Expanded Withholding Tax and Final Withholding Tax (Webinar)

Expanded Withholding Tax and Final Withholding Tax

About the Webinar

Overview

This session will allow attendees to have an excellent grasp and understanding of the withholding tax rules and their legal basis in the Philippines. The discussion will include who are the withholding agents, transactions that are either subject or not to expanded or final withholding tax, the filing process and many more. This will help business owners, accountants, agents and/or bookkeepers to properly implement processes with consideration of their withholding tax implications and avoid or minimize withholding tax risks or assessments from the BIR.

Objective

● To have a clear understanding of withholding tax rules
● To learn the legal basis of withholding tax systems
● To identify which transactions are subject or not to withholding tax
● To be aware of common withholding tax issues and avoid them moving forward
● To be able to improve or review current processes in consideration of withholding tax implications

Who Should Participate

● Business owners of MSMEs or large corporations
● Finance / accounting associates, supervisors, or managers
● Accounting and tax professionals
● Individuals filing their own tax returns

Key Topics

A. Introduction to EWT

B. Withholding Tax System in the Philippines
1. Creditable Withholding System
2. Final Withholding System

C. Coverage of Expanded Withholding Tax

D. Who Are Required to Withhold Taxes

E. Common Transactions Subject to EWT

F. Transactions Not Subject to EWT

G. Withholding on Brokers and Agents

H. Sample Withholding Computation (Gross or Net)

I. EWT Filing Process

J. Certificate of Creditable Withholding Tax

K. General Principles of Final Withholding Tax

L. Foreign Corporations (Resident or Non-Resident)

M. Tax Treaty Reliefs

N. Transactions Subject to FWT

O. Common Issues in FWT

P. FWT Filing Process

Schedule: Click to view BusinessCoach Seminar Schedule »

Duration

6 hours (via ZOOM)

Requirements

• Mobile phone, tablet, computer or laptop
• Download free ZOOM app
• Internet connection
• Good audio connection

Registration Details

Webinar Fee

Php 3,500.00 per participant (inclusive of e-Handouts and e-Certificate) to be paid at least 3 banking days before the event

Reservation

Please call to register, or you may download our registration form. Kindly fill-out and send to us through fax (8727.88.60) or email. You will receive a confirmation within 48 hours.

Mode of Payment

Deposit/Transfer cash payment to Banco de Oro:

• Savings Account Name: BUSINESSCOACH, INC.
• Savings Account Number: 00235-003-71-22

Kindly email deposit slip or screen capture of payment details (indicate name of participant and seminar title) to confirm reservation.

Note

Schedule may change without prior notice. Please call to confirm. BusinessCoach, Inc. is not liable for any expense incurred by seminar registrant resulting from cancellation of any of its events.

Contact Details

Contact Numbers

Please call (632) 8727.88.60, (632) 8727.56.28, (632) 8569.78.84 or (632) 8569.46.90 or call/text mobile numbers 0915.205.0133 / 0908.342.3162 / 0926.622.0768 / 0933.584.7266

Inquiries

For other inquiries, you may also leave a message in our contact form »a