About this document
Income Taxation Overview and Principles by Rose Anne Pereja is a document available to read on EtoBox.
This document discusses income taxation under Philippine law. It defines income and distinguishes it from capital. Income includes gains from various sources, such as business, compensation, capital assets, found treasures, and illegal activities. To be taxable, income must be realized and received by the taxpayer. Constructive receipt and various tests for realization are explained. The document also outlines the different classes and types of taxable income.
- Author
- Rose Anne Pereja
- Language
- EN