[TOPIC 1] GENERAL PRINCIPLES OF TAXATION | Doctrines, Theories, and Limitations (Philippines) Part 1

This video features and discusses the general principles of taxation in the Philippines. This part includes the discussions on the inherent powers of the State, the concepts, principles, theories, and limitations of the Taxation power.

Please also watch my other videos on:
1. Classification of Taxpayers:    • [TOPIC 11 ] CLASSIFICATION OF TAXPAYERS | ...  
2. Gross Compensation Income:    • [TOPIC 12] GROSS COMPENSATION INCOME | Inc...  
3. Business Income:    • [TOPIC 13] GROSS BUSINESS AND PROFESSIONAL...  
4. Passive Income:    • [TOPIC 14] PASSIVE INCOMES | Final Withhol...  
5. Final and Creditable Withholding Taxes:    • [TOPIC 16] WITHHOLDING TAX SYSTEM | Final ...  
6. Exclusions from Gross Income:    • [TOPIC 15] EXCLUSIONS FROM GROSS INCOME | ...  
7. De Minimis:    • [TOPIC 21] DE MINIMIS BENEFITS | Tax Treat...  
8. Top Withholding Agents:    • [TOPIC 17] WITHHOLDING TAXES ON COMPENSATI...  

If you also want to learn how to:
1. File Withholding Taxes on Compensation:    • BIR FORM 1601C | Step-by-Step Process on H...  
2. File Expanded Withholding Tax:    • BIR FORMS 0619E and 1601EQ | Easy Steps Us...  
3. File Withholding Tax on Fringe Benefits:    • BIR FORM 1603Q | Quarterly Remittance for ...  

If you haven't watched yet the comparison between Itemized Deductions and Optional Deduction, please click this link to redirect you to our video discussion:    • [TOPIC 26] ALLOWABLE DEDUCTIONS | Itemized...  

Also, if you want to know about the components of gross income, and how to compute an income, please watch the following videos.

1. Sale of Real Properties Classified as Capital Assets:    • [TOPIC 23] DEALINGS IN PROPERTIES | Capita...  
2. Sale of Shares of Stocks:    • [TOPIC 24] DEALINGS IN PROPERTIES | Capita...  
3. Sale of Capital Assets not Subject to Capital Gains Tax:    • [TOPIC 25] DEALINGS IN PROPERTIES | Sale o...  
4. Ordinary Assets and Capital Assets:    • [TOPIC 22] DEALINGS IN PROPERTIES | Ordina...  
5. Computation of Gross Business and Professional Income:    • [TOPIC 13] GROSS BUSINESS AND PROFESSIONAL...  
6. How to Compute Compensation Income:    • [TOPIC 12] GROSS COMPENSATION INCOME | Inc...  
7. Final Income Tax on Certain Passive Income:    • [TOPIC 14] PASSIVE INCOMES | Final Withhol...  

I will upload videos every Monday, Wednesday and Friday.