ORDER

2
3

8
9-10

11

12

13

14

TOPIC/S
I.
A. Income
B. Income Tax
I.
C. When is Income Taxable
I.
D. Capital Gain; Ordinary Gain; Presumed Gain
E. Income Tax Systems
F. Criteria in Imposing Philippine Income Tax
G. Tax Treaties
I. Taxpayers
A. General Principles
B. Individuals
C. Corporations
Large Taxpayers
I.
C.
Partnership; Co-ownership; GBP
Joint Venture; Exempt v Taxable
I.
C.
Domestic Corporations
Resident Foreign Corporations
Non-Resident Foreign Corporations
I.
D. Estates and Trusts
E. Registration of Taxpayers
II.
A. Exempt Individuals
II.
B. Exempt Corporations
III.
A. Income from Whatever Source
Situs of Income
III.
B. Compensation Income
Fringe Benefits
III.
B.
Exclusions
C. Pensions/Retirement Benefits/Separation Pay
III.
D.
1. Interest Income
2. Rentals/Leases
3. Royalties
III.
D.
4. Dividends

PAGE
1

REPORTER
Mendoza, Enzo

Jao, Dens

1-2

Cruz, Carlo

Cabanos, Kat

Callueng, Evert

2-3

Mora, Kitkat

Tantuico, Kate

Rosario, Joy

3-4

Aquino, Joni and

Esquivias, Ellie

Dela Cruz, Miggy

4-5

Pedro, Eugene

Faustino, Paulo

5-6

Galang, Justine

15-16

17

18-19
20

21

22

23-24

25

26

27
28

29
30

III.
D.
5. Annuities and Insurance Proceeds
6. Prizes and Winnings/Awards/Rewards
7. Other Types of Passive Income
III.
E. Gains Derived from Dealings in Property
F. Business Income/Income from Exercise of Profession
G. Partners Distributive Share
H. Exclusions under Special Laws
IV.
A. Deductions in General
IV.
B. Allowable Deductions
Ordinary/Necessary Business Expenses
IV.
B.
Interest Expense
Taxes
IV.
B.
Losses
IV.
B.
Bad Debts
Depreciation
Depletion
R&D Expenses
Charitable and other Contributions
Contribution to a Pension Trust
IV.
C. Non-Deductible Expenses
D. Special Deductions
IV.
E. Deductions for Individuals
F. Personal Exemptions
G. Deductions under Special Laws
V.
A. Resident Citizens and Resident Aliens
V.
B. Non-Resident Aliens Engaged in Trade or Business
C. Non-Resident Aliens Not Engaged in Trade or
Business
D. Special Aliens
E. Members of GPP
VI.
A. Domestic Corporations
VI.
B. Resident Foreign Corporations
VI.
C. Non-resident Foreign Corporations

Herrera-Lim, Annie
and Wijangco,
Erika

6-7

Borja, Bea

7
7-8

Tudtud, Dale and

Santos, Anna
Tan, Aimee

Miranda Eliane

Rodis, Raymond

8-9

Diaz, Giselle and

De Ocampo, Mitch

Nidea, Rosie

9-10

Chan, Gavin

10

Villanueva, Kris

10-11

Munoz, Erica

11

Ramos, Dodot

11

Magundayao, Che

31

32

33

34

35

36

37

38
39
40

VI.
D. Special Corporations
Private Educational Institutions and Non-profit
Hospitals
Non-profit-non-stock Educational Institution
Non-resident Cinematographic Film Owner, Lessor or
Distributor
International Carriers
Non-resident Owner of Vessels
Non-resident Lessor of Aircraft, Machineries, and Other
Equipment
VI.
D.
Foreign Currency Deposit Units/Offshore Banking Units
Regional or Area Headquarters and Regional Operating
Headquarters
Petroleum Service Contractor and Subcontractor
BCDA, PEZA, and BOI Registered Enterprises
VI.
E. Minimum Corporate Income Tax
F. Improperly Accumulated Earnings Tax
G. Fringe Benefits Tax; De Minimis Benefits; ACA; RATA;
PERA
VII.
A. Capital Asset v. Ordinary Asset
B. Treatment of Sale or Exchange of Ordinary Assets
VII.
C. Treatment of Sale or Exchange of Capital Assets
which are not Real Property
D. Treatment of Sale or Exchange of Capital Assets
which are Real Property
E. Foreclosure Sales of Real Property
VIII.
A. In General
B. Merger or Consolidation
C. Exchange of Property for Shares of Stock
VIII.
D. Other Tax-Exempt Transactions
E. Administrative Requirements
IX. Accounting Periods and Methods
X. Withholding of Taxes
XI. Returns and Payments of Taxes
NOTHING FOLLOWS

11-12

Castro, Alex

12

Silva, Rafa

12

Cardeno, Andre

12

Medina, Amylene

12

Bunyi, Paola

13

Santos, Fra

13

Ico, Des

13-14
14
14

Zosa, Ely
Pantoja, Nikki
Husmillo, Ron