Tax 101

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What is tax reform program

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What the tax reform will fund

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Impact on Economy

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Impact on The People

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Latest News

  • IC backs insurance sector-friendly TRAIN

    The Insurance Commission (IC) is supporting the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) as this would make the system more financially inclusive and provide insurers the opportunity to cash in on the massive infrastructure buildup of the Duterte administration that will be partly funded by this tax …Read More »
  • Dominguez cites biz community support for tax reform

    Finance Secretary Carlos Dominguez III has cited the strong support of the American business community for the first package of the Comprehensive Tax Reform Program (CTRP), which, he said, was submitted by the Duterte administration to the Congress for its approval as a way to help the government maintain fiscal …Read More »
  • Automotive industry to benefit from TRAIN

    Contrary to claims that the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) will hurt the local automotive industry, the Department of Transportation (DOTr) said the bill will even benefit vehicle and car parts manufacturers given the projected high demand for alternative public utility vehicles under the jeep modernization …Read More »
  • Pro-poor SSB tax gains wider support

    Assorted institutions have expressed their support for the proposed tax on sugar-sweetened beverages (SSBs), which its main proponent in the Congress has described as a pro-poor measure meant to curve consumption and thus help check the alarming rise in obesity cases among Filipino kids and adults alike. Nueva Ecija Rep. …Read More »
  • BPOs to continue high growth under tax reform

    The thriving business process outsourcing sector will keep its global competitiveness in the export market despite the implementation of a progressive tax reform program because, contrary to the apprehension of certain industry stakeholders, the foreign services of BPO companies in special economic zones (SEZs) will remain exempted from the value-added …Read More »