How To Acquire COR and SD | How To Avail 0% Tax

One of our responsibilities as ESL Tutors is Tax Compliance. However, some of us are hesitant to register and comply because of the tedious process of registration, filing and payment.

Actually it's really challenging to file for registration at first. The first year is going to be hard because you need to learn and undergo the laborious process plus the difficulty of understanding tax and accounting parlance, unless you pay for an accountant or bookkeeper to work for you. But, the next years are going to be a piece of cake and that's a guarantee. 

Alright, to make it simple and easy, let's focus on two things first - COR and SD. These are the documents you need to process especially if you want to avail the 0% withholding tax. Here are the sample copies of the documents for your reference:

By the way, I made a video how to acquire and process the Certificate of Registration (COR) and Notarized Sworn Declaration (SD) of Gross Receipts/Sales. Please watch the video here:

Disclaimer: I'm not working in the BIR and also not providing accounting, bookkeeping or tax services. What I shared in this video is my own personal experiences when I applied as a professional to the BIR and followed the steps in acquiring the COR and SD. The video is for training purpose only. Any conflict between this video with Revenue Regulations, Memorandum Circulars, Tax Advisories and the TRAIN Law (R.A. 10963), the latter shall prevail.

For more information about taxes please visit their website here: https://www.bir.gov.ph/ . You can also get information from the Engoo website, just go to the "Announcement" or "Help" section and look for an article about withholding tax. 

Hope you find this video helpful. God bless you all!!!