The new income tax rules and other tax updates

Implementing the new income tax rules and other 2008 tax updates

First Run:  (CLOSED)                                          

Date:     29 July 2008, Tuesday
Time:     8:00 am to 5:00 pm
Venue:   Ballroom of Renaissance Makati City Hotel

Second Run:                                                                               

Date:     5 August 2008, Tuesday
Time:     8:00 am to 5:00 pm
Venue:   Ballroom of Dusit Thani Hotel, Ayala Center, Makati City

Coverage:  Law, regulations, rulings and court decisions on the following:

1) Implementing the new income tax rules (RA 9504) and other income tax updates (Copies of the regulations, withholding tax tables and BIR forms will be provided in the handouts)

• Exemption of minimum wage earners
• Applying the new levels of personal exemption
• Computing the optional standard deduction (OSD) for individuals and corporations
• Transition rules 
• Tax-exempt benefits and allowances

2) Tax treatment of industries/ transactions

• Corporate directors
• Sale of shares of stock classified as capital assets
• IPO and Stock transaction tax;  Capital gains tax;  Documentary stamp tax
• Rules on tax-free exchanges of properties for shares
• Common carriers by air and sea;  Insurance companies (depending on the profile of the participants)

3) BIR audit and collection enforcement activities

• Handling audit notices based on industry benchmarks
• Development of RATE cases
• Tax exposures from BIR-LGU cooperations

4) Other updates

• Donee accreditation 
• Post-tax amnesty rulings and court decisions
• Rulings and court decisions on securing tax refunds and  protesting assessments
• VAT, GRT, DST
• Withholding taxes
• Regulations on BIR registration, registration updates and cancellation (draft)

Registration:

Please download the registration form from  this site.  The registration fee is:

• P9,000.00  plus 12% VAT – includes handouts, snacks and lunch
• 5% discount if paid by July 23, 2008

Resource Persons:

• P&A Tax partners
• BIR resource persons

Participants:

This  tax seminar  is recommend ed  for tax  compliance officers,  tax accountants, controllers, and  legal officers who  handle their  companies’  tax compliance requirements.

Contact Information:

Marg e Antonio    
T  + 63 2 886-5511 loc. 519     
E  Margare t.Antonio@pna.ph   

Senen Quizon
T  +63 2 887-9451
E  Senen.Quizon @pna.ph

Lina Figueroa 
T  +63 2 887-9458
E  Lina.Figueroa@pna.ph