In this video, ETM discussed that the Salaried workers, laborers, government teachers, police, military personnel, officials and employees must file their annual income tax returns but what is the best type of filing for them, he needed country managers, preferably OFS, stationed in differenct country to handle the business opportunities brought by Republic Act 11213, many is spreading bad jokes and fake news that there is no tax amnesty for most of the taxpayers. In fact, President Duterte's vetoing the General Tax Amnesty Provision of RA 11213 opened 5 doors that will give all types of taxpayers to avail the immunities and privileges provided by the said law. ETM is inviting everyone of you to attend his exclusive conference meeting with him so that you will know and apply your options immediately... See you at CONRAD HOTEL (SIX STARS), SM MALL OF ASIA, on March 16, 2019.. To reserve, please call the mobiles shown in this video. Thanks for passing this good news. Online Live Program: TAX SPECIALISTA ONLINE UNIVERSITY
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Broadcast network ABS-CBN Corporation has agreed to pay P152.44 million as part of a compromise agreement approved by the Court of Tax Appeals in its tax deficiency case.
In a February 27 resolution from the Second Division, the tax appellate court said the Bureau of Internal Revenue has accepted ABS-CBN's offer to pay the total "judicial compromise amount."
"The BIR has accepted the amount equivalent to 40 percent of the basic tax assessed for deficiency income tax, value-added tax and documentary stamp tax and the amount equivalent to 100 percent of the basic tax assessed for deficiency expanded withholding tax, compensation withholding tax, and final withholding tax," the CTA said.
The CTA did not state the total dues of ABS-CBN, but said the amount the corporation agreed to pay represents its alleged tax deficiency for 2009.
ABS-CBN Chief Financial Officer Aldren Cerrado requested for the compromise, according to the CTA.
It said the agreement was granted for the parties to resolve their differences and put an end to the trial, noting the resolution effectively renders judgment on the case.
"After careful scrutiny of the documents submitted by the parties in support of the judicial compromise, the court finds the same in order and in compliance with the established laws, rules and regulations. Hence, the court approves the same," the CTA said.
Associate Justice Juanito Castaneda Jr. penned the decision and had the concurrence of Associate Justice Cielito Mindaro-Grulla.
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