1. Extent of vatability & exemption of agricultural products, payments for services rendered abroad, dividends, and related-party interest, PAGCOR importation, VAT-exemption claim of publishing company & HMO provider, and amounts earmarked for third-party
2. What’s new on VAT zero-rating and VAT exemption for renewable energies & parties dealing with them, insurance policies issued to Investment Promotion Agencies and their respective locators, and recent policy directives of the BIR aligned with CREATE MORE
3. BIR grounds of inurement prohibition disqualifying schools from their claim of tax exemption
4. CGT liability as a result of distribution of properties to common-law children as a result of nullity of marriage & what’s new on CGT and Donor’s Tax imposition on Deed of Assignment, sale, or other disposition of real property, and CARP Law disturbance compensation?
5. BIR taxing government agencies: parameters & limitations amplified
6. BIR focus on excess earnings: Areas to consider to avoid exposure
7. EWT & VAT exposure for assignment of rights under a Contract to Sell vis-à-vis installment & on-the-spot sale of real property
8. VAT liability on property dividends and amount received as a result of termination of contract
B. 2025 BIR RR, RMC, RMO, RTAO
1. Trends and amendments on employee benefits; What’s new on de minimis benefits?
2. How the IRR on VAT on Digital Services affect those transacting with local and overseas online platforms?
3. What’s new on BIR audit priorities and programs for this year? An attempt to navigate what’s inside the BIR to align expectations, assessing the impact of recent Revenue Travel Assignment Order on your pending/ongoing BIR assessment, revisions of office audit threshold, tagging of Cannot-Be-Located (CBL) enlisting & delisting, and recent CTA and Supreme Court decisions on BIR assessments
4. A look at the recent policy changes on CWT and VAT refund incorporating the impact of 2024 EOPT Law and the new law granting VAT refund for Non-Resident Foreign Tourists.
5. BIR issuing last minute Alphalist Data Entry and Validation Module, work-around procedures & amendments to make
6. Validating your yearly submission of Annual Books of Accounts & the recent BIR extensions
7. Assessing the impact of recently issued regulations of CREATE MORE affecting ecozones and persons/entities dealing with them; A deep dive on the comparatives of CREATE and CREATE MORE
8. Evaluating the tax impact of recent BIR amendments and clarifications on taxation and accounting of leases, foreign exchange, retirement benefits, and interest expenses to align with the provisions of EOPT law
9. An in-depth analysis of the recent BIR policy directions on Certificates of Exemption affecting schools, cooperatives, power sector, and other non-stock non-profit organizations.
