A Study on income tax law and accounting under the TRAIN law / Virgilio D. Reyes.

Includes appendices.

"An in-depth study on the taxes, in simplified discussions and illustrations, with portrait and landscape presentations, with comparative tables, and with progressing problems to sole. With illustrative recordings in the book of accounts comprehensive"--Front cover.

Taxation and income tax -- Tax on domestic corporations -- Tax on resident corporations -- Tax on partnerships -- Tax on income from employment of a resident citizen of the Philippines -- Tax on income from self-employment or profession of a resident citizen of the Philippines -- Tax on a resident citizen of the Philippines when income is mixed or when income is joint with spouse -- Quarterly and annual income tax return on income from business or profession -- Gross income: inclusions and exclusions -- Gains and losses from sales or exchanges of assets – 1 -- Gains and losses from sales or exchanges of assets – 2 sale of property with capital gain tax -- Gains and losses from sale or exchanges of assets – 3 the asset is ordinary asset -- Income from business, dividend and interest -- Income from rent and farming -- Income from services and other sources -- Optional standard deduction -- Itemized deductions, in general -- Taxes and fringe benefits -- Interest and losses -- Bad debts, pension trust and research costs -- Depreciation, depletion and others -- Contributions -- Taxable income and income tax -- Tax credit for foreign income tax paid -- Filing or return and payment of tax -- Appendix A: Wash sale -- Appendix B: Corporate readjustments -- Appendix C: Reconciliation of net income per books against taxable income -- Appendix D: Income tax of estate, trust, joint venture and co-ownership -- Appendix E: The tax payers and their taxable income -- Appendix F: Graduated income tax rates for individuals.

Fund 164 Great Books Trading Purchased 11/20/2020 78372 PNR PHP 675.00 2020-10-371C 2020-1-0319