Top secrets of handling bir audit seminar

[PMXGroup]

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TOP SECRETS OF HANDLING BIR AUDIT

October 19, 2012 . 8:30am – 5:30pm
Hotel Elizabeth, Cebu City
__________________________________________________ _____________________

Sure-fire ways to save money without compromising your integrity
(Including Letter of Authority Tax Verification Notice and Subpoena Duces Tecum)

COURSE OUTLINE

A. POWERS OF CIR and BIR
1. Power to examine books and records of taxpayers

2. Power to issue subpoena duces tecum
3. Power to issue deficiency tax assessments and to collect assessed taxes

B. DUTIES OF TAXPAYERS
1. To register with the proper BIR office as a person and the taxes to which he/it is liable;
2. To register the books of accounts and accounting records;
3. To issue registered invoices and receipts;
4. To file returns and pay taxes.

C. BIR AUDIT OFFICES
1. National Office

a. Large Taxpayers Audit Division (Regular and Excise)
b. National Investigation Division

2. Regional Office

a. Revenue District Office/Large Taxpayers District Office
b. Special Investigation Division
c. Office Audit Section, Assessment Division

D. SELECTION OF TAXPAYERS FOR AUDIT

1. Selection Criteria for 2010, 2009, and 2008

E. BOOKS OF ACCOUNTS

1. Computerized, loose leafs, or manual
a. Reports to BIR at year-end
2. Books of accounts for income tax
a. Head Office and Branch(es)
b. Contractors
c. Professionals
3. Books of accounts for VAT
a. Subsidiary Sales Journal
b. Subsidiary Purchases Journal

F. ACCOUNTING RECORDS

1. Authority To Print (HO and branches)
2. Sales invoices (VAT and NV)
a. Mixed invoices
b. CRM/POS invoices
c. Delivery Receipts
3. Official receipts (VAT and NV)
a. Mixed receipts
b. Provisional receipts
c. Statement of Accounts/Billing Invoices
4. Bank records (R.A. 1405)

G. TAX RETURNS AND DECLARATIONS

1. Income tax
Withholding tax
2. Transfer taxes
3. VAT
4. OPT
5. Excise taxes
6. DST

H. ATTACHMENTS TO RETURNS AND OTHER RECORDS

1. Audited Financial Statements and Auditor’s adjusting entries
2. SLS/SLP
3. SAWT/MAP (BIR Forms 2307 and Secondary Evidence)
4. Alpha List of Compensation Payments
5. Summary List of Importations
6. Inventory List
7. List of Lease Contracts
8. Sworn Statements on Certain Income Payments
9. Letter designating corporation as LT or Top 20,000 Corporation

I. AUDIT NOTICES

1. LA
2. TVN
3. LN

J. CONDUCT OF TAX AUDIT AND REPORTING REQUIREMENTS

1. Types of tax audit
a. Regular audit (civil liability)
b. RATE audit (criminal action)
c. Conglomerate audit
d. Special audit (Task Force, special team, etc)

K. ASSESSMENT OF DEFICIENCY TAXES

1. Income tax and withholding taxes
2. VAT
3. OPT
4. Excise taxes
5. DST

RESOURCE SPEAKER

ATTY. VICTORINO MAMALATEO

-LL.M (Harvard), LL.B. (MLQU), MBA (UE), BBA-CPA (UM)
-Author, Philippine Income Tax Reviewer on Taxation
-Co-Author, The Value Added Tax In The Philippines
-Pre-Week Bar Reviewer, Ateneo de Manila University (1995)
-Professor of Law, University of the Philippines (1989-present)
-CREBA, De La Salle University-Saint Benilde (2002-2004)
-Senior Tax Consultant (2001 to date); Managing Head Tax Division (1994-2001); Punongbayan and Araullo, CPAs
-Assistant Commissioner (Assessment) : Bureau of Internal Revenue

===============================================
Please call us for reservation / inquiry
Tel. 238 - 3335
Look for Mr. Brad Geltura
Or text / call 0915.529.7780 or 09322363262
bradgeltura@yahoo.com

[rans23]

top secret gyud? pa pm ko sa registration. thanks

[Code Talker]

nindot ni na seminar. I've read Atty.Mamalateo's book in Taxation.

[PMXGroup]

top secret gyud? pa pm ko sa registration. thanks

PM me your email addresses for me to send you the invitation and as well as the registration form.

[PMXGroup]

nindot ni na seminar. I've read Atty.Mamalateo's book in Taxation.

Nindot jud ni xa brod. Panagsaon ra kaau. We have been conducting this seminar back in Manila for years and its gonna be the first one here in Cebu. We hope to see you there bro.

[PMXGroup]

Up up up for this!

[jack_bauer]

^ sa mga commoners sama nko bro, unsa may benefits nako makuha ani?

[PMXGroup]

^ sa mga commoners sama nko bro, unsa may benefits nako makuha ani?

Good point there bro. I would say as a regular tax payer it is important to know how my money is being audited and if I am being taxed the right way with the right amount. But the seminar is more on the technical side that's why most of our clients/participants are from small/medium/large companies and organizations. But of course it is open to everyone not just to business owners. We have students who are attending as well. This would be very beneficial esp with the speaker(ATTY. VICTORINO MAMALATEO) being an expert when it comes to taxes.

[PMXGroup]

Up up for today!

[PMXGroup]

Up up up guys!