New year tax updates, remedies

With the passage of Tax Reform for Acceleration and Inclusion (TRAIN) and the clamor of many businesses and tax practitioners to keep themselves updated and compliant with the numerous changes on tax policies of the Duterte government, the Center for Global Best Practices will hold a one-day seminar titled, “New Year Tax Updates and Remedies” on Jan. 26 at the Marriott Hotel, Pasay City.

The seminar will provide participants with updates on new tax laws, relevant 2017 BIR issuances up to January 2018. The seminar will discuss the clear guidance on the impact of business transactions and the solutions-oriented approaches and remedies available to taxpayers to legally reduce one’s tax liabilities which is essential in maximizing the benefits granted by law, ensuring compliance (monthly, quarterly, and annual), and minimizing and avoiding unnecessary tax exposures, assessments and penalties from the taxing authority.

The seminar will also feature the latest BIR regulations, memorandum circulars, and rulings together with the relevant decisions of the Court of Tax Appeals and the Supreme Court involving the national internal revenue taxes and local taxes.

Gain valuable insights, advices, and best practices tips and pointers from lawyer Nicasio Cabaneiro, who is an authority in the practice of taxation and commercial law with 40 years of teaching experience and 25 years with the Bank of Philippine Islands.

For details and all other seminars, check www.cgbp.org or call Manila lines at (02) 842-7148/ 59; 556-8968/ 69; Cebu lines at (032) 512-3106 to 07 and Baguio at (074) 423-5148.