Sign Mississippi Profit Sharing Agreement Template Mobile

Document type sign profit sharing agreement template mississippi mobile

[Music] welcome to our webinar entitled e-signature on vr forms or certificates i'm attorney arnold abdullah and i will be glad to discuss this particular topic to our viewers today but before we proceed with the topic you can point your camera to the qr code in front of you to send any questions clarifications or comments or even requests of any tax topic that you would want me to discuss so let us now proceed to give you a background alam nuban on june 14 2000 our former president joseph era pestrada signed into law the republic at 792 otherwise known as an act providing for the recognition and use of electronic commercial and non-commercial transactions penalties for unlawful use thereof and other purposes which in short is the e-commerce act of 2000. in its declaration of policy it declared that the state recognizes the vital role of information and communications technology in nation building and now 2021 we realize and appreciated the importance of e-commerce app because of the covet 19. we transact electronically whether we file documents or papers to government agencies when paying our purchases and even execute them contracts by signing digitally and with the bir it issued revenue memorandum circular number 29-2021 allowing the use of electronic signature or e-signature on certain bureau of internal revenue forms or certificates and providing the policies and guidelines therefore timing to dahinder in sukhov 19 pademic it lessens your interaction among in payers employees suppliers to accomplish a particular form tanda i know that vir already implemented the e-filing where it saves time and money for the taxpayers and the government because the data is transmitted directly into the bir system electronically reducing input errors pero in addition to the effect of covid19 the bir has also considered the ease of doing business app where it requires government agencies to streamline and reduce the number of processes in transacting with any government business remember that one of the ways to invite investors in the philippines is by showing them how easy to transact with government agencies requirements and government agencies bhagavad ministers the philippines foreign investors so again this rmc was issued based on the electronic commerce act of 2020 where it recognized transactions done electronically with verifiable security features are considered legal and binding this is the age of technology where all of us can now transact electronically without leaving our homes offices and even countries and meet our business partners online and to give you the definition of e-signature it says that e-signature refers to any distinctive mark characteristic and or sound in electronic form representing the identity of a person it means paneling manual signature young gambit nantao as it is distinct and verified by the person signing the document parenting mark mona unique and can be identified to be yours only and it says it is attached to or logically associated with the form or certificate or any methodology or procedures employed or adopted by a person and executed or adopted by such person with the intention of authenticating or approving an electronic data message or electronic document ibxabihin is jung e-signature was intentionally placed on a form or certificate parapatonaya electronic document authentic and anxiety rmc the e-signature includes your digital signature and other methods of electronic signature i guess some of you are already aware that there are some softwares that you can actually sign on an electronic document and can be considered as secured or locked i am not advertising this software better if you will use an adobe acrobat reader it has a feature name portable document format or pdf may have your signature here is a sample where you can sign by typing or drawing a signature or even uploading your signature on the document merending is a method i am not again advertising the software but i came across docusign where you can just type your name and there is a corresponding authentication reference this docusign is being recognized globally because it conforms with the e-commerce app so i have already given you examples of how you place a signature on electronic documents as to digital signature the rmc says it refers to an electronic signature consisting of a transformation of an electronic or an electronic data message using an asymmetric or public cryptosystem pakistan avenatti cryptosystem algorithm needed to implement a particular security service most of the time for achieving confidentiality or encryption then so that such person having the initial and transform electronic and designers public key can actually determine first whether the transformation was created using the private key that corresponds to the signer's public key putting sabihin unique identifier of designer and two whether the initial electronic document had been altered or the transformation was made this means this should be verifiable the telegram change or modification on the document through designer in capacity electronic document it refers to information or the representation of information data figures symbols or other modes of written expression describe or however represented by which take note a right is established or an obligation is extinguished or by which effect may be proved in a firm which is received recorded transmitted stored processed retrieved or produced electronically it means that it is composed of data number symbols in an electronic form which may be a contract that establishes a right or cancels an obligation in short actually any document in electronic form in sabe it includes digitally signed documents so earlier we have discussed on how you can sign documents digitally it could be by drawing typing or even uploading a signature and any printout or output readable by site or other means which accurately reflects the electronic data message or electronic documents for purposes of this rmc the term electronic document may be used interchangeably with electronic data message so it means as long as we use information technology in executing documents except the hard copy that is considered as electronic documents and for br purposes there are certain documents that are now allowed to use e-signatures officially and as proof of transactions we know there are times the madami transaction is on taxpayer and it may take a lot of time parama preparing among certificates even in signing those certificates this is an improvement in the processes required by the bir so the first document is the bir form 2304 which is the certificate of income payment not subject to withholding tax excluding compensation income so this is a portion of bir form 2304 take note that the payer must furnish the payee on or before january 31 of the year following the year in which the income payment was made we also have bir form 2306 which is the certificate of final tax withheld at source this is a certificate to be accomplished and issued by the withholding agent to each recipient of income subject numbers of final tax so the quantum amount of payment should indicate the amount paid and the total taxes withheld and remitted during the period but i'd like to emphasize this refers to income payment subject to final taxes we also have bir form 2307 or the certificate of creditable tax withheld that source al-amnatan that the bir has expanded you make up withholding agents and kailangan din maguid holds among regular supplier of goods and services aside some identified withholding tax rates in this added requirement some withholding agent requires additional time and effort into preparing the certificate cassetti certificate has to be accomplished and issued to recipients of income subject expanded withholding tax paid by a withholding agent including government money payments made by government office showing the monthly breakdown of the total income payments made and total taxes withheld and remitted during the quarter period and lastly we have the br form 2316 which is the certificate of compensation payment tax withheld the use of e-signature definitely is helpful so i'm going to be preparing payroll because it lessened young interactions among employees most especially young iban naka work from honpa so this is an improvement of the process this certificate is to be accomplished and issued to each employee receiving salaries wages and other forms of renumeration and the bir has indicated the policies regarding the e-signatures first is the withholding agents or dually authorized representatives who issued the br forms or certificates have now the option to use the e-signature aside from the manual signature so it means not signature withholding agents so it depends with the withholding agent so they have the option to sign manually the certificates or for ease and convenience use e-signature and the e-signature serves as a functional equivalent of his or her manual signature on the certificate also we have to remember that in case naginamite and withholding agent e-signature we also have to remember the form or certificate to be issued or affixed with e-signature must be the latest version no bi or form or certificate so it makes a big hit among the taxpayers must be updated of the latest bir form or certificates in case the bir makes revision or changes the revised form or certificate shall be used and remember the form or the certificate shall also contain the manual signature or e-signature of the payee or the income recipient in order to be valid in binding agent manual signature or e-signature and the certificate it must also contain the signature of the payee or income recipient or consider also the e-signature gives rise to the following presumption first the signature is that of the person to whom it correlates ibizabehin your e-signature may be identified a particular person second the e-signature was affixed by that person with the intention of authenticating or approving the electronic document to which it is related or to indicate the person's consent to the transaction if it's abn the person who affects his signature authenticated or approved that particular document or the other one is to show his consent on the certificate and the third one is the methods or processes utilized or fixed or verified the e-signature operated without error or fault ibxabi and when the document was issued it was in order and it was regularly processed and remember in case of falsity or misrepresentation in the form or certificate the bir may file a criminal civil or administrative case against that responsible person and remember the penalty that will be imposed is not on the juridical entity but on the partner president general manager treasurer officer in charge and employees ibizabihin hidden juridical entity among liable it is the person responsible for the falsity or misrepresentation and remember make sure that the form or certificate with e-signature will be issued only once some basis issue but in case the income recipient or the pay requested for another copy of the form or certificate but it's a re-issuance a in bixby the original copy was already given to him that he should form a certificate should contain the word reprint watermark in cumbria font and has a font size of 144 in order to avoid jung mcclaim young tax credit twice especially on sabrinilla with bir form 2307 so remember because of the e-commerce act na papa dalinama transactions with government agencies and one of which is the use of e-signature on the bir forms or certificates but always remember the parameters or limitations set by rmc 2021 so that covers our discussion about e-signature on bir form certificates i hope you learned a lot from our discussion if you have further questions or clarifications regarding our topic you can contact us and we will be glad to assist you thank you very much this is attorney arnold day of duos epa i hope to see you in our future videos keep safe and god bless bye you