Center for Global Best Practices

Joint Ventures (JVs) are increasingly becoming popular as a faster and easier approach towards implementing infrastructure, development and social service-related projects at the national and local government levels. To guide the private sector on how to JV with the government and vice versa, the Center for Global Best Practices will host its yearly training entitled, “ Business and Public Officials’ Guide on How to Joint Venture Effectively with the Government ” to be held Friday, October 12, 2018 at the Manila Marriott Hotel, Pasay City Philippines. To accelerate more economic growth through Public-Private Partnerships, the National Economic and Development Authority (NEDA) released the 2013 revised JV Guidelines applicable for government-owned and controlled corporations, government instrumentalities, government financial institutions, and state universities and colleges. For local government units (LGUs), they are governed by their own JV ordinances. The authori...

What do you do when the BIR sends you a notice of assessment for tax deficiency, padlocks your establishment, or when the BIR auctions your property for sale to enforce tax collection? How do you deal fairly and squarely with the tax authorities in such situations?  To arm you with the right knowledge to solve your tax issues, the Center for Global Best Practices will host a one-day training entitled, Tax Rights & Remedies for SMEs & Large Taxpayers scheduled on Friday, October 5, 2018 at the Manila Marriott Hotel, Pasay City, Philippines. This program is CPD-Accredited. This solutions-oriented program will teach you everything you need to know on how to handle BIR tax audits – from their different tax audit programs, to their basis of assessment and processes. Learn how to deal fairly and squarely with the tax authorities based on the latest tax rulings of the Supreme Court, and Court of Tax Appeals. This comprehensive training will show you the best practices a...

Experience has taught many erring public officials that ignorance of the updated procurement law cost them their jobs, perpetual disqualification from holding a government position, forfeiture of retirement pay, damages, jail time and irreparable negative reputation that is painful for them and their families.  This has also led to millions of lost business opportunities for the private-sector due to questionable process after investing huge amount of time, money and effort in winning a government project only to be invalidated afterwards. With the advocacy of educating the general public, the Center for Global Best Practices will have a rerun of its special program entitled, “ What You Must Know About the 2016 Procurement Law IRR ,” to be held Thursday and Friday, September 27 & 28, 2018 at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines. This learning event is accredited by DILG Local Government Academy. The biggest buyer and consumer of infrastructure, go...

   The Tax Reform Acceleration and Inclusion (TRAIN) Act took effect on January 1, 2018. This means NEW computation on compensation!   Many businesses and HR practitioners are not skilled and updated on how to maximize the tax savings and benefits that is allowed by government.  The confusion on how to properly compute for the salaries, wages, and benefits with the passage of 2018 TRAIN provisions, which impacts both individual and corporate taxpayers. To help the millions of taxpayers and thousands of business organization on this issue, the Center for Global Best Practices is launching a training for business owners, decision-makers and HR practitioners on the topic, " How to Structure and Compute Your Salaries, Wages & Benefits with the 2018 TRAIN Incentives for Taxpayers " scheduled on Friday, July 6, 2018 at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines. You can actually increase the take home pay of your workers by desig...

There are over 3,780+ large taxpayers and many are not compliant to the Bureau of Internal Revenue Regulation 9-2009 requiring large taxpayers to have a Computerized Accounting System (CAS). This becomes relevant also to the top 500 medium-sized provincial taxpayers in every revenue district which has the equivalent classification of a large taxpayer.  To help medium and large taxpayers regarding their compliance issues, the Center for Global Best Practices is launching a program entitled, “ BIR Computerized Accounting System Compliance for Medium and Large Taxpayers ” scheduled on Thursday, June 21, 2018 at the EDSA Shangri-La Hotel, Mandaluyong City, Philippines. With the BIR setting up a special task force called Computerized Systems Evaluation Team (CSET) to monitor large taxpayers, one can expect more enforcement from the tax authorities. The lecture will include discussions on the regulations and rulings, presentation of the challenges of getting BIR CAS accredita...

Tax optimization is no longer a matter just for the multinationals and large enterprises. A growing trend of smart SME taxpayers globally are now tailoring their strategies originally drawn up for the big players which are now adopted by smaller and medium sized business. While tax evasion is illegal, tax avoidance is not. There are a number of strategies that tax experts can devise for firms to structure their business operations to avoid taxes – called tax planning, tax avoidance or tax optimization . These strategies stay within the letters of the law. Unknown to many, there are various tax avoidance schemes available under the law that would allow taxpayers to reduce tax without violating Tax Code provisions.  To learn the secrets and tax-saving strategies utilized by these smart business organizations and individuals, the Center for Global Best Practices (CGBP) will host a program entitled, “ Smart Taxpayers’ Guide on Optimizing Tax Savings and Deductions ” scheduled o...