Tax Evasion through Depreciation, How It's Made? Tax Accounting Guru

Lesson: Tax Evasion via Depreciation
For Freight Forwarders, Armoured VANs, Taxi, Buses, Jeepneys, Uber, GrabTaxi, Car for Hire and other transportation contractors.

YourRegistration is via go@taxaccountingguru.com
Visit also Facebook/Kataxpayer (fan-page) and Kataxpayer.blogspot.comfor more tax info and tips.

Traffic, traffic and more traffic. What else is new? Someone from the BIR sighed, 'Thanks the tax evaders. Not only they polluted the air but also made the stretch of EDSA as a virtual parking lot.'

Share it or not. Let's analyse her statement. Who are the tax evaders? Why they become part of the traffic. It is WIDELY KNOWN and GENERALLY ACCEPTED AND TOLERATED that many vehicles plying around this Nation are the result of bureaucratic incompetence, negligence and nonfeasance. In the world of taxation, the BIR knew from the beginning and until now that many vehicles that are being driven by company's employees and officers are not really owned and controlled by the said company.

Like or not. This is where the tax evasion is prevalent and tolerated by the independent Certified Public Accountant who audited and vouched the correctness of a taxpayer's financial statements and the Revenue Officers assigned to conduct an examination on the said financial statements and the returns where they were attached to. These people are both required to do two things (1) GET THE LIST OF ALL THE VEHICLES BEING USED BY THE TAXPAYER, and (2) CHECK IF THESE VEHICLES ARE REGISTERED UNDER THE NAME OF THE SAID TAXPAYER. You will surprise that most of the vehicles are not under the name of the taxpayer. But, HE IS CLAIMING DEPRECIATION AND DEDUCTING ALL THE EXPENSES RELATED DIRECTLY OR INDIRECTLY IN OPERATING THE SAID VEHICLES FROM HIS GROSS INCOME. Thus, the BIR, as an institution, had failed to collect the true and correct tax from these types of taxpayers.

You can't deduct a depreciation expense from your gross income if the depreciable properties involved is not yours.

Don't bribe. It's not good for your health.
ETM can help you reduce your deficiency tax assessment. Bring them on October 24, 2015 at the Sofitel Hotel. A technology transfer on how you would benefit from removing yourself from the donor, sponsor and financier of graft and corruption in the BIR via understanding your remedies, relief and most importantly, extinguishing your obligation without the need of fixers and fear.

Investment:50k per attendee
Inclusion: EWT, VAT, Katax Book, lecture, forum, consultation, tax reduction techniques, scenario planning, light pm-snack, buffet at Spiral Restaurant of Sofitel and October 25-November 10, 2015 deficiency tax consultation with ETM (email only)
YourRegistration is via go@taxaccountingguru.com

IMPORTANT: If you want to market this event, please do so. You will receive a 5k commission for each attendee who paid and attended it. To avoid other to claim your commission, please email the name, mobile and email address of your potential attendees as often as it is convenient to you because the basis of releasing the said commission is to the first person who emailed the said information to go@taxaccountingguru.com.

OTHER INCENTIVE: If you reached 20 or more attendees, you are entitled to a 5-day, 4-night stay at Marriot Hotel, Osaka Japan, 3 CebuPac-tickets (Manila-Osaka-Manila) and 60,000 yen pocket money. (Get your passport and Japan's Visa now)

ETM Tax Agent Office
Unit 419 Corporate 101
Mother Ignacia, Quezon City

"Because Ignorance is the Most Expensive Lifestyle"
For the record, we don't bribe. You too must experience the feeling of honesty.