tax avoidance street smarts graduation

i guess i came to a point where the small advantages of a street smart tax avoidance technique is well and over my present capacity.  it could still provide me the same tax savings but the personal time needed to explain such to a lot of people will surely eat my personal time.  so in short money saved is not equivalent to specific time spent.

lets define tax avoidance first as compared to tax evasion.  tax evasion is purposely manipulating taxable items to have a lower tax amount.  may it be in manufacturing a support document for a legal dependent, lessening of actual sales declared, hiking up of costs and expenses that has a clear definition in the laws of the land.  tax avoidance however plays on the unclarity of undefined concepts,  vagueness in the generalities placed in the law and the vast possibilities of interpreting vagueness in an acceptable conceptual function.  in short, tax avoidance measures is simply intelligently legal.

i have been acustomed to so much of this thru my observation and virtually full centralization of decision making  in the first 2 months of my new businesses.  i always think if saan yung vague, mali, mali na technically legal and tama and such stuff.  in my accumosaic business, i observed na generally wala naman kaming for sale na item sa kiosk sa sm city iloilo (ofcourse meron din pero it can be easily scrapped out).  So i thought can it be treated like a “billboard”?hehehe  ofcourse kung nakakita tayo nang billboard nang jollibee tapos kumain tayo sa malapit na store, di ba yung sales is considered sa store not sa billboard?hehehe

so yun, my concept is to make folks from the revenue district treat it as a billboard in the hallway of a mall with a personnel just giving out calling cards and entertaining in the process for sales to be treated in consolidation in my small town biz.  (technically parang ganoon pa rin.  nagkaiba lang yung jurisdiction from rdo 74 to rdo 75).  so why?  because sales expectations from the city is different from sales expectations from the towns.  i hope gets nyo na yung point.

pero on 2nd thought, i am now valuing my time to be morethan the 2-3 days in a quarter needed to explain such an occurence to BIR people in the ground tax mapping the business even if big bosses signed an acceptance letter.  The hassle and the 2-3 days time requirement would most likely only be equal to my tax savings if not more.  if iisa lang yung biz ko, ok sana.  in today’s case, parang hassle na kung magstreet smart strategy ako even if it will conceptually work (i guess..hehehe)

billboard sa loob nang mall.hehehe parang kalokohan pero natatawa din ako..hehehe

biological time clock in life

I think Age is one of the prime influencers of my thoughts.  I have a strong desire to be above and well over what people expect for kids of my age.  This is the reason why i get doubly pressured to come up with a working “wow” idea on June which i started developing first quarters of the respective years.  So by the time of august construction requirements are done and before my september 7 birthday it is already up!This week is such a shocker!  Malapit na yung time na di ko na kakayanin eto lahat.  i need a wife!  joke..hehehe We opened on sept 1, 2006 in sm city iloilo.  One of the first few visitors was Sec. Boboy Syjuco of TESDA.  he wants to order 300 framed mosaics to be given as gifts to his friends and family.  we need to finish it before end of november.  just in time for christmas.  i think we couldn’t fill the order because our capacity for our signature hand-made 2 inches thick by 6 inches wide cross-section of wood which is bound without nails is just 1 a day.  our works cost a minimum of 8,000 per frame.

He ofcourse expects a lower price for an economies of scale in the order.  But like the SONY chairman example when he was ordered a lot of walkmans.  Instead of decreasing the price, he increased it because he would need to make new infrastructure improvements to fill in the order.  In our case, we need skilled artisans of wood.  kung pipilitin namin, sigurado quality would be an issue.

Hans Sy is also very interested with our works.  he instructed as a top management of SM Malls that offer sheets for different SM Malls be sent here to iloilo.  He have received faxed offers from SM Mall of Asia, SM  Manila, SM Cagayan De Oro, SM San Lanzaro and other have started calling on my phone for details!  Paano ko to magagawa?  i have a great idea on paper.  Walang provider nang this quality of frames, specialty printing, art photography and digital arts inside sm malls to provide for A-type clients.  Pero we don’t have the capacity.  I started inquiring about subcontracting pero quality is always an issue with a loss of control on the productions system.

I was planning to do all of these after finishing grad school in UP.  i was planning to place all my business segments in all sm malls.  But it came early to a point that i’m now considering dropping the grad school thing and the saturday formal photo schooling.

it’s kind of ironic where there are very small orders at present but the smile of common people seeing our works and spending 10-15 minutes at different vantage points to observe our thing is such a heart-warming experience.  I even said to our people na kahit tabla lang tayo dito ok na.  mabubuhay naman tayo nang iba nating projects.  But i also feel that its about to erupt in proportions we can not handle.  that’s my fear!  an idea so good that we can only watch self destruct with orders we can’t fill.  I can’t also prepare people for the computer graphics part, people for the woods part, people for the sales part ahead of the requirement because we can’t be really sure or can accurately project something that was not even done anywhere.

quite funny.  but the wonders that i push myself to be over my age brings a smile when i and my people look in the eyes in enourmous amazement.  we are questioning ourselves “ano na ni ginapang-ubra ta man?”.  Being 25 tommorow will bring in new preparations to prepare higher level projects before i’ll be 26 on september 7, 2007!

thank you lord!