Optimize tax savings the right way
Be a smart taxpayer. Learn the trade secrets and tax-saving strategies for business and individuals with the Center for Global Best Practices’ special seminar entitled, “Optimizing Tax Savings and Deductions – The Legal Way!” on Sept. 14 at Marriott Hotel, Cebu City. For complete details and a list of upcoming best practices seminars, check www.cgbp.org or call the CGBP in Manila (02) 5568968/69, Cebu (032) 512-3106/ 07 or Baguio (074) 4235148.
Unknown to many, there are various tax avoidance schemes available under the law that would allow taxpayers to reduce tax liabilities without violating Tax Code provisions. This becomes particularly relevant with the renewed campaign of the BIR to collect more taxes by creating regional teams to improve the bureau’s collection in their respective areas. This is contained in the Aug. 7 BIR Revenue Memorandum Order 17 detailing the policies and procedures in monitoring the compliance of the top 500 taxpayers in revenue regions.
This comprehensive program will discuss the legally permissible means of avoiding taxes in all your transactions. The lecture will include updates, examples, new regulations in specific situations, tax minimization strategies, maximization of deductions, use of tax treaties, tools of estate planning, benefits under special tax laws, tax implications of selected IAS, tax credits and refunds, and remedies of taxpayers. All these will be discussed thoroughly to guide participants in executing their plans or solving their tax problems and issues effectively.
The seminar will feature expert tax practitioner, Atty. Nicasio Cabaneiro, CPA. He is the partner incharge of tax programs at CGBP. He is a recognized authority in the practice of taxation and commercial law with a track record and solid reputation of saving his clients across various industries billions in taxes. He is a soughtafter lecturer and tax consultant of high net-worth families, individuals and business organizations to help them with their tax and other legal matters. He has over 40 years of teaching experience and 25 years with Bank of Philippine Islands capping his career as its vice president and head of the legal services division. He finished his accounting degree (magna cum laude) and his law degree (cum laude) at the San Beda College of Law.
Those interested to attend may avail of early payment savings discount. This is a limited-seatsonly event and pre-registration is required.