Part 1 of is intended to enlighten and help the CPAs as well as tax agents of different organizations in ensuring that they properly subject to VAT those transactions that are required to be considered for output VAT and/or input VAT. This session aims to refresh and remind the accountants of various companies on the various applicable BIR resolutions related to VAT especially with the changes that were effective as part of the TRAIN law. This session is also an opportunity to hear from the regulators themselves on the specific guidance on various VAT-related queries and concerns.

Part 2 is intended to enlighten and help the participants of the recent issuances related to VAT zero-rated transactions, as well as franchise tax. This session aims to refresh and remind the accountants of various companies on the implementing guidelines on the amendments to the VAT zero-rating (in relation to TRAIN law and 2022 issuances) and to remind them on the filing and payments of franchise tax. This session is also an opportunity to hear from the regulators themselves on the specific guidance on various VAT zero rated transactions and franchise tax-related queries and concerns.