BAGUIO CITY—Five tax experts are set to conduct a seminar in Baguio City to impart ways of “mastering the art of paying less tax” on May 23.
Organized by the Saint Paul Consulting Group Inc., the one-day seminar is entitle “Tax Avoidance Congress 2015” and will have five noted tax experts to discuss ways to lessen the tax paid for by taxpayers, especially those engaged in small-scale enterprises.
The seminar is specifically designed to address the pressing issues of present-day taxation in the country.
Src: Business Mirror
WITH the Bureau of Internal Revenue’s (BIR) target collection of P1.674 trillion in revenues this year, the Bureau’s commissioner, Kim Jacinto-Henares, in her recent interview with GMA admits that this goal is relatively high, making her job not easy at all. This tax collection target is “aspirational,” according to her boss (the BIR is under the Department of Finance, headed by Sec. Cesar Purisima), but despite this, Henares does not quite agree with setting aspirational goals and is set to work hard to achieve this goal. In her five years as top tax collector, she has given the BIR a reputation for being strict, notably for the Run After Tax Evaders (RATE), a brainchild of the Arroyo administration that got its much-needed boost from the Aquino administration complemented by the equally controversial “scare and shame campaign” which involves newspaper ads against tax cheats making the BIR consistently unpopular, particularly when it comes to taxpayers involving famous people like boxing champ Manny Pacquiao, former Chief Justice Renato Corona, and even model-actress Solenn Heussaff.
IF DONE legally and right, eliminating and minimizing tax liabilities are allowed and legal, according to a revenue official and tax experts.
Tax avoidance, as it is technically called, is the “attempt to minimize the payment or altogether eliminate tax liability by lawful means.” Other terms may include tax management or tax minimization.
Empowering Responsible Taxation: Unveiling the Tax Avoidance Congress 2.0 Caravan
In a world where responsible business practices are increasingly prioritized, taxation plays a pivotal role in shaping economic landscapes. For businesses in the Philippines, understanding the nuances of taxation, ethically minimizing liabilities, and fostering transparent practices are paramount. Enter the Tax Avoidance Congress 2.0 Caravan—an empowering and transformative regional event that equips businesses with the tools to navigate taxation conscientiously.
A Glimpse Into the Tax Avoidance Congress 2.0 Caravan:
In collaboration with esteemed experts and industry leaders, Comptrolla is bringing forth the Tax Avoidance Congress 2.0 Caravan—a regional series that aims to empower businesses across the Philippines. Through interactive workshops, engaging panel discussions, and insightful sessions, participants gain valuable insights into ethical tax minimization, comprehending tax legislation, and fostering a culture of responsible tax conduct.
Exploring the Tax Integrity Initiative:
At the heart of the Caravan lies the Tax Integrity Initiative—an innovative platform that gathers genuine sentiments from business taxpayers on the ground. This initiative is not just about exploring taxation in theory; it’s about understanding the challenges faced by businesses firsthand. Through a series of pre-consultations and roundtable discussions with industry leaders and stakeholders, the Tax Integrity Initiative aims to consolidate these insights into a meaningful reform proposal. This proposal is then presented and collaboratively discussed with government authorities for necessary improvements.
Building on Previous Success:
The journey towards responsible taxation began with Tax Avoidance Congress 1.0 Caravan, which was successfully run in various regions including Cebu, Baguio, Iloilo, and Davao from 2014 to 2016. Among its remarkable achievements was the pivotal move of the Barangay Micro Business Enterprise (BMBE) law from the implementing agency LGU to the Department of Trade and Industry (DTI), sponsored by then Senator Bam Aquino under the “Go Negosyo” initiative. This move was driven by the recognition of internal conflicts within the LGUs that hindered the progress and implementation of the BMBE law, preventing its potential benefits for aspiring micro-entrepreneurs.
The Path Ahead:
As Comptrolla readies for the Tax Avoidance Congress 2.0 Caravan, the focus is on creating a lasting impact through responsible tax practices. By equipping businesses with the necessary tools to navigate taxation ethically, fostering transparency, accountability, and integrity in tax matters, we are contributing to a conducive environment for business growth and development in the Philippines.
Your Role in Shaping Responsible Taxation:
For experts and industry leaders like you, this event presents a unique opportunity to contribute to meaningful change. As a Resource Expert and Speaker, your insights will help participants understand the nuances of responsible tax practices, ethical tax avoidance, and the significance of collaboration for positive change. We believe your participation will greatly enhance the event’s impact and contribute to fostering transparency and accountability in the taxation landscape.
Taking the Next Step:
Should you be open to exploring this partnership opportunity, we welcome you to discuss further details with us. Your perspective and contributions will play a pivotal role in shaping the Tax Integrity Initiative’s discussions and outcomes. We’ll also be reaching out to you shortly, but please feel free to proactively contact us at (02) 7004 3581 or via email at email@example.com
A Collaborative Journey Toward Responsible Taxation:
The Tax Avoidance Congress 2.0 Caravan isn’t just an event; it’s a movement towards responsible taxation. With a focus on knowledge, ethical practices, unity, and transparency, we are inviting businesses, experts, and industry leaders to join hands in shaping a brighter economic future for the Philippines.
*Engage, Empower, Elevate:
Join us in this journey to transform the way businesses navigate taxation. Together, we can empower businesses to thrive while adhering to ethical practices, and contribute to the growth and development of the Philippine economy.