SGV Indirect Tax (IDT) Principal Atty. Stephanie “Steph” V. Nava (SVN) was one of the speakers in the 2023 Annual Legal Council of the General Counsel Group of JG Summit Holdings, Inc. (JGSHI) entitled “Art of Letting Go: The Business Closure 101.” About 75 General Counsel Group members and lawyers from various units of the Gokongwei Group attended the assembly.
Certificate of Appreciation awarded to SGV IDT Principal Atty. Stephanie V. Nava
Steph shared her insights on business closure tax-saving tips and insights. She discussed the business cycle — from opening a business to closing one and the corresponding mandatory requirements and processes outlined by pertinent laws, rules or regulations. Steph concluded her discussion by sharing tips and best practices relative to the closure of business including the required submissions to the Bureau of Internal Revenue (BIR), local government unit (LGU), and Bureau of Customs (BOC). Her discussion was followed by a brief question-and-answer portion and an open discussion.
Other speakers were ACCRA Law Partner Atty. Eric R. Recalde, JGSHI Director and Head of Labor Atty. Alfred Pagayatan, and JGSHI Assistant Corporate Secretary Atty. Andre Ria Buzeta-Acero.
Steph and IDT Senior Director Atty. Jo Ann Marie O. Casio coordinated participation in the virtual meeting. Associate Director Atty. Gracia Mae A. Beronilla and Senior Associates Atty. Charlene Joy W. Millares and Atty. James E. Gregorio were also part of the organizing team.