TAX REMEDIES, TAX ADMINISTRATION AND OTHER TAX LAWS

Serving as a vital part of the corresponding degree programs of the Third year
Accountancy and Management Accounting Students, the Junior Philippine Institute
of Accountants- USJR Chapter has invited Mr. Rex Banggawan, CPA to share his
knowledge regarding the topic, Tax Remedies, Tax Administration and Other Tax
Laws. Held at the CPA Review Center of USJR Main Campus on the ____________, a
detailed and organized discussion was conducted by Mr. Banggawan to easily
portray and instill the relevant information into the minds of the students.
In his discussion, Mr. Banggawan emphasized the procedures or courses of action to
follow for both the government and the taxpayer to avoid any abuses in the
payment of taxes especially on its prescriptive periods. This is to strictly observe the
due process of law for any discrepancies or issues regarding tax payments. To
discourage ignorance of law and to avoid being taken advantage by the others, it is
important to know the nature of possible violations, penalties, etc. to discern
administrative remedies in seeking judicial relief. More than that, the other tax
laws pertain to special laws that would grant tax incentives or exemptions which is
of equal significance to certain taxpayers.
To end the forum, an amount of questions were raised by the Third year students to
Mr. Banggawan especially as to how was he able to attain what he has achieved
right know. With an open heart and mind, Mr. Banggawan shared his life story that
inspired and gave hope to a lot of students who are currently facing struggles on
the third year of their corresponding degree programs. For him, failures are made to
challenge oneself to strive hard, and passion is the fire that ignites the power
within. As he had said, There is nothing impossible with power!