In this 2-hour self-directed webinar, our Speaker Atty. Willie B. Santiago will focus on the 2025 BIR Rulings published last week (i.e., December 2). Specifically, he will revisit the present position of the BIR on various issues raised and connect the same to your points of interest on the impact to everyone’s year-end compliance.
1. Navigating tax privileges of real property sector in connection with its economic & low-cost housing project
2. Exemption from related taxes on transfer of club shares: conditions & limitations
3. Invalidity of the official receipt/invoice printed pursuant to the Authority to Print
4. Withholding of back taxes for income payments not subjected to withholding tax
5. FVAT & FWT imposition on technical services paid abroad, electronic transfer of software from non-resident foreign corporations to end user in the Philippines
6. Water district payment’s exemption from withholding tax vis-à-vis 2% Franchise Tax
7. Selling of shares lower than published rates, its consequences
8. Excise tax on imported boats for pleasure and imported beverages
9. What constitutes electronic platform subject to royalty tax and FVAT in the Philippines?
10. Homeowners’ Association claim of tax exemption, its basis towards successful Certificate of Tax Exemption
11. Taxability of franchise fee: When considered passive vs active income for withholding tax purposes?
12. CGT imposition on reconveyance of land
13. BIR ruling on the cancellation of the BIR assessment, when possible and when not?
14. Prohibition for trustee to invest its retirement to the business of the employer
15. What’s new on the BIR’s changing position on electric cooperatives claim of tax exemption?
16. Extent of tax exemption of PAGCOR licensees & contractees
17. VAT liability exposures of religious and educational organizations for using their property to generate proceeds
18. Domestic market enterprise transition to being regular tax: revisiting their present tax incentives under 2024 CREATE MORE
19. Denied Certificate of Tax Exemption of Schools due to various forms of inurement prohibition
20. PEZA-registered supplier’s exposure to the 12% VAT imposition for granting 0% VAT sales to PEZA clients, if not qualified under the very strict limitations
21. BIR liability of various local government units (LGUs) on their proprietary activities such as lease of market stalls among others
22. Prohibition on soft copy of BIR Form 2307 presentation for refund and BIR assessment purposes
23. Capital vs ordinary assets: A revisit of present take of the BIR in reference to a number of denied rulings
24. Donations to Government, Non-Government & Private Sectors: When fully and partially deductible?
For other-related inquiries on registration, confirmation, and submission of proof of payment so we can send you the zoom link, you may also reach our Events Team with the details below:
