Description
This book aims to provide law students and practitioners of an updated and comprehensive understanding of Income Taxation in the Philippines. The recent amendments in the National Internal Revenue Code (NIRC) through Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Law and Republic Act No. 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law were incorporated in this book together with the latest Revenue Regulations, Revenue Memorandum Orders and Revenue Memorandum Circulars of the Bureau of Internal Revenue. Furthermore, the latest Philippine Supreme Court decisions on tax cases together with the landmark cases were also discussed in this book. Philippine Bar Examination questions for the years 2009 to 2019 with suggested answers from the author were also incorporated in this book.
