University of Cebu-Banilad Library

Includes bibliographical references.

Contents: Preface — Dedication — Chapter 1 Introduction — Chapter 2 General principles — Chapter 3 Basic succession — Chapter 4 Gross estate — Chapter 5 Deductions from gross estate — Chapter 6 Estate tax — Chapter 7 Donor's tax — Chapter 8 Value added tax — Chapter 9 Vat exempt transactions — Chapter 10 Zero-rated sales — Chapter 11 Percentage tax — Chapter 12 Excise tax — Chapter 13 Documentary stamp tax — Appendices.

"TRAIN Law and CREATE Law have made taxation one of the most obvious and provocative subjects in economic policy of the government. This has worked towards bringing the system aligned with international best practices.
Traditionally, taxation has often been an active influence in administrative developments and expansions. It is frequently the center of efforts over resources.
In modern economies taxation can attract and absorb up to a half of national income.
There is no crucial part of the economy which is indisputably unresponsive to The feature in the book is labeled, not only for students to learn the rubrics of taxation, but also to impart an abundant reason of how lawmakers should continuously and persistently legislate tax laws in harmony with the Philippine Tax System. While the implication of revenue of business and transfer taxes is undeniable and unquestionable, there has been a venerable need for synchronization and restructuring of these taxes.
This book expounds the many attributes and qualities of business and transfer taxation in a straightforward and coherent manner to allow a wide-ranging knowledge of the function of taxation. There are examples and illustrations in various chapters to simplify an understanding of the reasonable features of business and transfer taxation.
The key function of this book is to enhance the flow of the fundamental concepts of business and transfer taxation from a policy, legal and administrative standpoint, propounding its readers an independent viewpoint of rights and obligations concomitant with the levying of taxes. The book sets out existing and up-to-date principles of taxation from both an economic and legal standpoint, expounds taxation in the Philippine legal system, reviews factors and points for substantive and procedural tax law design, and deals with sanctions in tax law.
People who can benefit from this book may range from university students to tax practitioners and members of civil society who strive for a clearer understanding of current essential issues concerning the levying of taxes in the Philippines." —Preface

Adult

Purchased Biore, Christopher College of Business and Accountancy Accountancy

Text in English