Lecture 05: Passive Income. Income Subject to Final Tax – Part I. [Income Taxation]

Welcome to Sir Win – Accounting Lectures. Ang accounting discussion online pero classroom approach. Hindi review, kundi first view. Kaya asahan ang kaunting jokes, kwento at kung ano ano pang mga segwey na nangyayari sa loob ng classroom

Kung gusto nyo ng kwelang kwento habang natuto ng accounting, try nyo pakinggan ang mga paandar ng channel ko. Motto ko sa education, learning while having fun…. at language na dapat naiintindihan. Lapat dapat sa karanasan.

Taxation. Income Taxation. History of Taxation. Substituted Filing. Self Assessment. BIR. Aspects of Taxation. Definition of Taxation. Purposes of Taxation. Objectives of Taxation. Taxation Doctrine. Lifeblood Doctrine. Ability to pay theory. Holme’s Doctrine. Marshall Doctrine. Escape from Taxation. Tax Evasion. Tax Avoidance. Tax Amnesty. Tax Condonation. Direct Duplicate Taxation. Inherent Powers of the State. Limitations of Taxation Power. Inherent Limitation. Constitutional Limitations. Situs of Taxation. Sources of Tax Laws. Philippine Tax Laws and Taxes. National Internal Revenue Code of 1997. Tax Code. Fiscal Adequacy. Theoretical Justice. Administrative Feasibility. Basic Principle of Sound Tax System. Tax Classifications. Classification of Individual Taxpayer. Resident Citizen. Non-Resident Citizen. Resident Alien. Non Resident Alien Engaged in Trade or Business. Non Resident Alien Not Engaged in Trade or Business. Categories of Income. Compensation Income. Business Income. Mixed Income. Passive Income. Capital Gains from Sale of Share of Stock. Capital Gains from sale of real property. Interest. Yield. Royalties. Prizes. Winnings. Dividends. Final Tax. Final Withholding Tax.

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This Youtube channel is made for fun accounting classes.

College students, Senior high schools students with Accountancy, Business and Management ABM strand, or anyone with the need for accounting tutorial online can learn from this channel. It even caters Accounting for Non-Accountants.

It discusses the Basics and Fundamentals of Accounting Partnership and Corporation Accounting, Intermediate Accounting, Advance Financial Accounting and Reporting, Taxation, Management Advisory Services, Auditing Theory, Auditing Problems and some other topics that may be included in CPA Licensure Examinations.

The language used is primarily Tagalog for we are Filipinos living in the Philippines. Accounting Jokes and Life Stories are sometimes incorporated with accounting lessons.

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