President Duterte has instructed the Department of Finance (DOF) to ensure the effective implementation of the Tax Reform for Acceleration and Inclusion Act (TRAIN), and to immediately submit to Congress…
President Duterte’s signing into law of the landmark Tax Reform for Acceleration and Inclusion Act (TRAIN) is the government’s “biggest Christmas and New year’s gift” to the Filipino people as…
Finance Secretary Carlos Dominguez III has thanked the Congress for ratifying the Tax Reform for Acceleration and Inclusion Act (TRAIN) before the legislature takes its traditional yearend break this week,…
An official of the National Economic and Development Authority (NEDA) said the Duterte administration’s Proposed Comprehensive Tax Reform Program (CTRP) will create about half a million jobs over the next…
The lowering of personal income tax (PIT) rates under the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) are in sync with the practices of other countries in the…
Leaders of foreign business institutions and Cabinet officials have reiterated their support for the Tax Reform for Acceleration and Inclusion Act (TRAIN) as a key factor in transforming the country…
The Philippine National Police (PNP) has expressed its “ardent support” for the Tax Reform for Acceleration and Inclusion Act (TRAIN), notably its proposed hefty personal income tax (PIT) cuts for…
Finance Secretary Carlos Dominguez III said the government is now one big step closer to reforming the country's tax system for the first time in over two decades--and providing a…
The Department of Finance (DOF) expects the fuel marking and monitoring system mandated under the proposed tax reform law to be in place by the second half of 2018 as…
Former high-ranking officials of the Department of Finance (DOF) have appealed to the Senate to preserve the revenue requirements under the Duterte administration’s Tax Reform for Acceleration and Inclusion Act…
