TOP SECRETS IN UNDERSTANDING A BIR LETTER OF AUTHORITY

TOP SECRETS IN UNDERSTANDING A BIR LETTER OF AUTHORITY (eLA 101)

Professional Level, Emelino T Maestro, Veteran Tax Consultant/Lecturer

A, LEARNING OBJECTIVES

1, To comprehend what really an eLA is

2, To know the BIR’s three (3) specific reasons in preparing/issuing an eLA

3, To learn how to not to be included in the BIR’s three (3) specific reasons

4, To grasp what an eLA is telling a taxpayer

5, To understand what are the taxpayer’s rights, privileges and obligations under an eLA scenario

6, To appreciate what are the BIR rights, privileges and obligations under an eLA situation

B, COMPETENCE PROFILE

1, To be able to understand the legal/regulatory requirements that cover the preparation/issuance of an eLA

2, To be able to examine/evaluate the eLA’s disadvantages and advantages

3, To be able to collate/harness the eLA’s power that is favorable to a taxpayer

4, To be able to use the eLA’s power to protect and promote the rights and privileges of a taxpayer

5, To be able to extinguish without the unnecessary hindrance and unwanted expenses the obligations that an eLA created

6, To be able to interpret and explain the eLA’s content and context to a non-CPA/non-lawyer and potential employer/clients

7, To be able to identify and determine the crimes that are being deliberately employed in the preparation/issuance of eLA.

8, To be able to develop eLA/tax audit planning techniques 

C, WHO MUST ATTEND

1, Those who are currently employed so that he/she may increase his/her value thus his/her salary/wage in an organization

2, Those who are currently looking for an employer so that he/she may increase his/her marketability/chance to be hired and get his/her desired compensation

3, Those who are usually receiving an eLA so that he/she/it may have an opportunity to stop/avoid existing/potential BIR’s illegal acts/advances and harassment

D, QUALIFICATION

1, No specific educational attainment is necessary. Even those who failed to finish their primary schooling but are now considered to be a very successful and thriving business persons must know how should they protect their fortunes and family not only from the external side that is the BIR but most importantly from their hired “professionals’ who may be a CPA, lawyer, influence-peddler, consultant and the likes

2, An understanding of either Tagalog, Tagalish or English is a plus sign.

3, He/She must pay the required Investment Fee

E, INVESTMENT FEE

1, NON MEMBER

a, An attendee shall pay 3,000-peso fee

b, If the payment is made 15 days before the happening of the event, he/she shall be entitled to a 500-peso discount.

c, For each NON MEMBER that he/she encouraged to attend the event, he/she shall be entitled to a 500-peso commission

1, MEMBER

a, All members of Katax Club shall pay 2,000-peso fee

b, If the payment is made 15 days before the event’s date, he/she shall be entitled to a 500-peso discount.

c, For each NON MEMBER that he/she encouraged to attend the event, he/she shall be entitled to a 500-peso commission

F, KATAX CLUB

1, Send a digital biodata with your current ID picture and scanned copy of government-issued ID card/s to erickalonzo@maestrotaxation.org

2, Pay the 500 pesos annual membership due either through credit card using the 'SHOP' module as shown above or deposit it via BPI Savings 9579-0638-47 under the name of Emelino T Maestro. If it would be deposited, please scan and send the deposit slip to jocelyn@maestrotaxation.org within 24 hours from the moment of depositing.

3, VAT registered official receipt shall be issued accordingly

4, Annual membership is due on everyevery January 1.

G, INDEPENDENT SALES AGENT

1, For each NON MEMBER that an ETM-accredited/registered agent encouraged to attend and who on or before the event’s date, has paid the Investment Fee, he/she shall receive a 500-peso commission.

H, TAXATION

a, The Investment Fee is subject to 12% value added tax. If there is a need to withhold a tax, the rate to be used is 15% and the issuance of BIR Form N0. 2307 must be submitted on or before the date of the event. A failure/refusal to do so shall authorize ETM and his staff to prepare for and in behalf of the attendee the BIR Form No. 2307

b, The commission includes the 12% value added tax and 10% expanded withholding tax. Provided that the expanded withholding tax shall be withheld and remitted to the BIR within the prescribed moment and the corresponding BIR Form No. 2307 shall be scanned and sent via email address. Provided finally, that the attendee shall provide his/her true/complete name, TIN, home/business address and email address.

I, RELATED TOPIC

-TOP SECRETS IN HANDLING A BIR LETTER OF AUTHORITY (eLA 201)

Specialist Level, Emelino T Maestro, Veteran Tax Consultant/Lecturer

J, VENUE AND SCHEDULE

1, Venue.... Sofitel Hotel, PICC, Pasay City, Metro Manila

2, Day........... August 13, 2013

3, Time............2-4 in the afternoon

K, CONTACT DETAILS

1, Mobile 0998 979 3922, 0922 801 0922

2, Manila 437 4027, 440 4816, 439 3918, 921 6107

3, Wireless 330 2874, 425 9225

4, Office Unit 419, Corporate 101, Mo. Ignacia, Quezon City