Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Issuances
October 16, 2014
Topic Outline
Topic
Revenue Issuances
RR 18-2013
RR No. 1-2014
RR 4-2014
RR 5-2014
RMC 8-2014
RMC 34-2014
RMC 35-2014
RMC 39-2014
RMC 40-2014
RMC 46-2014
Topic Outline
Topic
Revenue Issuances
RMC 51-2014
RMC 54-2014
RMC 73-2014
RMC 74-2014
RMO 22-2014
RMO 27-2014
RMO 34-2014
Stages of Assessment
RR 18-2013
not be allowed
Various employees
Various payees
PCD nominees
Others
etc.
ten years.
Issuances
RR 17-13
Hard copies
Hard copies
RR 5-14
Hard copies
Hard copies
or
Soft copies
Tax Consequence:
Tax Calculation
Tax Due
Withholding Tax
1,000,000 x 2%
P20,000 (payment of
w/tax)
Income Tax
1,000,000 x 30%
P300,000 (disallowance of
expense which would
require payment of tax)
Background
Rev. Reg. 30-02 cited two grounds for a taxpayer could avail of
compromise settlement:
1. Financial incapacity; and
2. Doubtful validity of the assessment
10
Jeopardy assessment
2. Arbitrary in nature
3. Assessments based on the "Best Evidence Obtainable
Rule"
11
12
Scenario
Contributory
Pension
Non-Contributory
Pension
Taxable
(whole amount)
Taxable
(whole amount)
Taxable
(whole amount)
Employee received
dividends from the
Provident fund
Employee resigned and
received benefits that do
not qualify as tax
exempt from separation
13
Sec.194 - Rental
P 5,000
P 1,001
Computation:
P 1,000,000
- P5,000
Computation:
P2,000
- P3
P998,000
- P998
14
Personal Property
One (1) eCAR for every real property. One (1) eCAR may be issued for
more than one personal property.
15
16
17
VAT Refund
54-2014, June 17, 2014)
Annex A
Checklist of
Mandatory
Requirements
for claims for
VAT
credit/Refund
18
19
20
21
tax
22
23
24
25
26
Questions
& feedback
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