Home » Posts tagged with » Tax reform

PH tax on sweet drinks could save lives – WHO

The World Health Organization (WHO) has commended the Philippines’ new tax provisions for sugar-sweetened beverages (SSB) in the Tax Reform for Acceleration and Inclusion (TRAIN) Act, saying this move could save people from diabetes and cardiovascular disease.

Married couples can claim tax exemption of up to P500,000 or P250,000 each when they file their 2018 Income Tax Returns next year, the Bureau of Internal Revenue said.

Continue reading …

The Supreme Court was asked yesterday to stop the implementation last Jan. 1 of the Tax Reform for Acceleration and Inclusion Act that was described as “anti-poor.”

Continue reading …

The Department of Trade and Industry has denied the Makabayan bloc’s claim that the Tax Reform for Acceleration and Inclusion Act will do more harm than good for the common Filipino in the long run.

Continue reading …
‘Tax reforms to bring about inclusive growth’

Senator Juan Edgardo “Sonny” Angara, on New Year’s Eve, expressed hope that reforms under the Tax Reform for Acceleration and Inclusion (TRAIN) law would finally bring about inclusive growth to all Filipinos especially the poor.

Continue reading …
Duterte signs P3.767-T national budget, TRAIN

President Rodrigo Duterte yesterday signed into law the Tax Reform for Acceleration and Inclusion (TRAIN) which will generate about P130 billion in revenues and the General Appropriations Act of 2018, two laws aimed to accelerate infrastructure projects in the country under the “Build, Build, Build” program of the administration.

Continue reading …
Page 1 of 212