Withholding Taxes, Subjects & Application


The obligation imposed above is so simple, but most entrepreneurs could not apply very well. BIR assessment is a simple comparison of amounts in the financial statements and in the tax returns filed. As a result, they are being assessed not only for the amount that should have been withheld, but also for income tax deficiencies due to disallowed expenses, and PENALTIES for both non-withholding and income tax deficiencies. Take this opportunity to learn how the  withholding tax obligation be complied with, the risks for non-compliance, and the related BIR forms that you should prepare and file.

Learning points:

  • Learn the nature and purpose of withholding taxes (expanded & final withholding taxes);
  • Learn your obligations as withholding agent, when applicable and the risks for non-compliance;
  • Learn what income payments are subject to withholding taxes and the corresponding rates (e.g.,
  • Learn the requirements and implications of top 20,000 corporations, payments to non-resident entities, and transactions with the government;
  • Learn accounting treatment and entries of withholding taxes;
  • Learn how to prepare and file related BIR Forms and reports – monthly, quarterly, and annually.
  • Learn how BIR makes an assessment on withholding taxes.

Schedule: Seminar workshop runs from 9:00 a.m.-5:00 p.m at Unit 2309 Cityland Herrera Tower, V.A. Rufino St., cor. Ayala Avenue Makati City. We can also arrange for special group of at least five (5) participants at their own venue.

Package: P3,000 plus VAT per participant – Handouts/Notes and pencils/BIR Forms/Comprehensive illustrations/ Seminar-Workshop Certificate/ Lunch and snacks – a.m./p.m.. Please bring calculator.

Advocate Tutor: Certified public Accountant (CPA) who has gained much professional experience being in the practice of profession for almost 15 years formerly being with the Tax Division of a law office based in Makati for more than six (6) years as Assistant Tax Manager, and being with a firm as Tax Partner; being with the academe for sometime as a full time College Instructor at Asian Development Foundation College, Tacloban City for 3 years handling taxation and accounting subjects, part-time professor in the College of Accountancy – Polytechnic University of The Philippines, Taguig for about four (4) years handling basic accounting & taxation subjects, as basic accounting teacher at Mapua Institute of Technology – Makati Campus for about 2 years, and a lecturer at some universities in Metro Manila on taxation; and a frequent resource speaker on seminars related to accounting and taxation.

Reservation: At least P1,000 reservation fee to be deposited to BDO Savings Account (Please contact us for account details) & balance on seminar day.

Who should attends?
Highly recommended for Small & medium business owners, new entrepreneurs, accounting graduates, & interested others.
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