Live Webinar: Input VAT Refund

In the concept of zero-rating under the Value Added Tax (VAT) rules in the Philippines, the zero-rated taxpayer does not impose 12% value added tax (output VAT) on its sales to its clients and customers but is being passed on 12% value added tax (input VAT) in the Philippines by its suppliers of goods and services. At the end of the month or quarter, the zero-rated taxpayer accumulates more zero-rated input VAT that is allowed for input VAT refund on zero-rating in the Philippines, though, more taxpayers would just keep them on records and carry-over the amount until dissolution, or just put them to waste by writing off on the books of accounts thereby waiving any benefit of being an asset.

In essence, the application for input VAT refund from zero-rated sales in the Philippines is an application for the recovery of the passed-on input VAT in Philippines from suppliers. This is both technical and document based application with the Bureau of Internal Revenue (BIR) and proper orientation and wide knowledge of the related process is a big factor for securing the timely approval of refund check or tax credit certificate from input VAT refund on zero-rated sales in the Philippines.
This seminar would help you with the knowledge necessary towards a successful application for tax refund or tax credit certificate from input VAT refund on zero-rated sales in the Philippines.
Learning points:
  • Learn the concept of tax refunds in the Philippines;
  • Learn the common items illegible for application for tax refund or tax credit certificate in the Philippines;
  • Learn the concept of value-added tax (VAT) zero-rating in the Philippines;
  • Learn the VAT zero-rated sales of goods and services in the Philippines along with the related technical and documentary requirements;
  • Learn the documentary requirements necessary in filing an application for VAT refund with the BIR on input VAT refund on zero-rated sales in the Philippines;
  • Learn the related processes in the application for VAT refund with the BIR on input VAT refund on zero-rated sales in the Philippines; and,
  • Learn some tips and pointers in successfully securing securing the timely approval of refund check or tax credit certificate from input VAT refund on zero-rated sales in the Philippines.
Schedule: November 14, 2024 (Thursday) at 1:30pm to 3:30pm
Investment Cost: P1,680 (Inclusive of VAT) per participant
Online Reservation: https://forms.gle/MSrGZrMN5UcgS9mN9
Platform: Clickmeeting
Advocate Tutor: Certified public Accountant (CPA) who has gained much professional experience being in the practice of profession for almost 20 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.
Who should attends?
Highly recommended for Small & medium business owners, new entrepreneurs, accounting graduates, & interested others.
View Other Seminars
Seminar Schedules
Oct 09 - Oct 10, 2024

Live Weninar: How to analyze Financial Statements Accounting for Correct Business Decision Making?
Oct 11, 2024

Onsite Training: Basic Bookkeeping for Non-Accountants
Oct 15, 2024

Live Webinar: SEC Dividend Declarations
Oct 16, 2024

Live Webinar: Returns and Reports Preparation under eBIR Forms and Online Submissions
Oct 29 - Oct 30, 2024

Live Webinar: Value Added Tax: In and Out
Nov 12, 2024

Onsite Seminar: BIR Examination: Their Procedures and Our Defenses
Nov 13, 2024

Live Webinar: Ease of Paying Taxes Highlights with CPD Credits
Nov 14, 2024

Live Webinar: Input VAT Refund
Nov 15, 2024

Onsite Training: Basic Income Taxation and ITR Preparation for Corporation Seminar
Nov 19 - Nov 20, 2024

Live Webinar on Ph Payroll Computations and Taxation
Contact Us
Please enable JavaScript in your browser to complete this form.
Updates

Revenue Memorandum Circular No. 113-2024

8 Features of Republic Act No. 12023 – VAT on Digital Services Law Philippines

Republic Act No. 12023 – VAT on Digital Services Philippines

7 Features of Staff Leasing in the Philippines

Revenue Memorandum Circular No. 109-2024
Contact Our Consultants
Check our Youtube Channel

Search our website:

Contact Us

Tax and Accounting Center,. Inc.
U1509 Cityland Hererra Tower I, 98 V. A. Rufino St. cor. Ayala Avenue, Brgy. BelAir, 1227 Makati City, Metro Manila

Phone :
(02) 5310-2239

Mobile :
Smart: 0939-916-2952
Globe: 0967-497-4989

Email : info(@)taxacctgcenter.ph

Government Links

Affiliate

G. Pagaspas Partners & Co. CPAs

Newsletter Sign Up

Get the latest updates and news direct to your mailbox!

© Tax and Accounting Center 2024. All Rights Reserved

error: Content is protected !!