Are you tired of feeling overwhelmed by internal revenue taxation?
Our masterclass provides a comprehensive understanding
of the tax system, covering registration, bookkeeping,
reporting, and compliance.

You’ll learn about registration requirements,
bookkeeping principles, VAT and income tax reporting,
withholding taxes, deductions and exemptions,
and corporate taxation. Gain confidence in navigating
the complexities of internal revenue taxation
and making informed decisions about your business’s tax strategy.

Join our masterclass and stay ahead of the curve in taxation!

 

Comprehensive Internal Revenue Taxation

July 30, 2024
2:00pm – 5:00pm

 

ONLINE MASTERCLASS VIA

 

This 3-hour masterclass will take you on a comprehensive journey through the world of internal revenue taxation in the Philippines. From registration and bookkeeping to reporting and compliance, we’ll cover all the essential topics you need to know. You’ll learn about tax laws and regulations, including VAT, income tax, and withholding taxes. Our expert instructors will provide practical examples and case studies to help you apply what you’ve learned to your own business or organization.

 

• Understand the basics of internal revenue taxation in the Philippines
• Learn about registration requirements for taxpayers
• Master the principles of bookkeeping and record-keeping
• Understand reporting requirements for VAT, income tax, and withholding taxes
• Gain knowledge of deductions and exemptions under the Tax Code
• Learn how to apply tax relief applications
• Understand the importance of compliance with tax laws and regulations
• Gain knowledge of corporate taxation principles and minimum corporate income tax

 

• A comprehensive understanding of internal revenue taxation in the Philippines
• Knowledge of registration requirements for taxpayers
• Practical skills in bookkeeping and record-keeping
• Understanding of reporting requirements for VAT, income tax, and withholding taxes
• Familiarity with deductions and exemptions under the Tax Code
• Ability to apply tax remedies and relief applications
• Knowledge of corporate taxation principles
• Understanding of minimum corporate income tax rates and computation

 

Module 1: Introduction to Internal Revenue Taxation

• Overview of the Philippine tax system
• Importance of internal revenue taxation
• Brief overview of key concepts and principles

Module 2: Registration of Taxpayer & Bookkeeping Requirements

• Types of taxpayers
• Registration requirements
• Filing requirements
• Principles of bookkeeping: accounts payable, accounts receivable, general ledger

Module 3: Preservation of Books of Accounts & Other Accounting Records

• Requirements for preserving books of accounts and records
• Time limits for preserving records
• Record-keeping best practices

Module 4: Period of Limitation Upon Assessment & Collection

• Time limits for assessment and collection
• Exceptions to period of limitation

Module 5: VAT Sales Invoice & Official Receipts & Non-VAT Sales Invoices & Official Receipts

• Requirements for VAT sales invoices and official receipts
• Formats and templates
• Requirements for non-VAT sales invoices and official receipts
• Formats and templates

Module 6: Authority To Print (ATP) & Manner of Printing of Receipts/Invoices & Reporting of Monthly Sales

• Requirements for ATP
• Manner of printing receipts/invoices
• Requirements for reporting monthly sales
• Formats and templates

Module 7: General Principles of Philippine Income Taxation & Classification of Taxpayers

• Overview of income tax laws and regulations
• Taxpayers’ obligations under income tax laws
• Classification of taxpayers: individuals, corporations, partnerships

Module 8: Corporate Taxation & Minimum Corporate Income Tax

• Corporate taxation: income determination, computation, payment
• Minimum corporate income tax: rates, computation, payment

 

Atty. Arnold A. Apdua, CPA
Former B.I.R. Insider
Managing Partner of AAA and Co.

Click here for his profile.

 

ONLINE MASTERCLASS

EARLY ACCESS PROMO
Jumpstart Special – Php. 1,199 + VAT per pax
(paid on or before July 15)

Early Bird Rate – Php. 1,399 + VAT per pax
(paid on or before July 23)

GROUP PROMO
Group Rate – Php. 1,299 + VAT per pax
(for 5 – 14 pax)

Super Group Rate – Php. 1,099 + VAT per pax
(for 15 or more pax)

SPECIAL PROMO
Birthday Promo – Free Seat if you register within birthday month
with at least 2 paid pax @ Php. 1,699 + VAT per pax
(Must present proof of date of birth)

Join Now Pay Later Promo – Php1,899 + VAT per pax
(Pay after 30 days from the date of the masterclass)

Student Rate – Php. 850 + VAT per pax
(Must present a valid High School or College student ID)

REGULAR RATE
Php. 1,699 + VAT per pax
(starting July 24)

 

Inclusive of the Masterclass Session, the presentation materials and the Digital Certificate.

 

Looking for customized in-house training in HR, Labor Law, Taxation, Accounting, Supply Chain Management, Soft Skills, or similar areas?

Click here for more information.

 

 

 

IMPORTANT REMINDERS

REGISTRATION.
You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

 

CHECK OUT.
When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

 

BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS.
On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

 

PAYMENT
POWERMAX provides three (3) payment options:
(1) Bank Deposit/Online Bank Transfer
(2) G-Cash
(3) PayPal/Credit or Debit Card Through PayPal 

 

Bank Deposit or Online Bank Transfer / G-Cash
If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

 

IMPORTANT:
Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

 

Payment Through PayPal
If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

 

Masterclass access links.
Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead. 

 

Terms and Conditions.
By registering you agree to our Terms and Conditions and acknowledge our Privacy Policy.

 

Thank you and enjoy!

Keep safe and God Bless!