In this 2-hour self-directed webinar, our Speaker Atty. Willie B. Santiago will focus on the following perennial concerns with significant impact to businesses and individuals:
1. Status of pending bills in Congress on lowering of VAT rate from 12% to 10%, 14th month pay, and reduction of mandatory age to government or private employees to 56
2. On BIR’s clarification on what is ordinary and necessary expenses to be tax deductible vis-à-vis active and passive income pursuant to RMC 81-2025
3. What’s new on the recent take of the BIR taxing practically all cross-border and offshore payments vis-à-vis VAT on Digital Services?
4. Where are we on the recently passed CMEPA? A deep dive on the implementing rules issued by the BIR focused on tax on certain passive income, DST rates and exemptions, Stock Transaction Tax, PERA Tax Credits, and excise tax imposition on pick-ups.
5. A revisit of your tax filing compliance this quarter with the left and right extensions brought about by typhoons and Habagat
6. What’s new with the BIR’s tax clearance, processes involved, and documentary requirements?
7. Navigating the VDS and ORUS portals of the BIR: The new way to do business with the BIR
8. The most recent update on the Electronic Invoicing and Electronic Sales Reporting of the BIR pursuant to the CREATE MORE requirement.
9. The latest on the VAT zero-rating on local purchases of ecozones/freeport zones as well as BOI-registered entities.
10. On BIR’s expanded mandatory audit coverage vis-à-vis RMO 36-2005: How to prepare for BIR audit if selected.
11. Tax updates focused on books of accounts preparation, update, interim/year-end closing, and post-approval audit methodologies of the BIR whether manual, loose-leaf or computerized
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:
