Am I BIR Audit-ready? 2023 | P&A Grant Thornton | 7 June 2023 | Webinar

Pursuant to the TRAIN Law, a further reduction of personal income taxes took effect last January 1, 2023. This would effectively give rise to the government’s need to source funds from other means to defray government spendings. To respond to the effects of the pandemic and lowering of income tax rates in 2023, the Bureau of Internal Revenue (BIR) is expected to hasten its collection efforts by conducting tax assessments. Hence, taxpayers must prepare for the possibility of more BIR audits in the future. Furthermore, to stay on top of the various issuances that affect the field of taxation, taxpayers need to equip themselves with the latest tax developments to properly and timely fulfill their obligation of paying taxes.

This webinar is aimed to inform taxpayers of the different stages of the tax assessment process and provide reminders on how to handle BIR assessments effectively. In addition, we will discuss new issuances in taxation promulgated by the BIR, and relevant Court of Tax Appeals (CTA) and Supreme Court (SC) decisions.

2023 Speakers

PANELIST:

Atty. Vier Aznar
Head of the Tax Advisory & Compliance division, P&A Grant Thornton

MODERATOR:

Atty. Ma. Jessica A. Guevarra
Manager, P&A Grant Thornton’s Tax Advisory & Compliance Division

SPEAKERS:

Wowie Roguel
Partner, Tax Division

Atty. Kim M. Aranas
Senior Manager, P&A Grant Thornton