TAX Notes - Rex B.

This class was created by Brainscape user Djanine Cardinales. Visit their profile to learn more about the creator.

Decks in this class (21)

General Principles of Taxation
Refers to the inherent power of t...,
The legislative act of laying a t...,
Taxation is a means of allocating...
39  cards
Taxes, Laws and Administration
An enforced proportionate contrib...,
Elements of a valid tax,
Tax imposed for the general purpo...
49  cards
Income Taxation
Income,
Why is income taxed,
Gross income
35  cards
Gross Income subject to RIT
Regular income tax covers,
Nature of regular income tax,
Taxable income
20  cards
Compensation Income
Features of employer employee rel...,
Composition of compensation incom,
Non taxable compensation
20  cards
Fringe Benefits Tax
Fringe benefits,
Fringe benefits to rank file empl...,
Fringe benefits to managerial sup...
8  cards
Dealings In Properties
Dealings in properties,
Ordinary assets,
Net capital gain
13  cards
Deductions From GI
Deductions from gross income,
Principles of deductions,
Related parties
8  cards
Itemized Deductions
Itemized deductions,
Interest,
Taxes
18  cards
Optional Standard Deductions
Percentage of osd,
Mandatory itemized deductions,
Osd gpp
3  cards
Individual Income Tax
Individual taxpayers,
Taxes on individuals,
Income classes
10  cards
Corporate Income Tax
Basic principle in corporate taxa...,
Not taxable as corporations,
Classification of corporate taxpa...
11  cards
Estate & Donors Tax - Transfer Tax
Estate taxation,
Estate taxation elements,
Kinds of succession
17  cards
Consumption Taxes
Rationale of consumption taxes,
Types of consumption,
Types of domestic consumption
8  cards
VAT on Importation
Vat on importation,
Exempt importations,
Import of exempt goods
13  cards
Business Tax
Nature of business tax,
Types of business tax,
Taxable persons under business tax
28  cards
Excise Tax
Excise tax,
Types of excise tax
2  cards
Documentary Stamp Tax
0  cards
Tax Remedies
0  cards
Local Taxation
0  cards
Create Law
0  cards

More about
TAX Notes - Rex B.

  • Class purpose General learning

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