Last August 5, 2013, the Bureau of Internal Revenue issued Revenue Memorandum Circular number 55-2013. This intends to govern how individuals and businesses should handle their sales and taxes accordingly.
Here’s a summary Janette Toral prepared and hope it will make it easier for e-commerce merchants, online shoppers, online shopping, retailers, online intermediaries, advertising entities, online auction, auction webstores, payment gateways, banks, credit card companies, freight forwarders in the Philippines to dissect this BIR Revenue Memorandum Circular.
Read the full guide at http://digitalfilipino.com/tax-guidelines-e-commerce-transactions-philippines/
presentation slides on international funds flow prepared by the group members in a new way thanks guys for providing such a beneficial, knowledgeable slides.
Chapter 3 How Securities are traded? Bodie, Kane et all with Nepali contextSINGHZEE
This presentation is basically the CHAPTER 3 presentation from the Book "Investments" by Bodie, Kane, Marcus and Mohanty with relevant information from Nepali Market
PLEASE HIT LIKE IF IT'S HELPFUL! :D
presentation slides on international funds flow prepared by the group members in a new way thanks guys for providing such a beneficial, knowledgeable slides.
Chapter 3 How Securities are traded? Bodie, Kane et all with Nepali contextSINGHZEE
This presentation is basically the CHAPTER 3 presentation from the Book "Investments" by Bodie, Kane, Marcus and Mohanty with relevant information from Nepali Market
PLEASE HIT LIKE IF IT'S HELPFUL! :D
Accepting E-Commerce Payments Online with DragonpayJanette Toral
Process on how to accept payments online in the Philippines using Dragonpay. More details on how to accept payments online in the Philippines at http://digitalfilipino.com/accepting-payments-online/
Accepting payments online with BancNet Internet Payment GatewayJanette Toral
An e-commerce entrepreneurs guide on accepting payments online through the BancNet Internet Payment Gateway. Janette Toral wrote about this at http://digitalfilipino.com/accepting-payments-online/
Tax Guidelines for E-Commerce EntrepreneursJanette Toral
Presented by Atty. Elenita B. Quimosing, Chief of Staff, Office of the Deputy Commissioner-Operations Group - Bureau of Internal Revenue last February 23, 2016 during the BIR Consultation on E-Commerce Taxation forum.
The Electronic Commerce Act and its Implementing Rules and RegulationsJanette Toral
Atty. Jesus M. Disini Jr. wrote this guide for the Philippine Exporters Confederation Inc. (PhilExport) with Janette Toral providing legislative history.
Atty. Rodolfo Noel S. Quimbo also gave inputs on the Senate deliberation with respect to the Senate deliberation on Senate Bill 1523.
More info on the E-Commerce Law legislative history can be found at http://www.scribd.com/doc/11306151/Philippine-Internet-Review-10-Years-of-Internet-History-19942004
Full text of the E-Commerce Law can be found at http://www.digitalfilipino.com/the-philippines-e-commerce-law-republic-act-no-8792
E-Commerce in the Philippines 2016-2017Janette Toral
A webinar presentation delivered by Janette Toral last December 19, 2016 as part of her E-Commerce & Digital Marketing Mentoring Program for MSMEs (http://www.ecomsummit.asia/mentoring) Full blog post article about this topic at http://digitalfilipino.com/e-commerce-in-the-philippines-2016/
Ad Standards Council Digital Guidelines for Non-Regulated and Regulated Categ...Janette Toral
This policy takes effect on February 15, 2017. It covers paid, owned, earn content of advertiser and agencies whether in regulated or non-regulated categories.
Taxation 101 basic rules and principles in philippine taxation by jr lopez go...JR Lopez Gonzales
This was the informative speech on the basic taxation principles in the Philippines. It was a thirty-minute speech on the basics of the Philippine Tax system presented to the students of the Mindanao State University - Iligan Institute of Technology on 8 August 2011 for the Political Science 2 Lecture Series. The document was uploaded by JR Lopez Gonzales of www.politikalon.blogspot.com.
Mr. Napoleon Micu from the National Credit Council- Department of Finance speaks about the national policy framework of microfinance in the Philippines (Jan 29, PACAP Community Development Forum - Microfinance Amidst the Global Financial Crisis)
Free eFPS Coaching was conducted on November 13, 2013 in coordination with bancnetonline.com, lbp-etps.com and digitalfilipino.com.
TOPIC: e-Payment
About: BancNet (Mr Rene Natividad / Ms Jenny Carino)
Benefits of Becoming an E-Commerce Specialist, Entrepreneur, ProfessionalJanette Toral
Janette Toral shares the opportunities of becoming an E-Commerce Specialist, E-Commerce Entrepreneur, and E-Commerce Professional today to meet the growing demands of businesses in looking for people who can help them in expanding their business online. More info at http://digitalfilipino.com/cep
Types of business registration in the philippinesPnjg Consulting
In this presentation, we are describing about business registration in the Philippines. These should be very beneficial if you are thinking about business in the Philippines.
The coming GST law in India will have wide ranging impact on E-Commerce in India. This PPT analysis the problems of E commerce under present indirect tax regime as also impact of Model GST law
Accounts Payable/Accounts Receivable
Special Project
Policies and Procedures for Ensuring the 3-Way Match Occurs before Paying Invoice
This Special Project is worth 100 points and is due no later than June 7th, the date of the final exam. This is not a group project. Each student is required to prepare individual responses. A deduction of 20 points will be made for evidence of joint preparation. Late assignments will be given no points.
I would expect responses to vary in length but do not anticipate anything less than 3 pages.
Instructions:
Now that you are somewhat familiar with the payables function in QuickBooks, you no doubt realize that the software does not include a feature that ensures a three-way match is made/has been made prior to paying an invoice. It is largely a manual process.
You first job as the newly appointed head of the Accounts Payable department is to devise an internal process (i.e. “desk procedures”) to ensure that invoices are not paid unless and until a three-way match happens. You have access to company purchase orders and the shipping/receiving department forwards you the packing slips with the quantities verified (or discrepancy reports when the received quantities do not agree with purchase order quantities). Choose a company that you want.
The policies and procedures should be drafted as follows:
Responsibilities
The Controller/Chief Accountant is responsible for …..
The Head of Accounts Payable (you) is responsible for …..
Accounts Payable Personnel are responsible for ….
Shipping and Receiving is responsible for ….
Purchasing Department is responsible for ….
Procedures (Procedures usually follow the process flow)
1. The Purchasing Department will ensure that copies of all executed purchase orders are entered into the “Vendors/Create Purchase Orders” section of QuickBooks within two working days from date of execution. Purchase order information will contain, at a minimum,
a. Inventory item number and description
b. Unit price
c. Expected ship date
d. Terms of the sales
e. All agreed to additive costs including freight-in, handling, sales tax, etc.
f. The buyer name and phone number
g. The seller contact name, phone number, and email.
2. The Shipping/Receiving Department will ….
3. Etc etc
Here is just an example, yours should not be totally the same. For the exactly similar one I will not grade you.
Accounting 215 – Accounts Receivable/Accounts Payable – Spring 14 2
Page 1 of 4
AP-101
Processing Payments
Prepared By: Accounts Payable
Approved By: Brian Laffey
Effective Date: 10/31/2011
Purpose
• Safeguard the university’s assets by preventing duplicate payments;
• Manage negotiated pricing arrangements
• Process payments in a timely manner to take advantage of earned discounts;
• Comply with escheat laws
• Manage the university’s operating cash for maximum benefit.
Policy
Accounts Payable has the sole authority to process payments using the IIT Banner System except for .
Page 1 of 4 AP-101 Processing Payments Prepare.docxalfred4lewis58146
Page 1 of 4
AP-101
Processing Payments
Prepared By: Accounts Payable
Approved By: Brian Laffey
Effective Date: 10/31/2011
Purpose
• Safeguard the university’s assets by preventing duplicate payments;
• Manage negotiated pricing arrangements
• Process payments in a timely manner to take advantage of earned discounts;
• Comply with escheat laws
• Manage the university’s operating cash for maximum benefit.
Policy
Accounts Payable has the sole authority to process payments using the IIT Banner System except for payment
made through use of the IIT issued Procurement Card
Definitions
• Encumbered goods and services – items that commit budget funds to specific purchases.
• Unencumbered goods and services – funds that are available to be used for future purchase requirements
through the end of the current fiscal year.
• IIT Banner System – the electronic system used for recording all accounting related transactions
• Banner invoice number – a Banner generated reference number assigned to vendor invoices
• Regular Pay – Payments made referencing a Banner generated purchase order
• Direct Pay – Payments made that do not reference a Banner generated purchase order
• Ordering Department’s Authorized Approver – the individual authorized to approve the accuracy of a
vendor’s invoice, receipt of goods and/or services, and payment to the vendor. By policy, this person is
not the same as the person requisitioning the goods and/or services.
• Verified copy of a vendor invoice is one that is not an original invoice, but has been verified as unpaid
through a review of the vendor records
Procedures
Processing payments begins with the delivery to the Accounts Payable Department of either an:
• Original vendor invoice
• Verified copy of a vendor invoice;
• Request for Wire Transfer
• IIT Request for Check; or
• IIT Employee Travel and Expense Report..
Upon receipt of these documents, Accounts Payable will process each in the following manner:
Page 2 of 4
Vendor Invoice / Regular Pay / Encumbered Goods and Services
• Examine vendor invoice to identify IIT purchase order number and invoice date
• If there is no IIT purchase order number cited, AP will contact the vendor to identify the ordering party
and then will contact that person to get the purchase order number.
• Access IIT purchase order information on the Accounts Payable screens in IIT Banner
• Compare invoice to information listed for the referenced purchase order
• If the information on the invoice accurately corresponds to the IIT purchase order, that information is
entered into Banner generating a Banner invoice number and a record of the invoice information
• If the information does not correspond to the IIT purchase order Accounts Payable will notify the ordering
party of the need to resolve or accept differences and possibly enter a Request for Change Order to
amend the purchase order.
Request for.
12 CRITICAL SLIDES Title slide your company’s name, a sho.docxhyacinthshackley2629
12 CRITICAL SLIDES
Title slide: your company’s name, a short company description, name of presenter(s) if presenting in person.
Your elevator pitch: a succinct description of your products or services, market, and competitive advantages. Use
vibrant language, and if possible, embed audio or video to demonstrate your product or service.
Page 1 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Size of opportunity: this is what investors — VCs even more so than angels — want to know. To what size can
your company potentially grow and what are your plans for future development?
Your specific target customers: who they are and the customer needs that your product or service will meet.
The market size: numbers and dollars, past growth, growth forecasts.
Page 2 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
The competition: division of market share, how your product compares to theirs, your value proposition in
comparison to the competition’s, and barriers to entry.
Your team: who they are, their past successes and experience, and why they are qualified to do the job.
The business model: how you will distribute your product, pricing strategies, how you will reach your customers.
Page 3 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Milestones: a time line that outlines when you expect to reach key achievements.
Financials: a brief summary of key points from your income statement, balance sheet, and/or cash flow
projections.
Page 4 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Funding: how much you are asking for in this round, how many future rounds are expected, how much you will
request during those rounds, and how the funds will be used.
The investment opportunity: potential exit strategies and financial return for investors.
Page 5 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Accounts Payable/Accounts Receivable
Special Project
Policies and Procedures for Ensuring the 3-Way Match Occurs before Paying Invoice
This Special Project is worth 100 points and is due no later than June 8th, the date of the final exam. This is not a group project. Each student is required to prepare individual responses. A deduction of 20 points will be made for evidence of joint preparation. Late assignments will be given no points.
I would expect responses to vary in length but do not anticipate anything less than 3 pages.
Instructions:
Now that you are somewhat familiar with the payables function in QuickBooks, you no doubt realize that the software does not include a feature that ensures a three-way match is made/has been made prior to paying an invoice. It is largely a manual process.
You first job as the newly appointed head of the Accounts Payable departm.
The Indian Foreign Direct Investment (FDI) policy defines “e-commerce” to
mean buying and selling of goods and services including digital products over a
digital and electronic network.
Vat return review and refund application in uaeFiyona Nourin
HLB HAMT provides return review services in UAE as a part of Tax Agent services or consultants services where filing of accurate return on timely basis will be ensured.
COMPREHENSIVE GUIDE TO VAT REFUNDS_ ELIGIBILITY, PROCESSES, AND TIPS FOR MAXI...akmhouse1132
Value Added Tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. The amount of VAT that the user pays is on the cost of the product, less any of the costs of materials used in the product that have already been taxed. A VAT refund allows individuals or businesses to reclaim the VAT they have paid on goods or services, domestically or abroad.
Understanding who is eligible for a VAT refund and how to apply is crucial, especially in regions with complex tax systems like the UAE. This introduction will delve into the essentials of VAT refunds, highlighting eligibility criteria for tourists and businesses and outlining the general VAT refund process in the UAE. It’s essential to thoroughly grasp local regulations to navigate this process and ensure that you or your business can reclaim eligible VAT expenses.
What is Value Added Tax (VAT)?
**An indirect tax imposed at each stage of production and supply.
**In general, the ultimate consumer is the one who bears the full cost of this tax while the business collects and
calculates the tax and pays it in favor of the state.
**A 5% is imposed on multiple production stages with the right to deduct taxes on inputs from taxes collected
from production outputs.
**The tax is collected each stage of the economic cycle (production, distribution, consumption)
Value added = Sale Price – Purchasing or Production cost
Compliance Mastery: Tips For Legal Landing PagesAffiliate Summit
A comprehensive overview of the ever-changing world of compliance governing affiliate marketing, including a live review of a landing page and sales page.
Experience level: Beginner, Intermediate, Advanced
Target audience: Affiliate/Publisher
Niche/vertical: FTC
Amber Paul, Vice President, Business Development, Globalwide Media (Twitter @ambspaul) (Moderator)
Sarah Cabello, Attorney, S. Cabello, PLLC
Sarah de Diego, Attorney, De Diego Law
Aaron Kelly, Attorney, Kelly / Warner, PLLC (Twitter @aaronklaw)
CJ Montgomery, Attorney at Law, Online Legal Group
Presentation by Neil O'Brien of Accentis Chartered Accountants to highlight the changes brought in by the EU VAT MOSS changes. Pertinent for digital businesses who sell 'electronic services' and 'digital products'
En ebook-e-invoicing-under-gst-applicability-updates-mandates-and processNiranjanaDhumal
This e-book also answers further questions such as: why e-invoicing under GST is being implemented in India? How is an e-way bill generated with the e-invoicing process? How can you benefit from a solution to seamlessly transition towards GST e-invoicing? What should you expect and need from an e-invoicing software before settling for a solution?
Similar to Tax Guidelines for E-Commerce Transactions in the Philippines (20)
The Exciting and Challenging Marketing Communication CareerJanette Toral
A presentation made by Janette Toral at PitchCon (November 12, 2022) on marketing communication as a concept and career.
But more specifically, a presentation on the fascinating challenge of becoming a marketing practitioner that answers the question: "What do marketing communication practitioners actually do?"
Key Talking Points:
* General introduction to the concept marketing communication
* A day-to-day timeline of what they do as marketing professionals
* Challenges of their profession
Common myths in the marketing profession debunked
* Overview of what Marketing and PR professionals do in their daily lives at work and outside it
* What's in it for aspirants considering pursuing a similar path
Web Research V2 - Virtual Assistance 101Janette Toral
Lesson 1 of 5 in the Basic Virtual Assistance 101 learning series tackling Web Research. Delivered by Janette Toral.
Sign-up to be included at http://www.bloggingfromhome.com/2018/04/free-basic-virtual-assistance-101.html
How Blockchain will change E-Commerce & Digital Marketing?Janette Toral
Janette Toral shared insights on the impact of blockchain on e-commerce and digital marketing last July 6, 2017 at Blockchain Summit Manila (Belmont Hotel, Makati City).
Ad Standards Council (Philippines) For Responsible Advertising Guidebook (as ...Janette Toral
Thank you IMMAP Ed Mapa and Aye Ubalde for sharing a copy of this guidebook that contains policy and guidelines being observed by the council including Manual of Procedures, Code of Ethics, and Frequently Asked Questions.
Digital Guidelines for Non-Regulated Categories and Regulated CategoriesJanette Toral
Ad Standards Council digital rules that covers:
1. Sponsored or paid blog posts and testimonials in the form of posts / comments..
2. Ads paid in Google, Adwords, Facebook banners, etc.
3. Owned content.
These will be implemented on February 15, 2017.
Digital Influencers Panel: Travel & Tourism Internet User Survey 1st editionJanette Toral
Survey done last May 1 to 15, 2016 by Janette Toral. This is part of her initiative in forming a Digital Influencers Panel.
To get a copy of the 2nd edition, join the survey at https://goo.gl/forms/UMZjAF8dyxBJ6yhg1
The updated report will be presented at the E-Commerce Entrepreneurs Summit this January 2017 as part of the "State of E-Commerce in the Philippines Multi-Sectorial Report". Details at http://www.ecomsummit.asia
When doing business online, entrepreneurs need to know about the Philippines E-Commerce Law or Republic Act 8792. Making sure their systems and processes are compliant. Know about the legal accountabilities indicated in the law.
Learn more at
http://ecommercebootcamp.digitalfilipino.com/lesson/the-e-commerce-law/
Read the full text at
http://digitalfilipino.com/the-philippines-e-commerce-law-republic-act-no-8792/
Protect the Thresher Shark Briefing #PHSayYes #WorldSayYesJanette Toral
Let us join the petition asking the Philippines delegation to CITES to vote YES in protecting the endangered thresher shark - pushing for its inclusion in the "Convention on the International Trade in Endangered Species of Wild Fauna and Flora" appendix II. You can join the appeal at https://www.change.org/p/philippines-vote-yes-for-threshers
This briefing was given by AA Yaptinchay of Marine Wildlife Watch of the Philippines (https://www.facebook.com/marinewildlifewatchofthephilippines/) last September 2 at the Bloggers Advocacy Briefing organized by Janette Toral.
The 4th Strategic Recruitment and Talent Selection SummitJanette Toral
Janette Toral will be one of the resource persons in "The 4th Strategic Recruitment and Talent Selection Summit" to talk on "Best Practices in Recruitment in HyperGrowth Organizations" this April 26 and 27, 2016 at The Pan Pacific Hotel Manila. Call Indu Inferentia Management Consultancy at tel: 506.0064 966.0449, 624.9233, 0917.551.6528, 0917.551.6582 for inquiries.
Developing a Full E-Commerce Business (March 31 Training Flyer)Janette Toral
I am glad to support the Department of Trade and Industry and Philippine Trade Training Center in conducting this training in partnership with several industry players focused on:
@ E-Commerce Marketplace - vendor accreditation
@ E-Commerce Shop - online store creation
@ Payment Provider - accept payments online
@ Mobile Payment provider - accept credit / debit / mobile payments through a mobile device.
Access to this training will be given to 35 MSMEs for free who will be able to submit the requirements as indicated. I hope you can participate.
The Bangko Sentral ng Pilipinas is pushing for the passage of the Payment Systems Act that aims to provide supervision and regulation on payment systems in the Philippines.
National Retail Payment System and the Philippine E-Commerce RoadmapJanette Toral
Brief document about the National Retail Payment System (NRPS) as presented during the Philippines E-Commerce Roadmap launch last February 2, 2016. The NRPS is a policy and regulatory framework that aims to establish a safe, efficient, reliable and affordable retail payment system in the Philippines.
Philippine Roadmap for Digital Startups 2015 and BeyondJanette Toral
Document was launched at Geeks on a Beach (August 20, 2015) for public discussion. An initiative led by the Department of Science and Technology - Information and Communications Technology Office (DOST-ICTO).
Its action areas include:
1. Intellectual Property Rights
2. Internet Infrastructure
3. Science Parks and Innovation Hubs 4. Legislation/Policy
5. Grassroots Activities
6. Funding and Investment
7. Umbrella Organization
8. Research and Development
9. Education
10. Open-sourced Information
11. Collaboration
12. Government Role
The Philippine Competition Law was ratified into law last July 21, 2015. In the Philippines E-Commerce Roadmap, this law was deemed as a critical component in resolving Internet connectivity challenges on a long-term as it provides legal remedies for unfair competition that puts consumers in cost and service disadvantage. Salient features of the law can be found at http://digitalfilipino.com/salient-features-of-republic-act-10667-philippine-competition-act/
Philippines E-Commerce Roadmap - July 16 DRAFTJanette Toral
With the permission of the Department of Trade and Industry E-Commerce Office, I am sharing the latest version of the Philippines E-Commerce Roadmap with revisions as of July 16, 2015.
With the permission of the Department of Trade and Industry E-Commerce Office, sharing with you the "as of JULY 9 draft version" of the Philippines E-Commerce Roadmap presented last July 9 in a stakeholders consultation session at Baguio Country Club. Earlier, stakeholder consultations took place in Davao (June 30), Cebu (July 6), Manila (5 sessions), and online webinars (4 sessions).
Philippines E-Commerce Roadmap 2015 to 2020 - June 30 DRAFTJanette Toral
With the permission of the Department of Trade and Industry E-Commerce Office, herein is the June 30 version of the Philippines E-Commerce Roadmap draft. Its document version that is currently being edited can be found at http://bit.ly/ecomroadmap
Parties are encourage to give inputs by sending eco@dti.gov.ph an email.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
Tax Guidelines for E-Commerce Transactions in the Philippines
1. Tax
Guidelines
for
E-‐Commerce
Transactions
in
the
Philippines
Jane%e
Toral
DigitalFilipino.com
Source:
h%p://digitalfilipino.com/tax-‐guidelines-‐e-‐commerce-‐transac>ons-‐philippines/
2. BIR
Revenue
Memorandum
Circular
55-‐2013
• Reitera>ng
Taxpayers’
Obliga>ons
in
Rela>on
to
Online
Business
Transac>ons
• August
5,
2013
3. Kinds
of
E-‐Commerce
Transactions
• Business
to
Consumer
(“B2C”)
which
involves
online
stores
selling
goods
and
services
to
final
consumers
• Consumer
to
Consumer
(“C2C”)
• Business
to
Business
(“B2B”)
which
encompasses
job
recruitment,
online
adver>sing,
credit,
sales,
market
research,
technical
support,
procurement
and
different
types
of
training
4. E-‐Commerce
Business
Tax
Registration
• (1)
Register
the
business
at
the
Revenue
District
Office
(RDO)
having
jurisdic>on
over
the
principal
place
of
business/head
office
(or
residence
in
case
of
individuals),
• by
accomplishing
BIR
Form
1901
(for
individuals)
or
1903
(for
corpora>ons
or
partnerships),
and
• pay
the
registra>on
fee
to
any
Authorized
Agent
Bank
(AAB)
located
within
the
RDO.
• A
BIR
Cer>ficate
of
Registra>on
shall
be
issued
by
the
RDO,
reflec>ng
therein
the
tax
types
required
of
the
concerned
taxpayer
for
filing
and
payment,
which
shall
be
displayed
conspicuously
in
the
business
establishment;
5. E-‐Commerce
Business
Tax
Registration
• (2)
Secure
the
required
Authority
to
Print
(ATP)
invoices/
receipts
and
register
books
of
accounts
for
use
in
business,
which
may
either
be:
• a)
Manual
books
of
accounts,
booklets
of
invoices/
receipts,
accoun>ng
records
or
loose-‐leaf
of
such;
• b)
Computerized
Accoun>ng
System
(CAS)
and/or
its
components
including
e-‐Invoicing
System
under
Revenue
Memorandum
Order
(RMO)
No.
21-‐2000
as
amended
by
RMO
No.
29-‐02.
6. E-‐Commerce
Business
Tax
Registration
• (3)
Issue
registered
invoice
or
receipt,
either
manually
or
electronically,
for
every
sale,
barter,
exchange,
or
lease
of
goods
and
proper>es,
as
well
as
for
every
sale,
barter,
or
exchange
of
service.
• Said
invoice
or
receipt
shall
conform
to
the
informa>on
requirements
prescribed
under
exis>ng
revenue
issuances,
and
shall
be
prepared
at
least
in
duplicate,
• the
original
to
be
given
to
the
buyer
and
• the
duplicate
to
be
retained
by
the
seller
as
part
of
the
la%er’s
accoun>ng
records;
7. E-‐Commerce
Business
Tax
Registration
• (4)
Withhold
required
creditable
/
expanded
withholding
tax,
final
tax,
tax
on
compensa>on
of
employees,
and
other
withholding
taxes.
• Remit
the
same
to
the
Bureau
at
the
>me
or
>mes
required,
and
• Issue
to
the
concerned
payees
the
necessary
Cer>ficate
of
Tax
Withheld.
8. E-‐Commerce
Business
Tax
Registration
• (5)
File
applicable
tax
returns
on
or
before
the
due
dates,
• Pay
correct
internal
revenue
taxes,
and
• Submit
informa>on
returns
and
other
tax
compliance
reports
such
as
the
• Summary
List
of
Sales/Purchases
(SLS/P),
• Annual
Alpha
List
of
Payees,
etc.,
at
the
>me
or
>mes
required
by
exis>ng
rules
and
regula>ons;
9. E-‐Commerce
Business
Tax
Registration
• (6)
Keep
books
of
accounts
and
other
business/accoun>ng
records
within
the
>me
prescribed
by
law,
• Shall
be
made
available
any>me
for
inspec>on
and
verifica>on
by
duly
authorized
Revenue
Officer/s
for
the
purpose
of
ascertaining
compliance
with
tax
rules
and
regula>ons.
10. Neutral
Tax
Treatment
• The
exis>ng
tax
laws
and
revenue
issuances
on
the
tax
treatment
of
purchases
(local
or
imported)
and
sale
(local
or
interna>onal)
of
goods
(tangible
or
intangible)
or
services
shall
be
equally
applied
with
no
dis>nc>on
on
whether
or
not
the
marke>ng
channel
is
the
internet
/
digital
media
or
the
typical
and
customary
physical
medium.
11. Types
of
Online
Business
Transactions
(and
taxes
that
shall
apply)
13. Online
Shopping
/
Online
Retailing
• Consumers
directly
buy
goods
or
services
from
a
seller
over
the
internet
without
an
intermediary
service.
• An
online
shop,
e-‐shop,
e-‐store,
internet
shop,
web
shop,
web
store,
online
store,
or
virtual
store
evokes
the
physical
analogy
of
buying
products
or
services
at
a
bricks-‐and-‐mortar-‐retailer
or
shopping
center.
14. Online
Merchant
/
Retailer
• If
buyer’s
payment
is
thru
credit
card
companies:
The
Online
Merchant/
Retailer
is
obliged
to
• (a)
issue
electronically
the
BIR
registered
Invoice/OR
for
the
full
amount
of
the
sale
to
the
buyer;
• (b)
issue
acknowledgment
receipt
to
the
credit
card
company
for
the
amount
received;
and
• (c)
pay
the
commission
of
credit
card
company
net
of
10%
Expanded
Withholding
Tax
(EWT).
15. Buyer
/
Customer
• The
Buyer/Customer
is
required
to
• (a)
receive
the
Payment
Confirma>on,
under
the
name
of
the
merchant,
for
the
purchase
price
charged
by
the
credit
card
company;
and
• (b)
receive
Invoice/OR
from
the
merchant
upon
delivery
of
the
goods
or
performance
of
service.
16. Online
Merchant
/
Retailer
• If
buyer’s
payment
is
thru
the
banks:
The
Online
Merchant/Retailer
is
obliged
to
• (a)
issue
Invoice/OR
to
the
buyer
for
the
payment
of
the
goods/services;
and
• (b)
issue
acknowledgment
receipt
to
the
bank
for
the
amount
received.
17. Buyer
/
Customer
• The
Buyer/Customer
is
required
to
• (a)
receive
validated
copy
of
the
deposit
slips
made
in
the
name
of
the
merchant;
and
• (b)
receive
Invoice/OR
from
the
merchant
upon
delivery
of
the
goods
or
performance
of
service.
18. Online
Merchant
/
Retailer
• If
buyer’s
payment
is
Cash
on
delivery
or
in
the
office
of
merchant
(on
sale
of
goods
for
pick-‐up
by
the
customer):
The
Online
Merchant/Retailer
is
required
to
• issue
either
electronically
or
manually
the
BIR
registered
Invoice/OR
for
the
full
amount
of
the
sale
to
the
buyer.
19. Buyer
/
Customer
• Cash
on
delivery
or
in
the
office
of
merchant
(on
sale
of
goods
for
pick-‐up
by
the
customer):
The
Buyer
/
Customer
is
required
to
• receive
either
the
electronic
or
manual
registered
Invoice
/
OR
(official
receipt)
for
the
full
amount
of
payment
made
to
merchant
/
retailer.
21. Online
Intermediary
Service
• Third
party
that
offers
intermedia>on
services
between
two
trading
par>es.
• Acts
as
a
conduit
for
goods
or
services
offered
by
a
supplier
to
a
consumer,
and
receives
commission
therefor.
• Rela>onship
between
the
intermediary
and
the
merchant
shall
be
that
of
a
principal-‐agent
rela>onship
which
shall
be
governed
by
their
agreement
including
but
not
limited
to
the
amount
of
commission,
manner
of
transmihng
the
same,
etc.
22. Online
Intermediary
Service
• If
paid
through
credit
card
and
banks
• (a)
issue
the
merchant’s
acknowledgement
receipt
(for
goods)
/
OR
(for
services)
for
buyer
to
claim
the
goods/service
• (in
this
case,
the
merchant
ac>ng
as
the
principal
shall
assign
a
number
of
pads
of
such
receipt
to
the
intermediary/agent);
• (b)
ensure
merchant
delivers
the
goods
to
buyer
with
accompanying
invoice
or
merchant
performs
the
purchased
service;
• (c)
issue
OR
to
merchant
for
the
full
amount
of
the
agreed
commission,
and
reflec>ng
therein
the
amount
withheld
by
merchant.
23. Online
Intermediary
is
Merchant
/
Retailer
when….
• When
consumers
buy
goods
or
services
from
an
intermediary
service
provider
who
controls
such
collec>on
of
buyers’
payments,
and
thereaier
receives
commission
from
the
merchant
/
retailer.
• When
the
intermediary
markets
mul>ple
products
for
its
own
account
(considered
retailer
or
merchandiser
as
to
the
said
products).
24. Online
Intermediary
is
Merchant
/
Retailer
• If
paid
thru
credit
card
• (a)
issue
electronically
the
invoice/OR
for
the
full
amount
of
the
sale
to
the
buyer;
• (b)
issue
acknowledgment
receipt
to
the
credit
card
company
for
the
amount
received;
• (c)
pay
the
commission
of
credit
card
company
net
of
10%
EWT
• (d)
remit
the
balance
to
the
merchant
retailer
net
of
intermediary’s
agreed
mark-‐up/commission
(include
in
the
said
remi%ance
to
merchant/retailer
the
10%
EWT
to
be
remi%ed
by
merchant
to
the
BIR)
25. Online
Intermediary
is
Merchant
/
Retailer
• If
paid
thru
banks
• (a)
issue
the
invoice/OR
for
the
full
amount
of
the
sale
to
the
buyer;
•
(b)
issue
acknowledgment
receipt
to
the
bank
for
the
amount
received;
• (d)
remit
the
amount
to
the
merchant
retailer
net
of
intermediary’s
agreed
mark-‐up/
commission
• (include
in
the
said
remi%ance
to
merchant/
retailer
the
10%
EWT
to
be
remi%ed
by
merchant
to
the
BIR)
26. Online
Intermediary
Sellers
• If
paid
by
Cash
on
delivery
or
in
the
office
of
merchant
(on
sale
of
goods
for
pick-‐up
by
the
customer):
Online
Intermediary
Sellers
are
required
to
• secure
the
invoice
/
OR
from
the
merchant
before
delivery
of
goods
to
buyer
/
performance
of
service
and
to
• issue
either
electronically
or
manually
the
BIR
registered
Invoice/OR
for
the
full
amount
of
the
sale
to
the
buyer.
• Issue
OR
for
the
amount
of
commission
received,
if
agent
28. Online
Advertisement
/
ClassiNied
Ads
• Online
adver>sing
is
a
form
of
promo>on
that
uses
the
internet
to
deliver
marke>ng
messages
to
a%ract
customers.
29. Online
Advertisement
/
ClassiNied
Ads
• The
Adver>sing
En>ty
is
obliged
to
• issue
either
electronically
or
manually
the
BIR
registered
invoice
/
OR
to
the
merchant
or
retailer
for
the
full
amount
of
adver>sing
fee
(amount
received
is
net
of
withholding).
• Consequently,
it
shall
receive
from
the
adver>ser/merchant
at
the
prescribed
>me
a
Cer>ficate
of
Creditable
Tax
Withheld
at
Source
(Form
2307)
for
the
amount
of
tax
withheld.
30. Online
Advertisement
/
ClassiNied
Ads
• Merchant/Retailer
as
online
adver>ser
is
obliged
to
• (a)
pay
the
online
adver>sing
en>ty
for
the
adver>sing
fee,
net
of
2%
EWT;
• (b)
receive
from
said
en>ty
the
BIR
registered
electronic
copy
or
original
copy
of
manually
issued
OR
for
the
amount
of
adver>sing
fee
paid;
and
• (c)
remit
to
BIR
the
EWT
from
the
adver>sing
en>ty.
31. For
credit
card,
banks,
cash
payment
• Same
process
for
online
shopping
/
online
retail
shall
apply.
33. Online
Auction
• These
are
auc>ons
conducted
through
the
internet
via
an
online
service
provider
that
specifically
hosts
such
auc>ons.
• Through
this
service,
the
seller
sells
the
product
or
service
to
the
person
who
bids
the
highest
price.
34. Auction
Webstores
• If
buyer’s
payment
for
voucher
/
coupon/
bid
packs
is:
thru
credit
card
companies:
Auc>on
Webstores
are
required
to
• (a)
Issue
electronically
the
BIR
registered
Invoice
/
OR
(official
receipt)
to
the
buyer
for
the
purchase
price
of
bid
packs
(fee
for
right
to
par>cipate
in
the
bidding);
• (b)
Issue
acknowledgment
receipt
to
the
credit
card
company
for
the
amount
received;
and
• (c)
Pay
the
commission
of
credit
card
company
net
of
10%
WT.
35. Auction
Webstores
• If
buyer’s
payment
for
voucher
/
coupon/
bid
packs
is:
thru
banks:
Auc>on
Webstores
are
likewise
required
to
• (a)
issue
Invoice/OR
to
the
depositor-‐buyer
for
the
payment
of
the
bid
packs;
and
• (b)
issue
acknowledgment
receipt
to
the
bank
for
the
amount
received
36. Auction
Webstores
• Sale
of
Auc>oned
Item
to
the
highest
bidder:
Auc>on
Webstores
are
obliged
to
• issue,
either
electronically
or
manually,
the
BIR
registered
Invoice/OR
for
the
winning
bid
price
to
the
buyer/bid
winner.
• The
above
paragraph
shall
apply
for
payments
received
thru
the
modes
discussed.
38. Payment
Gateways
• Payment
gateways/payment
se%lement
en>>es
refer
to
• Banks
or
other
organiza>ons
and
third
party
se%lement
organiza>ons
that
has
contractual
obliga>on
to
make
payment
to
par>cipa>ng
payees
in
the
se%lement
of
the
transac>ons.
• These
include,
but
are
not
limited
to,
credit
card
companies,
banks,
financial
ins>tu>on,
and
bill
paying
services.
39. Payment
Gateways
• Credit
Card
Companies
are
obliged
to
• (a)
Issue
Payment
Confirma>on,
in
the
name
of
the
merchant-‐seller,
for
the
purchase
price
charged
to
buyer;
• (b)
Remit
to
merchant-‐seller
the
price
less
EWT
of
½
of
1%;
• (c)
Remit
to
BIR
the
EWT
of
½
of
1%;
and
• (d)
Receive
agreed
commission
from
merchant,
net
of
EWT
of
10%.
41. Payment
Gateways
• Banks
(over
the
counter)
are
obliged
to
• (a)
issue
validated
bank
deposit
slips
in
the
name
of
merchant
to
the
depositor-‐
buyer;
and
• (b)
remit
the
amount
to
the
merchant.
42. Freight
Forwarders
and
Online
Website
Administrators
• Freight
Forwarders
and
Online
Website
Administrators
are
likewise
obliged
to
• Issue,
either
electronically
or
manually,
the
BIR
registered
OR
for
the
service
fees
paid
by
the
merchant
or
adver>sers.
43. Penalties
• Any
person
engaged
in
internet
commerce
who
fails
to
comply
with
applicable
tax
laws,
rules
and
regula>ons
shall
be
subject
to
• The
imposi>on
of
penal>es
provided
for
under
the
exis>ng
laws,
rules,
and
regula>ons,
in
addi>on
to
the
imposi>on
of
penal>es
pursuant
to
the
applicable
Sec>on/s
under
Chapters
II
and
IV,
Title
X
of
the
Na>onal
Internal
Revenue
Code
of
1997,
as
amended.