Significant Changes in Corporate Taxation

Significant Changes in Corporate Taxation

Categories: , Tag:

1,399.00 + VAT

Featured Speaker

Mr. Aaron Escartin, CPA
Partner – Tax Reporting and Operations, SGV

Sept 24, 2024
2:00 PM – 5:00 PM

REGULAR RATE      Php 1,699.00 + VAT starting Sept 18, 2024
EARLY BIRD RATE  Php 1,399.00 + VAT until Sept 17, 2024
GROUP RATE          Php 1,299.00 + VAT per pax for 5 – 14 pax
SUPER GROUP RATE  Php 1,099.00 + VAT per pax for 15 or more pax
BIRTHDAY MONTH PROMO – Free Seat – Register within Your Birthday Month with at least 2 Paid Pax @Php1,699.00+ VAT per pax  Must present proof of date of birth
JOIN NOW PAY LATER PROMO   Pay After 30 Days from the date of the Masterclass @ Php1,899.00+ VAT per pax

Inclusive of the Masterclass Session, the presentation materials and the Digital Certificate.

Significant Changes in Corporate Taxation


Are you aware of the significant changes in corporate taxes? How about the tax impact of RA11494, including NOLCO and Retirement Benefits? Do you know what’s in it for you for CREATE or Corporate Recovery Tax Incentives for Enterprises Act recently signed by President Duterte? How will you be affected? Among the topics to be covered are: changes in corporate tax and other taxes; rationalization of fiscal incentives; and impact on financial reporting. Be up to speed. Join this masterclass to be facilitated by Mr. Aaron Escartin, Partner in SGV’s Tax Reporting and Operations Group. It is worth your investment.

Course Outline

I. Tax Impact of Republic Act No. 11494 (“Bayanihan to Recover as One Act”)

  • Net Operating Loss Carry-over (NOLCO)
  • Retirement Benefits

II. Corporate Recovery and Tax Incentives for Enterprises Act (“CREATE”)

A. Changes in corporate tax and other taxes

  1. Corporate tax adjustments on:
  2. Corporate income tax transition
  3. Deductions from gross income
  4. Tax-free exchanges
  5. VAT-exempt transactions
  6. Other percentage tax
  7. Withholding taxes at source
  8. Credit or refund of taxes

B. Rationalization of fiscal incentives

  1. Authority to grant incentives
  2. Qualifications of a Registered Business Enterprise (RBE) for Tax Incentives
  3. Domestic and Export Enterprises
  4. Fiscal incentives

C. Impact on financial reporting

Featured Speaker – Mr. Aaron Escartin, CPA

  • Mr. Aaron Escartin, or “Ace” to his friends, is a CPA and a partner in SGV’s Tax Reporting and Operations Group. He handles tax compliance (review and outsourcing), tax due diligence review, tax planning, tax test of controls, SOX compliance, tax accounting services (income tax provisioning, deferred income tax review and calculation, and FIN 48 review and calculation), compensation planning, litigation support, contract reviews, and special tax studies (preparation of tax manuals), among others.
  • Ace joined SyCip Gorres Velayo & Co. (SGV), the Philippine member firm of Ernst & Young, in 1996, based in the Makati office. He is a Certified Public Accountant, 1996, Sixth place.
  • Ace obtained his Master of Business Administration degree from the De La Salle University in June 2001, Silver Medalist.
  • He received his Bachelor of Science in Accountancy degree from the University of the Philippines-Iloilo in November 1995, Cum Laude.
  • Ace has an MBA degree with Distinction from DLSU.
  • He is recognized as one of the Ernst & Young Chairman’s Values Champions in the Far East Area in 2007. Ace is a recipient of the SGV Special Award in July 2006 for exceptional contributions to the Tax Compliance Group.


LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.


POWERMAX provides three (3) payment options:
(1) Bank Deposit/Online Bank Transfer
(2) G-Cash
(3) PayPal/Credit or Debit Card Through PayPal

Bank Deposit or Online Bank Transfer / G-Cash
If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

Payment Through PayPal
If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

WEBINAR ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.


To ensure a pleasant webinar experience, we recommend to registrants to:

  1. Download and install the Zoom application beforehand
  2. Ensure that there is a proper internet WIFI connection
  3. Use a working webinar streaming device.


  1. Definition of Terms
    • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
    • ENROLLEE(S) – The person(s) registered by the REGISTRANT
    • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
    • ATTENDEE(S) – The enrollee(s) who has / have actually attended the webinar
  1. The Official Receipts will be made available for pick up at the office of

Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

  1. Sharing of the presentation materials depends on the webinar speaker.

(a) Some speakers willingly share their materials while others don’t.
(b) For the speakers who are willing to share their presentation materials

  • Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
  • Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

  1. Any form of video, image or audio recording during the webinar is not allowed unless with the express permission of the speaker and the management of Powermax Consulting Group.
  2. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be given.
  3. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
  4. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
  5. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
  6. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
  7. Certificates will be given to the ATTENDEES only.
  8. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them through email, Facebook chat or some other means.
  9. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.

Thank you and enjoy!

Keep safe and God Bless!

1,399.00 + VAT


There are no reviews yet.

Only logged in customers who have purchased this product may leave a review.

Significant Changes in Corporate Taxation

Significant Changes in Corporate Taxation

Categories: , Tag:

1,399.00 + VAT