Center for Global Best Practices

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 training entitled, “ BIR Computerized Accounting System Compliance for Medium and Large Taxpayers ,” scheduled on Friday, February 15, 2019 at the Manila Marriott Hotel, Pasay City, Philippines. With the activation of the BIR special task force called Computerized Systems Evaluation Team (CSET) to monitor medium and large taxpayers, one can expect more active campaigns and stricter enforcement from the tax authorities. The lecture will include discussions on the regulations and rulings, presentation of ...

There are various tax avoidance schemes available under the law that would allow taxpayers, particularly those engaged in real estate business, such as real estate developers, contractors, buyers, sellers, brokers, lessors and owners of real property, to reduce tax liabilities without violating Tax Code provisions. Learn the trade secrets on how to save millions of pesos on relevant taxes in all your real estate transactions. The Center for Global Best Practices will host a special program entitled, “ Optimizing Tax Savings for Real Estate Transactions ” to be held on Friday, February 1, 2019 at the Manila Marriott Hotel, Pasay City, Philippines. This comprehensive program will discuss the legally permissible means of avoiding taxes in real estate transactions. The lecture will also include updates, examples, new laws and regulations and specific situations that will be discussed thoroughly to guide participants in executing their plans or solving their tax problems and issu...

With the passage of Tax Reform for Acceleration and Inclusion (TRAIN) and the clamor of many businesses and tax practitioners to keep themselves updated and compliant with the numerous changes on tax policies of the Duterte government, the Center for Global Best Practices will be holding a one-day program entitled, “ TRAIN Law + New Year Tax Updates andRemedies ” on Friday, January 18, 2019 at the Manila Marriott Hotel, Pasay City, Philippines. Start the year right with this one-day comprehensive program to provide you with the updates on new tax laws, very relevant 2017 BIR issuances up to January 2018. This will provide your organization the clear guidance on the impact on the new tax regulations and laws on your business transactions ensuring compliance (monthly, quarterly, and annual), minimizing and avoiding unnecessary tax exposures, assessments and penalties from the taxing authority. This training will also feature the latest relevant decisions of the Court of Tax Appeal...

The fear of many grandparents, parents and families who worked so hard for their wealth is for it to end up in the hands of bad relatives and outside predators in case of their incapacity or death.  When you want to spare your loved ones of the burden of dividing and even quarreling over the estate, or the pain of having to pay for the unnecessary legal costs and taxes, one should write a will or create a living trust. It is the right thing to do.  When you don’t have one, you run the risk of your assets going to waste. To help families with this, the Center for Global Best Practices will host a one-day program entitled, “ Families’ Guide to Wills, Trusts & Inheritance: Will-Writing, Trust-Making and Inheritance-Giving the RIGHT Way ” to be held on Friday, November 23, 2018 at the Manila Marriott Hotel, Pasay City, Philippines. Leave a long-lasting legacy. This program will provide you a practical guide to will-writing and creating living trusts. With these docu...