I prepared this book to reiterate the MUST KNOW basic concepts in Taxation based on decided cases of the Supreme Court and the Court of Tax Appeals in the hope that students will seriously learn this subject with ease because taxation is one of the most difficult subjects in the BAR and BOARD examination.

Taxation is very important to all of us. It is something we cannot live without, like death it is the only thing certain in our life. Taxation is not only part of our existence, but it interferes with our earnings and disposable income, property rights, obligations and relationship with our government.

This book is a product of a decade of experiencing, learning, practicing, and teaching Taxation. Honed by my tax experience in an accounting firm and a law firm, and further solidified at my current tax work with the Court of Tax Appeals, this book is an ever-evolving work of art, a culmination of how my mind works in trying to explain the constructive glory and the destructive fury of taxation.

It is undisputed that most students are struggling when it comes to Taxation because of its very technical nature. Because one of my advocacies is to make the study of law easier for everyone, I decided to write this book on Taxation that could certainly be understood by everyone. This book is intended as the first Taxation reference material for law students or anyone who wants to get a bird’s eye view of the subject before going to the regular textbooks. This textbook might not get all the topics in Taxation, but I make sure that it includes all essential topics on the study of the subject which would make the readers understand better the regular textbooks on Taxation.

For the 2025 version, I added the amendments from Ease of Paying Taxes and CREATE MORE Acts.

This humble work is somewhat an expansion of an earlier work I did entitled: “The General Banking Law of 2000” which was annotated with notes principally based on the deliberations of the Philippine Senate.

It is therefore essential that lawyers understand the basic principles of laws covering COMPLICATED and HIGHLY TECHNICAL TAXATION PROBLEMS INVOLVING VALUE ADDED TAXES ESPECIALLY PRODUCTS AND SERVICES in the cases that come before them and legal practitioners understand the way in which the courts operate and their high duties to the court. This work forms an important bridge between law on the one hand and everyday development and progress on the other. It is a useful perspective to ensure that developments in law and developments in other fields move together to achieve a better if not the best administration of justice.