COMMON ERRORS OF ACCOUNTANTS IN THE FIELD OF TAXATION

COMMON ERRORS OF ACCOUNTANTS IN THE FIELD OF TAXATION

 

I.        Revised Schedule Of Compromise Penalty

 

II.       Violation In Bookkeeping Rules And Regulations

 

III.      Registration Requirements

 

IV.      Keeping Of Books Of Accounts

 

V.       Preservation Of Books Of Accounts And Other Accounting Records

 

VI.      Printing Of Receipts Or Commercial Or Sales Invoices

 

VII.      Machine Control Specifications Features

 

                A. For Cash Register Machines

                 B. For Pos Machines:

 

VIII.     Reporting Of Monthly Sales

 

IX.       Deductible Expense

 

X.        Itemized Deduction

 

XI.       Expenses In General

 

XII.      Minimum Corporate Income Tax

 

                A. Minimum Corporate Income Tax On 

                     Domestic Corporations

 

                          (1) Imposition Of Tax

                          (2) Carry Forward Of Excess Minimum Tax

 

                B. Minimum Corporate Income Tax (MCIT) On Resident Foreign 

                     Corporation

 

XIV.    Withholding Tax Violations

 

XV.     Duties & Obligation Of A Withholding Agent

 

XVI.    Value Added Tax Violations

 

XVII.   Requirements On Input Tax

 

XVIII.  Invoicing Requirements

 

+PLUS LATEST TAX UPDATES

Ruperto Pacis Somera

Ph.D, DBA, CPA

 

Tax Consultant, Professor/Lecturer

Former Member of the Board of Accountancy

Former Director, Bureau of Internal Revenue

Fellow TAX Management

Fellow TAX Research

For More Details / Inquiry / Reservation, Please call us

Mimi San Pedro

 

Tele Fax: 470-1273

 or Call/Text: 0927-8263175

Email: mimi@powermaxph.com

or mimi.powermax@gmail.com

                        Date       :    March 31, 2017

 

                        Time      :    9:00am - 5:00pm

 

                        Venue    :    RCBC Plaza Makati