Thursday 22 November 2018

Tax Declaration is not a proof of ownership of the Land (EmelinoTMaestro.com)


TAX DECLARATION IS NOT A PROOF OF OWNERSHIP...
Boracay ruling lesson:
by CARMELA FONBUENA, abs-cbnNEWS.com/Newsbreak


☎️There is a big lesson to be learned from the Supreme Court (SC) decision confirming that Boracay Island is owned by the State: beware of buying properties where the seller can only show tax declarations as these documents do not guarantee ownership of the land.
When the High Court decision becomes final, residential owners in Boracay will have to explore other options--homestead patents, sales patents--if they want to preserve or protect their properties on the island. They may also ask Congress to pass a law that would allow them to acquire titles to their occupied lots.
The SC decision was released on October 8. The claimants have 15 days to file a for motion for reconsideration.
Most of those who possess lands in Boracay do not have original, registered land titles but only hold tax declarations passed from one buyer to another.
Only ten percent of the world-famous tourist destination is titled. The rest of the land claimants availed themselves of the legal remedy under the Commonwealth Act (CA) No. 141, which allows lots be registered in the name of the claimant through “judicial confirmation of imperfect titles.”
But the SC ruled that that land claimants in Boracay did not meet any of the two requirements under this Act.
“Private claimants are not entitled to apply for judicial confirmation of imperfect title under CA No. 141. Neither do they have vested rights over the occupied lands under the said law. These are two requisites for judicial confirmation of imperfect title under CA No. 141,” said the decision penned by Supreme Court Associate Justice Ruben Reyes.
It was a unanimous ruling by 12 SC Justices. Associate justices Antonio Carpio, Eduardo Nachura, and Renato Corona took no part in the decision.
Carpio said he has “relatives who are not parties are similarly situated as the petitioners.”
Nachura did not take since he was involved in the case when he was solicitor general, his post prior to his appointment to the SC.
Corona is on official leave.
☎️Ownership Since Time Immemorial
In case of the absence of titles, land buyers should make sure that the following requirements are met.
The first requirement is open, continuous, exclusive, and notorious possession and occupation of the subject land by himself or through his predecessors-in-interest under a bona fide claim of ownership since time immemorial or from June 12, 1945 .
The land claimants showed the court tax declarations dating back to 1993. The SC said this is “insufficient.”
“The tax declarations in the name of the private claimants are insufficient to prove the first element of possession. We note that the earliest tax declarations in the name of private claimants were issued in 1993. Being of recent dates, the tax declarations are not sufficient to convince this court that the period of possession and occupation commenced on June 12, 1945 ,” said Reyes.
According to Department of Environment and Natural Resources (DENR) Undersecretary Manuel Gerochi, many land buyers have fallen victims to these dubious real estate transactions because of unfamiliarity with our land laws.
“Tax declaration is not a proof of ownership. It’s only a proof of possession,” Gerochi said. Many land buyers have been misled to believe that tax declarations assure the buyer ownership of the land.
“It’s being done all over the country,” he added.
Gerochi said this is what happened to the land claimants in Boracay. “That’s why they are saying they own the land.”
☎️Alienable and Disposable
The second requirement land buyers must check is the classification of the land as alienable and disposable land of the public domain.
The SC upheld the Regalian Doctrine which provides that all lands that were not acquired from the government—either by purchase or by grant—belong to the public domain. This doctrine has been in effect since the Spanish Occupation.
The government has since enforced three land classifications—agricultural land, mineral land, and forest or timber. Out of these three classifications, only agricultural lands are “alienable and disposable.”
The claimants argued that that the island is “deemed agricultural”—and therefore alienable and disposable—because Philippine land laws never classified Boracay Island as mineral land or timber land.
But the SC did not agree.
“A positive act of declaring land as alienable and disposable is required,” the court said. “Matters of land classification or reclassification cannot be assumed. They call for proof."
Ownership of properties in Boracay has been a long battle between the land claimants and the government.
But Gerochi said the SC decision is not a landmark decision. "We have expected that for a long while. It's just a confirmation of our current policies."
☎️Other options
In its ruling, the SC said that even if the Boracay landowners are not eligible to have land titles, it doesn't mean that they will be kicked out of their properties.
The SC said that "lack of title does not necessarily mean lack of right to possess."
"For one thing, those with lawful possession may claim good faith as builders of improvements. They can take steps to preserve or protect their possession. For another, they may look into other modes of applying for original registration of title, such as homestead or sales patent, subject to the conditions imposed by law," the SC said.
"More realistically, Congress may enact a law to entitle private cliamants to acquire title to their occupied lots or to exempt them from certain requirements under the present land laws," the SC said.
The decision noted that one such bill is already pending in the House of Representatives.
Boracay island in Malay, Aklan is famous for its white sand beaches. It is the country's premier beach destination.
It is home to over 12,000 inhabitants in three barangays, the SC said.
The late former President Marcos had earlier declared Boracay island as tourist zones and marine reserves, which prevented the landowners from getting land titles to their properties.
But the landowners said they have been in occupying their properties in Boracay "since time immemorial" and that they had paid realty taxes on them.

Thursday 15 November 2018

2017 AND PRIOR years Tax Amnesty Before 2018 Ends (EmelinoTMaestro)

NEED to EARN extra INCOME.
Apply to be "REGISTERED TAX SPECIALISTA' of EmelinoTMaestro.
CRITICAL EMERGING INDUSTRY/SPECIFIC AREA REQUIREMENT. Recently and as it is stated in the transcript of the 2018 State of the Nation Address (SONA), our President Rodrigo R Duterte declared the urgency of passing a Tax Amnesty Law that will give opportunity to those taxpayers in settling their unpaid national internal revenue obligations. He expected that the Tax Amnesty Bill will be available for his signing into law before the end of the year 2018. For the record, the last Tax Amnesty Law that gave businesses, for taxation purposes, a clean bill of health is Republic Act 9480 (Annex D). Its covered period was for the taxable year 2005 and prior years and targeted, more or less, four million (4,000,000) taxpayers nationwide. In this regard, the House of Representatives and the Senate had introduced the consolidated tax amnesty bills. These bills proposed a general tax amnesty and an estate tax amnesty. It shall exempt from a criminal liability and reduce the unpaid taxes of those who will avail it accordingly. Moreover, the taxable period covered will be the 2017 and prior years. It is expected that the consolidated tax amnesty bills will be signed by President Duterte before the year 2018 ends (related news of GMA-7 is presented below.)

EMPLOYMENT AND BUSINESS OPPORTUNITIES.
The Bureau of Internal Revenue (BIR) and its 12,000 competent revenue officers may find it very hard to assist, help and provide a relevant, correct and complete public services to more than, as estimated, eight million (8,000,000) potential amnesty tax applicants. Furthermore, no schools, colleges and universities had developed a curriculum that tackles the rights, privileges, obligations and opportunities which can be derived from the Tax Amnesty Law. It is nice to give importance to the promise that our Constitution guarantees that is the goal of the national economy is to create an opportunity, income and wealth to a self-reliant and independent Filipinos.



☎️☎️Remember 'November 17'☎️☎️ '1.30pm'☎️☎️ at 'TESDA Taguig' and join the many OFWs, senior citizens, youth, non-CPAs, non-lawyers who believes that they can make and earn a DECENT INCOME from the upcoming TAX AMNESTY even if they have no work experiences with it. Do not worry because Emelino T Maestro who has 30 years expertise in BIR Taxation will be your mentor. Try to be there. What is P500/share for your snacks, water and rent if you will gain knowledge on how to start your career in Taxation. Register early via EmelinoTMaestro.com or call 09088807568 or 09173071316 now. Walk in rate shall be P3,000 per person.😇😎
MAY TAX AMNESTY BEFORE 2018 ENDS

The Senate has approved on second reading a measure seeking a general tax amnesty for all unpaid internal revenue taxes due for taxable year 2017 and prior years.

Majority Leader Juan Miguel Zubiri expressed confidence Wednesday that the bill would be passed by Congress before its December 14 break.

“We passed already on second reading Tuesday the Tax Amnesty bill. We will pass this on third reading by Monday next week,” Zubiri said in a message to reporters.

He said the House of Representatives has passed its version of the bill on committee level.

“Nauna kami sa Senado. Passage of the law depends on when the House will pass their version on third reading. I’m confident though that this measure will pass both Houses before the Christmas break,” he added.

Under Senate Bill 2059, taxpayers may get reprieve from all estate taxes, and instead pay six percent based on the total net estate.

A similar amnesty will also be extended for all national internal revenue taxes, including value-added tax and excise taxes collected by the Bureau of Customs.

Senator Juan Edgardo Angara, chairman of the Senate committee on ways and means, earlier said, in lieu of the taxes supposed to be paid, only five percent of the total net worth or a minimum tax will be collected.

Those who will go for the amnesty will have to have their General Amnesty Tax Return, including a notarized Statement of Assets, Liabilities and Net Worth (SALN). Discounts will also be given to early birds.

Taxpayers may also go for settling 40 percent of the basic tax for delinquencies and assessments which have become final and executory, or 50 percent when a criminal case is pending in court, or 60 percent in cases that are subject to final and executory judgment by the courts.

Angara said the proposal could yield up to P36 billion, based on the estimates by the Finance department. (—LDF, GMA News)

For details, please call 09173071316 and 09088807568
Visit EmelinoTMaestro.com

Tuesday 6 November 2018

BIR OPEN CASES: Conference and Solutions


Dear Emelino, Ako po ay Property Consultant ng super powerful Condo Developer. Ang trabaho ko po ay taga-bigay ng FLYERS doon sa loob ng Shopping Mall. Ni-require po akong mapa-register sa BIR at magpa-print ng sarili kong official receipts. After two (2) months, natanggal po ako dahil hindi ko ma-reach ang aking sales-quota. Wala po akong naging hanapbuhay sa mga sumunod na taon at umasa na lang sa kakarampot na kita ng aking asawa. Nang matanggap po akong muli bilang ACCOUNTING CLERK, ni-require po ako ng aking bagong employer na ilipat ang aking TIN sa kanyang Revenue District Office. Laking gulat ko ng sabihin sa akin na mayroon akong 400 BIR OPEN CASES na may 400,000 PESOS PENALTY. HesusMariaJoseph! Wala po akong ganitong salapi. Sir Emelino, tulungan po ninyo ako. Ayoko pong makulong. Maliliit pa po ang aking mga anak. Sabihin po ninyo kung anu-ano ang mga dapat kong gawin. - Nagmamakaawa, Tirso Karakool…
IMPORTANTLY and after attending the SOLVING INSTANTLY BIR OPEN CASES, you will learn ….
(1). the origin of BIR Open Case
(2). the scenarios that increases and decreases the number of BIR Open Cases
(3). the terminologies being used to confuse and abuse an untrained and undereducated taxpayers
(4). the bad effects of ignoring the BIR Open Cases
(5). the available and accessible reliefs and legal remedies that will reduce the amount of penalties associated with the BIR Open Cases
(6). the process to be undertaken to stop the BIR Open Cases increase their number
(7). how to prepare legal evidences to prevent embarrassing situations to happen
(8). other tips and techniques that will help and assist you to manage your BIR Open Cases
REMEMBER the date 'November 29', the time '1.30 pm registration' and venue ‘UP Diliman’.
VIP-rate is P3,360 if you registered and paid one day before the event date. Else, the Walk-in rate is P11,200.
FREEBIE. A book ’63 Fingerprints of Tax Evasion’ for those who don’t have a copy thereof.
☎️ 0908 8807568
☎️ 0917 3071316
Visit EmelinoTMaestro.com for more details

Saturday 3 November 2018

I teach you. I sell you. Tax Specialista. Emelino T Maestro


😀
Mark Twain once said, "I have never let my schooling interfere with my education."
😇Steve Jobs - Apple, Inc. The late Steve Jobs is among the most celebrated innovators of the last century. His designs and inventions helped construct one of the world's most pervasive technology empires, Apple Inc. However, in his youth, the business mogul was continually frustrated with formal schooling. After abandoning his studies at Portland's Reed College after six months, Jobs famously spent the following year-and-a-half dropping in on creative classes, while sleeping on the floor of friends' dormitory rooms. Just a few short years later, Jobs and his long-time business partner Steve Wozniak started what would become the world's most valuable brand Opens a New Window.
😍Bill Gates - Microsoft. America's richest man is also arguably the world's most famous billionaire dropout. During his high school years, Bill Gates was excused from math class to concentrate on computer programming, writing his first computer program while still in 8th grade. After enrolling at Harvard in 1973, he never formed a definitive study plan, choosing instead to spend his time in the campus computer rooms. By his sophomore year, Gates made the decision to leave Harvard and start his own company, Microsoft, with long-time friend Paul Allen. Today, the company is valued at upwards of $200 billion.
😎Richard Branson - Virgin Group. As a child, Richard Branson struggled with dyslexia throughout his school years. After finding difficulty adjusting to numerous schools, he dropped out at the age of 16 to start his own youth culture magazine, called "Student." After moving to London in the mid-1960s, Branson developed his idea for a mail-order record company to help fund his magazine efforts, which he named Virgin. Using a public phone box as his first office, Branson managed to sell records at significantly reduced prices. The venture proved highly successful, allowing Branson to expand the business with a record shop on Oxford Street. Over the coming decades, Branson would add an airline, drinks manufacturer and dozens of other ventures to his Virgin Group. (Source: New Core)
🤗Virgin as it is. Taxation in the Philippines offers so much opportunities, income and wealth to those who have the courage to venture into its rigid and complex world. Lawyers and CPAs haven't conquered it yet and there are so many available and accessible areas, venues and rooms in taxation that can accommodate even those who have no experience at all but are willing to learn its trade, tips, tactics and techniques. Join EmelinoTMaestro Today.
SEE THE FLYERS FOR DETAILS.