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Event Details

Accounting is the art of communicating the internal and external business transactions of an organization. Meanwhile, taxation is the lifeblood of any sovereign country; taxes are levied to its citizens and resident alien to defray itself of expenses and to protect and uphold the country sovereignty. While both fields have always been disconnected with each other; both play an important role in a countrys' economy, and thus the importance of "Bridging the gap".


In addition, the new Tax Reform Acceleration and Inclusion (TRAIN) of the Duterte Government provides new relief and issues for Tax Payers that economic and finance professionals like accountants need to be updated with.


Aug 26, 2019

8:00 AM - 5:30 PMGMT+8

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National Office, PICPA Building
700 Shaw Boulevard
Mandaluyong, Metro Manila, Philippines
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Agenda

  • 8:00 AM - 10:00 AMSESSION I
    Discussion and overview on the PFRS and Updates and it’s intended use
    10:00 AM - 11:00 AMSESSION II
    Discussion and overview on the current Tax Code of the Philippines and updates that have an impact on the financial reporting of the Company.
    11:00 AM - 12:00 PMSESSION III
    Discussion of difference between the Accounting Standards and Tax Code of the Philippines and how to reconcile them.
    12:00 PM - 1:00 PMLUNCH BREAK
    1:00 PM - 2:00 PMSESSION IV
    Discussion of difference between the Accounting Standards and Tax Code of the Philippines and how to reconcile them.
    2:00 PM - 3:00 PMSESSION V
    Overview of the TRAIN by the Duterte Administration
    3:00 PM - 5:30 PMSESSION VI
    Discussion of the Tax Reform Program updates and the necessary steps for it to be complied and the impending IRR of the BIR

    • Comparizon of the Old Employees Withholding Tax against the new Table;

    • Application of the new Table with calculation of estimated payout and savings

    • New estate taxation and it’s salient features

    • New donor’s tax and it’s salient features

    • New taxes for self-employed and professionals

    • New excise taxes on Beverages(sweetened) and exemptions to this

    • New excise taxes on vehicles to be imported and those exempted to this

    • New Documentary tax rates

    • Excise taxes on Oil, Mineral, and other related items

    • VAT exemption for Enterprises incorporates under with Speacial Law

    • Administrative Rules and Implementation of the BIR

Speakers

  • MN

    Marco L. Ng

Tickets

Seminar Fee

Registration Fee for Members in Good Standing
Amount is inclusive of VAT

Primary Member Price ₱1,680
Seminar Fee

Registration Fee for Members NOT in Good Standing and Non-Members
Amount is inclusive of VAT

₱2,240
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