Wednesday, 18 October 2017

Programme Invitation (Savings All the Taxes For You) Up to 90% Deduction from Tax Dues

This Type of Financial Statements will save your Face and Family Fortune due to wrong language used therein before. Follow the BIR Recommendation so that you will save a LOT OF MONEY from taxation, penalties, professional fees and tax deficiencies. WATCH THIS VIDEO TODAY.
REGISTER, PAY AND ATTEND (RPA) the November Event that is SAVING ALL THE TAXES FOR YOU 'Up to 90% Deduction from Tax Dues'
Nov 10, CAP Convention Centre, Anda Street, Davao City
Nov 22, Luxent Hotel, Timog Avenue, Quezon City
Nov 25, L' Fisher Hotel, Lacson Street, Bacolod City
Early payment of your "KNOWHOW INVESTMENT" shall reward you more than 50% less than the walk-in rate of P5,000.00 plus VAT. Last day to RPA is Oct 25.......
๐Ÿ˜Saving All the Taxes For You
‘Up to 90% Deduction from Tax Dues’
November 10 @ CAP Convention Centre, Davao City
November 22 @ Luxent Hotel, Timog Avenue, Quezon City
November 25 @ L’ Fisher Hotel, Lacson Street, Bacolod City
<Programme Invitation>
I. Registration 12 noon - 1pm
II. Opening Prayer 1pm - 1.09pm
III. Lecture
A. Structuring a business 1.10pm -1.45pm
Its objective is to help taxpayers to choose what business structure may give them the least tax exposure. Thus, giving them an additional profit without making an additional sales.
B. Constructing a contract 1.46pm - 2.25pm
Its objective is to assist taxpayers on how to use contracts and management policies or procedures in reducing tax obligations.
C. Legalising terminologies 2.26pm - 2.55pm
Its objective is to present ideas on how to comply with the language of the Tax Code in order to promote understanding between BIR auditors and taxpayers and maintain their harmonious relationship.
D. Scenario planning 2.56pm - 4.30pm
Its objective is to guide taxpayers who have huge BIR deficiency tax assessment the alternative solutions in reducing their tax exposure and avoid public humiliation and criminal prosecuting policies of the BIR.
E. Negosyo Taxation (Negosyo Ko, Negosyo Mo) 4.31pm - 5pm
Its objective is to give opportunities, learning tools, business brand and technical support to small and start-up accountants, bookkeepers and consultants and specially, to those non-CPA individuals and OFWs who are dreaming to have a profitable Negosyo in the field of taxation.
IV. Questions and Answers 5pm - 5.15pm
V. Closing Prayer 5.15pm
๐Ÿ˜Taxpayer’s Prayer
From this moment, I shall OPEN my eyes so that I can see the beauty of the law clearly. From this moment, I shall OPEN my mind so that I can understand the meaning of the law easily. From this moment, I shall OPEN my heart so that I can feel the power of the law being added unto me. From this moment, I shall OPEN my arms so that I can harvest the benefits of the law carefully. From this moment, I shall OPEN myself so that I can share my blessings unto others unconditionally.
So, help me God.

Tuesday, 10 October 2017

Letter from Hon. Nestor Valeroso about CBOA with e-Invoicing

 This letter is composed by Hon. Nestor Valeroso. He explained that any taxpayer may be allowed to used a computerised books of accounts (CBOA) with e-invoicing system provided that such taxpayer should secure first a permit from the BIR. To know more, about it, please read his letter as it is shown below.  Importantly,
you are all advised, specially the Mindanaoans, to register and pay P999 plus VAT on or before October 25, 2017 via to get a Free Tax Code for Accountants, Bookkeepers and Consultant and attend the event on November 10, 2017 (12nn-5pm) to be held at CAP Convention Centre, Anda Street, Davao City. Else, you will pay the walk--in rate of P5,000.00 plus VAT per person and the Free Tax Code privilege is gone forever. You will be surprised that you can reduced your tax dues up to 90% using the four (4) proven and successful techniques, namely, (1) structuring a business, (2) constructing a contract, (3) legalising a terminology, and (4) planning a transaction scientifically. 

For your information, the Saving All the Taxes for You "Up to 90% Deduction from Tax Dues" shall also be held at Luxent Hotel and L'Fisher Hotel on November 22 and 25, respectively. Congratulations to all who will choose to attend because a CBOA will be provided to ALL OF YOU free of charge. Use it to profit from it.

You are a Nation-builder person and you understand that the Philippines is plague with so much graft and corruption. You know that you and ETM cannot eliminate the proliferation of the acts and practices of graft and corruption but together we can do something which is 'WE CAN STOP FEEDING IT'. The graft and corruption feeds from our IGNORANCE OF THE TAX CODE and you hate seeing ignorant people being molested by grafters and corruptors so let stand together and feed them no more of our ignorance. Let us start studying and applying the Tax Code to our daily lives together. Then, the grafters and corruptors will stop picking us as the source of their lavish lifestyle.

For more information, please visit Thanks a lot for sharing this knowledge to others.

Wednesday, 4 October 2017

Is the distributive share from a partnership subject to value added tax (VAT)?

Is CPA's share from the net profit of a CPA Partnership subject to tax????? is a member of a Certified Public Accountants Partnership. In the year 2017, the said partnership earned a net income (after deducting all the expenses) P20,000.000.00 in which he will receive P5,000.000.00 if it will be distributed tomorrow. Is his distributive share subject to .....
(a) VAT
(b) VAT exempt
(c) VAT zero
(d) withholding VAT
(e) Sorry, I don't know the answer
Many participants from my previous seminars, workshops and trainings told me that I am an ?ANGEL? from up above, -an answer to their prayers, because they felt that the chronic disease being inflicted to them by many revenue officers and some friends and relatives has a real, within arm-reached and doable solution. However, when they asked me if I am a TAX BOOKKEEPER, my answer usually disappointed them.
Many, for the past decades or so, has experienced the emotional stress and mental anguish of having NO ENTRIES IN THEIR BIR-REGISTERED BOOKS OF ACCOUNTS in which resulted to an average P350,000.00 bribe per Letter of Authority (The average number of LOAs issued within a year is 45,000.), notwithstanding, the penalty of TAX MAPPING that ranges from P25,000.00 up to P50,000.00 (Tax Mapping is being conducted twice a year.) The solution is to make easier the making of entries in the BIR registered books of accounts. How? (This is the 2nd problem.)
Many, for the past three decades of my practice as a Mentor, Lecturer and Tax Consultants to thousands of taxpayers, has experienced the quality of services of so many available bookkeepers, CPAs and consultants pretending to be proficient and competent in the field of taxation in which resulted to having NO ENTRIES IN THEIR BIR-REGISTERED BOOKS OF ACCOUNTS. This problem has been brought to me in which my solution is for you to study the TAX CODE that is to TRAIN yourself about its rigid and complex rules and regulations because if you are paying your trusted bookkeeper, CPA or consultant a fee up to P2,500.00 a month (I believe that this amount is the PICPA's proposed professional fee which you have to be paid to its members) for placing true and correct entries in your BIR-registered books of accounts, I will say to you that the P2,500.00 a month professional fee is the most expensive professional fee ever. Think about this 'YOU ARE PAYING SOMEONE FOR DOING NOTHING FOR YOU.' Really 'IGNORANCE IS THE MOST EXPENSIVE LIFESTYLE' and this is what I wanted to cure from the beginning. The solution is to have an artificial intelligent (AI) that will do the making entries in your books of account (What I am referring to is neither the traditional books of accounts nor the computerised accounting system.) using my designed and developed (tax basis) Computerised Books of Accounts (CBOA).
๐Ÿ’œ๐Ÿ–ค๐Ÿงก๐Ÿ’›๐Ÿ’™❤️๐Ÿ’š I will tell you the beauty secret of using CBOA on November 22, 2017 @ Luxent QC (12-5pm), Register @ I will also give you a Certificate of Qualification wherein for 15 days from receipt thereof, you will be helped and assisted by my accredited Tax Bookkeepers in making entries in your BIR-registered books of accounts easier and a happier experience because me and my Tax Bookkeepers believe that you deserve to have a PEACE OF MIND. The CBOA has a commercial value of P50,000.00 plus VAT but it is FREE if you will attend the "HOME-BASED NEGOSYO: Making Money Out of Nothing At All" Event.
❤️๐Ÿ’™๐Ÿ–ค๐Ÿ’œ๐Ÿ’š๐Ÿงก๐Ÿ’› If you decide to be an affiliate of this EVENT, you will receive 50% share from the amount collected from your successful referrals which is to be paid on the 5th day from our date of validation. Thanks a lot for taking time to read and share this message and the picture hereunder to your friends, relatives and revenue officers.