KINDLY FORWARD TO YOUR COLLEAGUES WHO MIGHT BENEFIT FROM THESE LEARNING SESSIONS Workshop 1: Reducing Tax Risk + Techniques & Tools Used in BIR Audit When: December 10, 2014 (Wednesday), 8:00 – 5:00 PM Where: Yuchengco Institute for Advanced Studies, 5F Tower 2, RCBC Plaza, Makati City Regular Fee: Php4,500 + vat Early Bird Fee: Php4,000 + vat [until Nov. 25] Outline Overview of the BIR’s Tax Audits Legal Basis of Assessment of the BIR Types of Audit And Assessment Notices and Assessments Relief Program Sources of Discrepancies LNs vs LAs Linkages With Government Data Post –Audit Review Report Priority Target Taxpayers for Audit Selection Criteria for Issuance of LAs and Audit Notices Guidelines on Revalidation of Letter of Authority Notice of Informal Conference Conditions when No Pre-Assessment Notice is Required Formal Letter of Demand and Assessment Notice Requisites when Assessment is Made or Deemed Made The BIR’s Approaches and Procedures to Tax Audit Indirect Approach to Investigation Lifestyle Check on Individual Taxpayers Piercing the Corporate Veil Audit Procedures on Withholding Taxes Imposition of Improperly Accumulated Earnings Tax Fringe Benefits Minimum Corporate Income Tax on Domestic Corporations Requirements on Input Tax Vat-Audit Pro-Forma Computation by the BIR The BIR’s Guidelines and Procedures ---------------------------------------------- Workshop 2: Tax Compliance Reminders for ITR Preparation and Filing When: December 11, 2014 (Thursday), 8:00 – 5:00 PM Where: Yuchengco Institute for Advanced Studies, 5F Tower 2, RCBC Plaza, Makati City Regular Fee: Php4,500 + vat Early Bird Fee: Php4,000 + vat [until Nov. 25] Outline Year-end Compliance Reminders on Compensation Withholding taxes of employees: Annualization Preparing for December withholding tax return (1601C) and yearly information return of income taxes withheld on compensation (1604CF) Status of taxpayers: Rule on Updating Finalizing the annual alphalist of employees Issuance of BIR Form 2316 Compliance requirements Registration of books of accounts Finalizing the inventory list Business registration renewal with BIR and LGU Drafting the list of regular suppliers (for Top 20,000 corporations) Year-end Tax Compliance Reminders for the Preparation of Income Tax Returns of Corporations Regular income tax for corporations Taxable and exempt income Income subsumed under special rates Ordinary and necessary expenses and other allowable deductions Compliant documentation of deductible expenses Optional Standard Deduction Special deductions Insurance companies Mutual insurance companies Mutual marine insurance companies Assessment insurance companies Deferred tax disclosures Minimum Corporate Income Tax (MCIT): Computation and Nuances of Application Improperly Accumulated Earnings Tax (IAET) On Creditable Withholding Taxes: Requirements, Alternatives, Timing Preparation of Income Tax Return Most Recent Tax Developments Relevant to Year-end Tax Filing Income tax Value added tax Withholding taxes Local taxes Administrative compliance ----------------------------------------- RESERVE A SEAT BEFORE NOVEMBER 25, 2014 Tel: 935-5083 I 847-1781 SMS: 0928.958.6520 I 0933.487.3144 Look for Burt or Charles for bookings & request of detailed outline. Indu Inferentia Management Consultancy CPE Provider Number 2012-077
Posted on: Wed, 19 Nov 2014 04:45:16 +0000