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             Early Bird Deadline          CGBP                                                                         
presents


FRIDAY, SEPTEMBER 10, 2021 * 1:30PM TO 5:00PM * via zoom logo

The Bureau of Internal Revenue (BIR) finally released on April 2021 a series of memorandum circulars containing the Implementing Rules and Regulations (IRRs) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law.

Eliminate any confusion on how to apply the benefits of this new law to your business with clear explanations on the proper interpretation of the compliance guidelines from the BIR on Corporate Income Tax, VAT, creditable withholding tax, performance-based enhanced deductions, incentives for relocation outside NCR, and many more!

Enroll in this three-hour webinar and learn what fiscal relief, tax reform incentives, and exemptions the government is giving to small, medium, large enterprises and how this will benefit your organization.

Course Director & Lecturer:

JOEL L. TAN-TORRES, CPA
was Commissioner of Internal Revenue from 2009 to 2010. He also served the government in various capacities in this agency and as chairman of the Board of Accountancy.

He was a partner in SGV and at Reyes Tacandong & Co. where he was in charge of tax services. Presently, he is the dean of the University of the Philippines’ Virata School of Business.

Joel has a degree in Business Administration and Accountancy from the University of the Philippines, where he graduated cum laude and ranked number 1 in the CPA licensure exam in 1979. He also took his MBA from this institution. He completed the International Tax Program and the Program on Information Technology for Fiscal Systems in Harvard University.
Who Should Attend:
     • Micro, small and medium
       enterprises (MSMEs)
     • Large corporations
     • Business Owners/ Entrepreneurs
     • Lawyers & CPAs
     • Treasurers & CFOs
     • Tax Practitioners
     • Tax Compliance Officers
     • Business Consultants

Limited Slots Only, Pre-Registration Required

*Training investment inclusive of an e-certificate and a printed learning material
  P 2,980 (when you register and pay
                on or before Aug 10)
  P 3,980 (when you register and pay
                after Aug 10)

*Optional: Add P450 for a printed copy of a certificate of attendance inclusive of delivery charge

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    Contact Person: Aiza R. Cuenca
    Telephone (+632) 8556-8968 or 69
    Email:      aiza.cgbp@yahoo.com
    Check:     www.cgbp.ph




COMPLIANCE AND INTERPRETATION OF THE
CREATE LAW AND ITS IRR


FRIDAY, SEPTEMBER 10, 2021 * 1:30PM TO 5:00PM * via zoom logo

COURSE OUTLINE

1. Corporate Income Tax (CIT) for small, medium, and large enterprises


2. Incentives for exporters and critical domestic enterprises


3. Incentives for domestic enterprises


4. Performance-based enhanced deductions
      a. Depreciation allowance for assets acquired for the production of goods and services
      b. 50% additional deduction on labor expense
      c. 100% additional deduction on research and development
      d. 100% additional deduction on training expense
      e. 50% additional deduction on domestic input expense
      f. 50% additional deduction on power expense
      g. Reinvestment allowance for manufacturing
      h. Enhanced NOLCO


5. Minimum corporate income tax


6. Taxes of non-profit hospitals and educational institutions


7. Taxes of small businesses exempt from VAT


8. Incentives for relocation outside of NCR


9. Incentives for locating in disaster/ conflict area


10. VAT exemption for certain medicines


11. VAT and duty-free importation of COVID-19 vaccines


12. VAT-free importation and sale of COVID-19 medicines and PPE components


13. VAT refunds


14. Creditable withholding tax


15. Tax for petroleum refiners


16. Pag-IBIG Fund corporate tax exemption



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*Training investment inclusive of an e-certificate and a printed learning material

      P 2,980 (when you register and pay on or before August 10)
      P 3,980 (when you register and pay after August 10)


*Optional: Add P450 for a printed copy of a certificate of attendance inclusive of delivery charge




CLICK HERE TO ENROLL NOW!
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Share |
Download: Flyer (.PDF 349kb)
                         Course Outline (.PDF 167kb)