Course Description
This seminar guides you into making informed decisions about what, when and how to do with your taxes towards tax efficiency. Learn to compute your taxes correctly through examples, case studies and actual preparation of tax returns. Discover the differences between tax evasion vs. tax avoidance and their legal implications. Know what to expect from the BIR to avoid being audited and find out how it conducts examination to enhance audit compliance on your part.
Performance Objectives
-Upon completion of this workshop, participants should be able to comply with BIR rules and regulations. Participants will be able to explain basic taxation terminologies and calculate simple tax computations.
Learning Objectives
By the end of this course, the participants shall be able to:
- Define taxation and basic terminologies
- Comprehend and follow BIR compliance requirements
- Identify the factors and calculate tax on individuals & corporations
- Explain and compute for withholding tax, VAT, and other business taxes
- Summarize the process and steps of BIR assessment
- Utilize legal methods for tax avoidance and exemptions
Course Topic Highlights
1. Taxation, Defined
2. Why Taxation Exists
3. Tax Evasion vs. Tax Avoidance
4. The BIR: Its Mandate, Goals, and Programs
5. Taxpayer’s Duty and Right
6. Philippine Tax Overview
7. Tax on Individuals, Corporations & Partnerships
8. Creditable and Final Withholding Tax
9. Withholding Tax on Wages
10. Substituted Filing of Employees’ ITR
11. Value Added Tax, Percentage Taxes, Excise Taxes, and Documentary Stamp Taxes
12. Administrative Compliance
13. Registration Requirements
14. Invoicing & Bookkeeping
15. Tax Filing & Tax Payment
16. Consequences for Non-Compliance
17. BIR Programs
18. How to Avoid BIR Audit (Enjoying Preferential Tax Treatment)
19. BIR Audit Compliance
20. Tax Avoidance Measures (Tax Option, Shifting, Transformation, Exemption, Handling Accruals, Planning Transactions, NOLCO)
21. Recent Tax Updates
Here are the rates:
Webinar Rate
Php4500 +12%VAT = Php5040
Seminar Rate
Php8500 +12%VAT = Php9520
Full details & Registration:
https://businessmaker-academy.com/webinar-effective-taxation-bir-compliance-course-training/
For more inquiries, you may contact us at:
Landline: (632) 8687-4645, 8687-3416
Mobile/Viber: (0917) 6372471, (0912) 2231826, (0917) 1357279
Email:
aW5mbyB8IGJ1c2luZXNzbWFrZXItYWNhZGVteSAhIGNvbQ==
www.businessmaker-academy.com
You may also like the following events from Businessmaker Academy:
Also check out other
Workshops in New Prague,
Virtual events in New Prague.
