Course curriculum

  • 1

    READING MATERIALS

    • Handouts: Withholding Taxes Under TRAIN and CREATE Laws

    • RR No. 31-2020

    • RMC No. 27-2022

  • 2

    Module Overview

    • MODULE OVERVIEW - Withholding Tax

  • 3

    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

  • 4

    Types and Computation of Withholding Taxes

    • Income Tax

    • Business Taxes and Computation of Withholding Tax

    • Withholding Tax on Business

  • 5

    SECTION REVIEW: Types and Computation of Withholding Taxes

    • Types and Computation of Withholding Taxes

  • 6

    Examples on Computing Withholding Tax

    • Example 1

    • Example 2

  • 7

    BIR Forms and Deadlines

    • BIR Forms and Deadlines

  • 8

    EXERCISES

    • List of Scenarios

    • Scenario 1

    • Scenario 1 - Questions

    • Scenario 2

    • Scenario 2 - Questions

    • Scenario 3

    • Scenario 3 - Questions

    • Scenario 4

    • Scenario 4 - Questions

  • 9

    CASE STUDY: Addressing Deficiency Withholding Tax Assessments

    • Case Study: Addressing Deficiency Withholding Tax Assessments

    • Case Study - Questions

  • 10

    Key Points

    • Key Points - Withholding Taxes

  • 11

    QUIZ

    • Quiz: Withholding Taxes Under TRAIN and CREATE Laws

  • 12

    EVALUATION FORM

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