The Philippine Tax Whiz goes back to Pampanga for a roundtable discussion with the Pampanga Medical Specialist Hospital. A continuation of the Nationwide Tax Roadshow, the tax expert discussed the tax reform, with a particular focus on the Tax Amnesty.
The Nationwide Tax Roadshow previously visited Pampanga but was mostly confined in San Fernando. After some demand, the roadshow was conducted throughout Pampanga, from Guagua to Porac.
The event was attended by several doctors along with the finance officer of the hospital. Most of the attendees were concerned about the amnesty, specifically the Estate Tax Amnesty.
Under the proposed bill, those availing the Estate Tax Amnesty would be subject to a 6% and could only be availed within two years from its passage. It would only cover deficiency taxes as of December 31, 2017.
The Founding President of the Asian Consulting Group also conducted Executive Tax Briefings and consultations throughout Pampanga. Through the consultations, he discussed BIR-related cases, specifically those related to harassment. He also noted several ways where the BIR audit can be invalidated.
Attendees of the consultations and the Executive Tax Briefings were also concerned about the validity of receipts in relation to the BIR audit.
One particular attendee’s concern was on taxes about real properties, cooperatives, and foundations.
As part of ACG’s initiative to promote tax education, the Philippine Tax Whiz promptly answered their questions.
For taxpayers that want to learn but cannot attend the Nationwide Tax Roadshows, ACG conducts regular tax seminars at the Philippines’ first Tax Hub.
On December 14, 2018, ACG will be conducting a free tax seminar on Year-End Compliance and the BIR Audit. There will also be an Exclusive Tax Coaching in the afternoon to provide an in-depth discussion with the attendees. Confirm your attendance now by signing up here.
For other questions and inquiries, you can reach us via [email protected] or (02) 622-7720.