Webinar Session 2: Basic Taxation Simplified


Learn how taxes greatly affect business success, how to save on taxes by faithful compliance, and comply by easily developing wide knowledge of various technical tax rules. Equip yourself with sufficient working knowledge of taxation as applied in business setting.

Learning Points:

Learning business tax types [VAT & Other Percentage taxes (OPT)]

  • Concept of business taxes
    • When VAT, when OPT?
    • Tax benefits on initial registration (VAT vs. OPT)
    • VATable transactions, in general
    • VAT Zero-rated transactions & treatments
    • VAT application on sales to government
    • Common VAT-exempt transactions
    • OPT transactions by nature
    • Illustrative computations
    • Pricing implications of VAT

Learning Common documentary stamp tax (DST) applications and computations

Learning Basic income taxation (individual & corporate)

  • What income is taxable and what income tax type is applicable?
  • Basic Individual income tax
  • Basic Corporate income tax
  • Allowable deductions
  • Income tax benefits & exempt entities (e.g. BMBE)
  • Illustrations on Income Tax Returns (ITR) Preparations

Question and answer on the later part of the webinar would allow you to seek clarifications on the above items.

Schedule and Duration:

Webinar runs from 9:00 AM to 12:00 NN

Package:

Webinar investment is PhP 1,680.00 (VAT inclusive), inclusive of Webinar Certificate that you could process with PRC BOA for CPD credit units under self-directed learning.

Applicable CPE Credit:

Once applied under self-directed, this webinar will provide 2 CPE credits.

Registration:

Be part of the learning community by reserving your slot here. Please note that we can only hold your slot within 48 hours.

Resource Person:

Resource speakers are Certified Public Accountants with good experience in Public Practice as  Tax Practitioners.

 

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