Course curriculum

  • 1

    Important Reminders Before You Start Your Training

    • Daily Training Limit, Time Zone and Other Reminders
  • 2

    READING MATERIALS

    • Handouts: Withholding Taxes Under TRAIN and CREATE Laws

    • RR No. 31-2020

    • RMC No. 27-2022
  • 3

    Module Overview

    • MODULE OVERVIEW - Withholding Tax
  • 4

    Fundamentals of Withholding Taxes

    • Introduction

    • Definitions, Coverage, Exemptions and Scope

    • Section Review: Definitions, Coverage, Exemptions and Scope

    • Significance, Scenarios and Examples, Differentiation from Final Tax

    • Section Review: Significance, Scenarios and Examples, Differentiation from Final Tax
  • 5

    Types and Computation of Withholding Taxes

    • Income Tax

    • Business Taxes and Computation of Withholding Tax

    • Withholding Tax on Business
  • 6

    SECTION REVIEW: Types and Computation of Withholding Taxes

    • Types and Computation of Withholding Taxes
  • 7

    Examples on Computing Withholding Tax

    • Example 1

    • Example 2
  • 8

    BIR Forms and Deadlines

    • BIR Forms and Deadlines
  • 9

    EXERCISES

    • List of Scenarios

    • Scenario 1

    • Scenario 1 - Questions

    • Scenario 2

    • Scenario 2 - Questions

    • Scenario 3

    • Scenario 3 - Questions

    • Scenario 4

    • Scenario 4 - Questions
  • 10

    CASE STUDY: Addressing Deficiency Withholding Tax Assessments

    • Case Study: Addressing Deficiency Withholding Tax Assessments

    • Case Study - Questions
  • 11

    Key Points

    • Key Points - Withholding Taxes
  • 12

    QUIZ

    • Quiz: Withholding Taxes Under TRAIN and CREATE Laws
  • 13

    EVALUATION FORM

    • Evaluation Form and Attendance Sheet (as required under PRC Resolution no. 1244 Series of 2020)