Local Tax is the tax imposed by the local government unit to businesses and real properties. Being aware of the different local taxes would enable the accountant to advise their clients who are taxpayers to be compliant with the various tax statutes involved.
This seminar will enable participants to understand the basics on local business taxes, its situs and allocation rules, deadlines, penalties and surcharges. In addition, this training will also include the reportorial requirements related to RPT, from declaration real properties to remittance of the tax due to the LGU.
By the end of the training, the participants are expected to demonstrate knowledge of the the different types of local taxes assessed by the LGU to businesses, as well as owners of properties.
The seminar will also help the participants address the possible issues involved in complying with local rules, how to face tax mapping and inspection, and reportorial requirements of LGU.