem solving, and building
Memorandum Order, scenario exercises Video Links
and Rulings from the
Bureau of Internal Use of offline BIR Forms Slides
Revenue
Case Study and
Teacher Managed Learning related articles
Banggawan, Income
Activity:
Taxation 2021e
Offline BIR Form
 Assigned readings -
Tabag, Income materials from RRs ,
Taxation 2021e RMCs, RMOs, and
rulings from BIR
Ballada, Ballada,
Income Taxation  Lecture forum
2019e
 Concept Mapping
Ampongan, Income
Taxation, 2019e  Lecture-
Demonstration

 Interactive Lecturing

Student Managed Learning

Activity:
 Study Group

 Searching the web

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OBTL Plan TAX 1: INCOME TAXATION

 Information Inquiry

 Reciprocal
Questioning

 Note taking

Flexible Teaching and

Desired Learning Outcomes Textbook/ Assessment of Resource Time
Course Content/Subject Matter Learning Activities
(DLOs) References Tasks (ATs) Materials Table
(FTLAs)
1. Prepare the appropriate BIR Unit 6: Corporate Income Taxation The 1987 Philippine Use of online lecture (Slides, Poll Questioning Internet Week
Form to be filed and paid by Constitution Videos and Online during Lecture connection 16-17
the corporate taxpayer based Chapter 15: Corporate Income discussion)
on the existing rules and Taxation RA 8424 The Tax Discussion Electronic device
regulations of the BIR. A. Special Corporations Reform Act of 1997 Use of poll questioning
i. Exempt corporations under NIRC (also known as Tax during lecture discussion Oral Exercises LMS and other
and Code) educational
ii. Exempt corporations under RA 10963 TRAIN Use of scheduled and Portfolio Journal platforms
special laws Law unannounced oral exercises for work exercises
(MS Teams,
iii. Filing of income tax returns RA 11534 CREATE
Law Use of case study, and Formative Zoom,
related articles Examinations Facebook, etc.)
B. Regular Corporations
i. Regular corporate income tax Relevant Revenue Use of work exercises such Summative Portfolio Journal
ii. Gross income tax (GIT) Regulations, as theoretical application Examinations
iii. Minimum corporate income tax Memorandum and problem solving, and Printed Module
(MCIT) Circulars, building scenario exercises
iv. Improperly Accumulated Memorandum Order, Video Links
Earnings Tax (IAET) and Rulings from the Use of offline BIR Forms
v. Branch Profit Remittance Tax Bureau of Internal Slides
(BPRT) Revenue Teacher Managed Learning Case Study and
vi. Filing and payment of income related articles
Activity:
taxes Banggawan, Income
Taxation 2021e  Assigned readings - Offline BIR Form
materials from RRs ,
Tabag, Income RMCs, RMOs, and
Taxation 2021e rulings from BIR

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OBTL Plan TAX 1: INCOME TAXATION

Ballada, Ballada,  Lecture forum

Income Taxation
2019e  Concept Mapping

Ampongan, Income  Lecture-

Taxation, 2019e Demonstration

 Interactive Lecturing

Student Managed
Learning Activity:
 Study Group

 Searching the web

 Information Inquiry

 Reciprocal
Questioning

 Note taking

Suggested Readings The 1987 Philippine Constitution

and References RA 8424: The Tax Reform Act of 1997 (Tax Code of 1997)
RA 10963: Tax Reform for Acceleration and Inclusion (TRAIN Law)
RA 11534: Corporate Recovery and Tax Incentives for Enterprises Act (CREATE Law)
Relevant Revenue Regulations such as but not limited to: 2-98 as amended; 3-98; 8-2018; 8-2020; 11-2018 as amended; 5-2021
Complete lists and Full texts and Digests of Revenue Regulations and other issuances can be downloaded at: www.bir.gov.ph or www.ntrc.gov.ph

Textbooks:
INCOME TAXATION, Banggawan 2021 edition
INCOME TAXATION, Tabag 2021edition
INCOME TAXATION, Ballada, Ballada 2019 edition
INCOME TAXATION, Tamayo 2019 edition
INCOME TAXATION, Ampongan 2019 edition

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Course
Requirements

Grading System STUDENT PERFORMANCE EVALUATION Weight Grade Equivale Description Remarks Grade Equivalence Description Remarks
nce

Poll Questioning and Oral Exercises 10% 1.00 98-100 Excellent Passed 3.00 75% Passing Passed
%

Portfolio Journal for work exercises 10% 1.25 95-97 Excellent Passed 3.50 75-78% C. Failure C. Failure
(Income Tax Return Portfolio)

Formative Examinations 30% 1.50 92-94 Very Good Passed 4.00 71-74% C. Failure C. Failure

Summative Examinations 50% 1.75 89-91 Very Good Passed 5.00 Failed Failure Failed

TOTAL 100% 2.00 86-89 Good Passed DRP Dropped Dropped Dropped

Credit Grade (Final Grade) = (Midterm Grade + 2.25 83-85 Good Passed INC Incomplete Incomplete Incomplete
Final Term Grade) / 2
2.50 80-81 Good Passed UD Unofficially Failure Failed
Abide by the BSA Retention Policy to qualify for Dropped
2.75 78-79 Satisfactory Passed
BS Accountancy Program.

The passing percentage for online teaching and

learning assessment differs from the limited face-
to-face assessment.

Policies Online/ Flexible Teaching and Learning:

1. Microsoft Teams will be used as the primary platform in every class; thus, all students are advised to download and install the aforementioned
application. Just go to office.com. and login using your @student.tsu.edu.ph account, choose Teams from the list of applications, from there your

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OBTL Plan TAX 1: INCOME TAXATION

enrolled subjects will appear;

2. To uphold delivery of quality instruction, the class may also use added online platforms and applications like Zoom Cloud Meeting, FB
Messenger, Telegram and the like.
3. There are specific periods or schedules wherein synchronous learning shall be required. The student shall be ready as such to attend the said
scheduled meeting and make the necessary adjustments to be able to attend and be present.
4. Plagiarism in case of copyrighted articles is strictly prohibited and direct copying of classmates’ work will be sanctioned by not accumulating any
points, both on the part of the two or more parties involved.
5. Required output such as the Income Tax Return Portfolio using Offline BIR Form shall be submitted on the scheduled time stipulated or
announced by the instructor in charge. Failure to do so will render your portfolio non admissible for grading purposes. In case the student does
not have a laptop or desktop to install the offline BIR Form, the student can download the MS Excel format of every form to be accomplished in
the BIR Website (www.bir.gov.ph). Photocopying of the form will be allowed for submission.

Course Title: AY/Term of Effectively: Prepared by: Reviewed by:

TAX 1: INCOME AY: 2022-2023 DR. DERICK S. FIGUEROA, CPA

TAXATION 1st SEMESTER BSA Department Chairperson
ERICA E. JIMENEZ, CPA
Faculty DR. HENRY D. RUFINO, CPA
BSAIS Chairperson / Associate Dean, CBA

Recommending Approval:

DR. JHONEL C. PANLILIO, CPA

Dean, College of Business and Accountancy

Approved:

DR. AGNES M. MACARAEG

Vice President for Academic Affairs

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