Seminars Schedules

Chapter VI – Computation of Gross Income

Friday, 8 July 2011, 16:07 | Category : Corporate Income Tax, Individual Income Tax, National Taxes
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SEC. 32. Gross Income. – (A) General Definition. – Except when otherwise provided in this Title, gross income means all income derived from whatever source, including (but not limited to) the following items: (1) Compensation for services in whatever form paid, including, but not limited to fees, salaries, wages, commissions, and similar items; (2) Gross […]

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Chapter V – Computation of Taxable Income

Friday, 8 July 2011, 16:02 | Category : Corporate Income Tax, Individual Income Tax, National Taxes
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  SEC. 31. Taxable Income Defined. – The term taxable income’ means the pertinent items of gross income specified in this Code, less the deductions and/or personal and additional exemptions, if any, authorized for such types of income by this Code or other special laws.

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Chapter XIII – Withholding on Wages

SEC. 78. Definitions. – As used in this Chapter: (A) Wages. – The term ‘wages‘ means all remuneration (other than fees paid to a public official) for services performed by an employee for his employer, including the cash value of all remuneration paid in any medium other than cash, except that such term shall not […]

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