BIR Tax Updates Quezon City
ASIAN
INSTITUTE OF TAXATION
NO. 8
SCOUT TUASON ST, QUEZON
CITY
PRC
CPE ACCREDITATION NO.
002
We cordially invite
you to a seminar on:
YEAR-END
REQUIREMENTS FOR INCOME TAX, W-TAXES
&
VAT, % TAXES AND OTHER TAX UPDATES
MORNING
SESSION:
INCOME
TAX AND WITHHOLDING TAXES
VARIOUS COMPLIANCE
REQUIREMENTS
· Filing
2012 ITRs and additional attachments of regular itemized deductions (RMC
27-2013)
· Filing/submission
of Certificate of Compensation Payment/Tax Withheld (RR 11-2013)
· “Tentative
Annual ITRs” being filed by certain taxpayers (RMC 50-2013)
· Filing
of ITRs of Phil nationals and aliens employed by foreign govts (RR 7-2013;
8-2013)
· Expands
coverage of taxpayers required to file tax returns and pay taxes thru eFPS (RR
1-2013)
· eFPS
Implementation (RMC 30-2013 AND RR 9-2001)
· eFPS
Filing of tax returns affected by revised tax rates-alcohol,tobacco products
(RMC 10-2013)
· Redemption
Period on Foreclosed Properties (RMC 55-2011)
· Binding
effect of Rulings prior to Jan 1, 1998 (RR 5-2012)
· Joint
Ventures not taxable as corporations (RR 10-2012)
ON TAXABILITY OF
CERTAIN INCOME ITEMS AND CLAIMING OF DEDUCTIONS
· Deposits/advances
for expenses received by taxpayers (RMC 89-2012; 16-2013)
· Taxation
of Shares of Stocks (RR 6-2013)
· Treatment
of sale of jewelry to NRA not engaged in business in Phil or to NRFC (RR
5-2013)
· Asso
dues & other assessments collected by Homeowners Asso.(RMC 65-2012; 9-2013)
· PAGCOR,
its contractees and licensees (RMC 33-2013)
· Director’s
Fees (RMC 77-2008)
· Contributions
to GSIS, SSS, and HDMF in excess of compulsory (RMC 27-2011; 53-2011)
· Improperly
Accumulated Earnings Tax (RMC 35-2011)
· Price
Ceiling for Socialized Housing (RMC 30-2011)
· Interest
on Savings and Time Deposits of Cooperative Members (RMC 47-2011)
· Tax
Treatment of Separation Benefits (RMO 26-2011; RMO 36-2011)
· Income
Payments for Media Advertising Placements (RMC 63-2012; 91-2012)
· Clubs
operated exclusively for pleasure and recreation (RMC 35-2012)
· Condominium
Corporations (RMC 65-2012)
· Requirements
for deductibility of certain income payment (RR 12-2013; 63-2013)
· Deductibility
of depreciation expenses on purchase of vehicles (RMC 2-2013)
ON WITHHOLDING TAXES
· On Real
Estate practitioners (RR 10-2013)
· SAWT
and MAP (RR 2-2006; RMC 3-2006)
· Government
Money Payments (RMC 5-2006)
· EWT
on payments of PHIC to Medical Practitioners (RMC 38-2011; RMC 49-2011)
· EWT
on Professional Fees paid to Medical Practitioners (RR 14-2013)
· Exemption
of GPPs from EWT (RMC 3-2012)
· Withholding
on Compensation Income: de Minimis and Fringe Benefits (RR 2-2011)
AFTERNOON
SESSION:
VALUE
ADDED TAX AND OTHER PERCENTAGE TAXES
VARIOUS COMPLIANCE
REQUIREMENTS
· Registration,
Updates, Transfer and Cancellation (RR 7-2012)
· Invoicing
and Accounting Requirements; Invoicing preparation
· Filing
of Monthly VAT Declaration, Quarterly VAT Return and payment of net VAT payable
· Final
Vat Withholding and Remittance
· Mandatory
Submission of SLS, SLP, SLI (RR 1-2012)
· Preservation
of Books of Accounts (RR 17-2013)
· Obligations
of Exhibitor or Organizer and Privilege Store Operators (RR 16-2013)
· Machine
Identification Number Sticker for CRM/POS machines (RR4-2013)
· Taxpayers’
obligations in relation to online business transactions (RMC 55-2013)
· Validity
of unused/unissued receipts/invoices printed prior to Jan 18, 2013 (RMC
52-2013)
· Validity
of unused/unissued receipts/invoices printed prior to Jan 18, 2013 (RMC
44-2013)
· Policies
on submission of Inventory Report of all unused RORs/ORs (RMO 6-2013)
· Reportorial
Requirements for Leasing of Commercial Spaces (RR 12-2011)
ON VATABILITY OF
CERTAIN SALE OF SERVICES
· Effectivity
of Threshold Amounts for VAT Purposes (RR 3-2012)
· Services
provided by hotels to international air transport (RMC 31-2011)
· Business
Taxes on Professionals (RMC 64-2012)
· Change
of control of a corporation (RR 10-2011)
· Common
Carrier’s Tax Liability of International Carriers (RR 11-2011)
RESOURCE PERSONS:
A. Income Tax,
Withholding Taxes and Other Compliance Requirements
Atty. Victorino C.
Mamalateo, Tax Professor and Reviewer (UP, Ateneo, etc.) Master of laws
(Harvard
University), former BIR Asst
Commissioner, Former P&A Tax Partner, Tax Consultant
B. Value Added Tax
and Other Compliance Requirements
Mr. Arnold Apdua, LLB, CPA, Former
Supervisor, Bureau of Internal Revenue, Tax Professor,
University of the East, Tax Consultant
Venue Max’s Restaurant,
Scout Tuazon St., Quezon Cty
Date & Time December 6, 2013, 8am
to 5:30pm
Seminar Fee
P2,500 + 12% VAT Includes seminar
materials, Lunch, AM & PM snacks, certificate for 8
CPD Units (less 20% special discount
on seminar fee for AIT Regular Members)
CPD UNITS: 8 Units on
THEMATIC AREA: 2 – Pronouncements related to taxation
For
Reservations: Please call Vicky at (02)448 5905 or (02)345 5905 or
(Sun)
0923-7224506, (Globe) 0906-4688970, (Smart) 0928-5522246
Just inform Vicky that you found the Bir tax updates details in www.philippinecpa.com
To
Confirm Reservations: Please deposit registration fee at any
branch of
East
West Bank Savings Account No. 42-02-006359 (Tomas Morato
Branch); or
Banco
De Oro Savings Account No. 115 004 7656 (Tomas Morato Branch),
under the name of “Asian
Institute of Taxation, Inc.”
Please
fax deposit slip to (02) 448-5905.
Email
us at vickylitiatco@yahoo.com
………………………………………………………………………………………………………
REGISTRATION FORM
Name
Landline
Mobile Email Add:
Company
Address
PLEASE
BRING VALID IDs FOR REGISTRATION and TO CLAIM YOUR CPE CERTIFICATE
SJB Town Villa, No. 8 Scout Tuason St, Quezon City Tel Nos.
448-5905; 345-5905
Email:
ait.ecaguirre@gmail.com or vickylitiatco@yahoo.com
Website:www.asiantaxinstitute.com
“Competence
Building Confidence”
BIR Tax Updates Quezon City
