Tax updates, remedies for the new year

With the clamor of many businesses and tax practitioners to keep themselves updated and compliant with the numerous changes on tax policies reflected in 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, the Center for Global Best Practices will be holding a one- day CPEaccredited seminar titled, “New Year Tax Updates and Remedies” on Jan. 20, 2017 at EDSA Shangri- La Hotel, Mandaluyong City.

Start the year right with this comprehensive program to provide updates on very relevant 2016 BIR issuances up to January 2017. This will discuss the clear guidance on the impact of business transactions and the solutionsoriented approaches and remedies available to taxpayers in order to legally reduce one’s tax liabilities which is essential in maximizing the benefits granted bylaw(e.g. the new IRR on the Tourism Infrastructure and Enterprize Zones), ensuring compliance ( monthly, quarterly and annual), and minimizing and avoiding unnecessary tax exposures, assessments and penalties from the taxing authority.

Gain valuable insights, advices and best practices tips and pointers from Atty. Nicasio Cabaneiro, an authority in the practice of taxation and commercial law with 40 years of teaching experience and 25 years with the Bank of the Philippine Islands, capping his career as its vicepresident and head of the Legal Services Division (1982 to 2007). He is a sought-after lecturer and consultant of various institutions across many industries as well as high net worth individuals to help them with their tax and other legal matters. In his law practice, he always keep himself updated with tax matters being a bar reviewer on taxation for over 40 years teaching law at San Beda Law School.

He finished his accounting degree ( magna cum laude) and his law degree ( cum laude) at the San Beda College of Law.

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.