I. Types of Audit and Assessments
a. Audit and Investigation Procedures
b. Third Party Info Matching
c. Post Audit Review
d. Benchmarking Notice
II. Service and Audit Notices to Examine Books and Records Audit Jurisdiction
a. Letter of Authority (LA)
b. Tax Verification Notice (TVN)
c. Letter Notice (LN)
III. Priority Target in Taxpayers Audit
IV. Amendment of Return
V. Fraudulent Return
VI. Remedies Relative to Preliminary Assessment Notice
VII. Formal Letter of Demand and Assessment Notice
VIII. Assessment of Income Tax
IX. Authority to Make Assessments
X. Assessment is not Required for Tax Evasion Cases
XI. Remedies Available to the Taxpayer Under the Tax Code in Connection with the Collection of Taxes
a. Administrative Remedies
b. Judicial Remedies
XII. Remedies Available to the Government
a. Distraint of Personal Property
b. Levy of Real Property
c. Enforcement of Forfeiture of Property
d. Enforcement of Tax Lien
e. Entering Into Compromise of Tax Cases
f. Requiring the Filing of Bonds
g. Requiring Proof of Filing Income Tax Returns
h. Giving of Rewards to Informers
i. Imposition of Surcharge and Interest
XIII. Guidelines as to Finality of Assessments
XIV. Remedies For The Collection Of Delinquent Taxes
XV. Authority of the Commissioner to Compromise, Abate and Refund or Credit Taxes
XVI. Minimum Compromise Settlement
a. Compromise Settlement – Coverage
b. Compromise Settlement – Doubtful Validity
c. Compromise Settlement Financial Incapacity
d. Compromise Settlement Exclusion
XVII. Power of the Commissioner to Make Assessments
XVIII. Power of the Commissioner to Suspend The Business Operations of A Taxpayer
SPEAKER – Atty. Arnold Apdua, CPA Managing Partner of AAA and Co., CPAs and Former BIR Revenue Officer
-Fifteen (15) years of meaningful experience in tax practice
-Seven (7) years as Revenue Officer of the Bureau of Internal Revenue (BIR) and eight (8) years as individual practitioner.
-Tax lawyer of Quasha Ancheta PeÃ±a Nolasco Law Office.
-Managing Partner of AAA and Co., CPAs
-Professional career as an associate auditor of Sycip Gorres Velayo and Co. (SGV & Co.) in 2004
-BIR as Revenue Officer where he performed tax audit and investigations including regular and special tax investigations
-BIR Special Task Force such as drafting the BIR Industry Audit Manual and tax compliance audit of government agencies.
-Several commendations from the BIR including consistent Top Revenue Collector in BIR Mandaluyong from 2009 to 2011
-Noted expertise in handling transactional taxes
Limited slots are available. Hurry! Join us now.
- Early Bird Rate: 1,399 +VAT (Until July 1)
- Regular Rate: 1,499 +VAT (Starting July 2)
- Group Rate: 1,299 +VAT (5 Pax or More)
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