"I just want to magnify the effort of our presenter, Atty. Arnold A. Apdua for actively interacting with the people on the webinar – _on how he handles the questions, even if some are repetitive. He assisted the attendees and guided them with the subject matter. He gave emphasis on the points that are vital and can be easily overlooked.

 

I have attended a lot of presentations, and only a few of those uses key points and reiterate those every now and then, just to confirm that we do understand and everyone is on pace. His gestures of making sure that no one is left behind the flow of the discussion showed that he humbles himself even with his advanced learnings.

 

Atty. Arnold A. Apdua initially made a discussion of the computation of deficiency tax and the corresponding penalties such as surcharge, interest, and compromise penalties under the normal situation and under fraudulent circumstances. He presented the income, gain, interest, and means of income derived from capital, labor, or from both combined as well as the profits arising from property, professions, trade or offices; or a return of capital or increase in the value of the property with realized gain. With his own style of teaching, it is no surprise that no follow-up questions were raised – implying that everybody understood the topic.

 

What strikes me the most is his discussion on the rates and income tax of Domestic Corporation for regular, NSNP, and its classification based on taxable income and net assets, excluding land, beginning of the year. He made it so simple and undeniably easy to understand the corresponding percentages; when reading it on your own would be impossible to comprehend in one sitting fully.

 

Understanding the given information and applying it in real-time paved the way for me to chew on every section of the webinar. If it wasn't for the speaker, I'd be juicing my brain in frustration. I now have a

much better appreciation of the process. I also have a complete understanding of the financial and tax reporting methods that apply.

 

To better understand the excellence of teaching of Atty. Arnold A . Apdua, here is an example of how he answered some questions with clarity.

 

The question was, "Client erroneously paid income tax for gain on sale of property, transaction already subjected to capital gains tax. Is there a way to refund or claim tax credit for the income tax payment?"

 

To which he responded that the taxpayer could apply for a refund or tax credit certificate for erroneous payment. In the alternative, the taxpayer can amend the income tax return to carry over the excess payment if the BIR did not yet issue the Letter of Authority. However, if there is already a Letter of Authority, the taxpayer can no longer amend the said income tax return.

 

On another note, I will surely attend another one of his presentations if time allows me to. I could say in absolute honesty that the presenter is knowledgeable and deeply connected to the topic, making the whole event a smooth sailing one. He is indeed a commendable speaker for imparting his learnings to all of us."