WHAT IS THE

COMPREHENSIVE TAX REFORM PROGRAM?


The Comprehensive Tax Reform Program (CTRP) is needed to accelerate poverty reduction and to sustainably address inequality, in order to attain the President's promise of tunay na pagbabago. By making the tax system simpler, fairer, and more efficient, additional - and a more sustainable stream of - revenues will be generated to make meaningful investments in our people and infrastructure, which will help achieve our vision for the Philippines.
Package 1:
TRAIN
Package 1B:
Tax Amnesty
Package 2:
Corporate Income Tax and Incentives Rationalization
Package 2+:
Sin Taxes
Package 2+:
Mining Taxes
Package 3:
Real Property Valuation
Package 4:
Passive Income and Financial Taxes

Motor Vehicle User's Charge

Package 1: TRAIN

The Tax Reform for Acceleration and Inclusion (TRAIN) under the Comprehensive Tax Reform Program seeks to correct a number of deficiencies in the tax system to make it simpler, fairer, and more efficient. Read more
TitleDownload
Amends RR No. 13-2018, particularly on the use of invoices/receipts of previously registered VAT taxpayers who are now non-VAT taxpayers (Published in Manila Bulletin on August 13, 2018) Download File
Date Posted: July 26, 2019
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Automobile Excise Technical as of 14 Aug 2017 Download File
Date Posted: August 18, 2017
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Automobile excise technical presentation as of 14 Aug 2017 Download File
Date Posted: June 24, 2019
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Automobile excise technical presentation as of 14 Aug 2017 Download File
Date Posted: June 24, 2019
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Package 1B: Tax Amnesty

The Tax Amnesty Act lets errant taxpayers affordably settle their outstanding tax liabilities, allowing for a “fresh start,” while also providing the government with additional revenues for its priority infrastructure and social programs. At the same time, it signals the start of a more aggressive tax enforcement campaign by tax authorities. Read more
TitleDownload
Act: Direct Veto of the President to RA 11213 (Tax Amnesty Act) Download File
Date Posted: July 26, 2019
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Regulations: Implements the provisions of Estate Tax Amnesty pursuant to the provisions of Republic Act 11213 (Tax Amnesty Act) (Published in Malaya Business Insight on May 31, 2019) Download File
Date Posted: July 25, 2019
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Regulations: Implements the rules and regulations of the Tax Amnesty Act, providing for the guidelines on the processing of Tax Amnesty Application on Tax Delinquencies (Published in Malaya Business Insight on April 9, 2019) Download File
Date Posted: July 25, 2019
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Republic Act No. 11213 (Tax Amnesty Act) Download File
Date Posted: July 26, 2019
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Package 1C: Motor Vehicle User's Charge

The motor vehicle users charge (MVUC) was introduced to provide adequate funding for maintenance of national and provincial roads. It also aims to address air pollution from motor vehicles. Read more
TitleDownload

Package 2: Corporate Income Tax and Incentives Rationalization

Package 2 of the Comprehensive Tax Reform Program (CTRP) seeks to lower the corporate income tax (CIT) rate gradually from 30% to 20%, reorient fiscal incentives toward strategic growth industries, and make incentives available to investors who make net positive contributions to society. Read more
TitleDownload
10 reasons why we need to reform the corporate income tax and incentives system – AmCham meeting presentation (September 19, 2019) Download File
Date Posted: September 19, 2019
 Download
10 reasons why we need to reform the corporate income tax and incentives system – Senate WAM presentation (September 17, 2019) Download File
Date Posted: September 17, 2019
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Presentation delivered by Usec. Karl Kendrick Chua: House of Representatives (August 13, 2019) Download File
Date Posted: August 14, 2019
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CTRP Package 2: Corporate income tax and incentives reform act 1-page briefer Download File
Date Posted: August 1, 2019
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Package 2+: Sin Taxes

Package 2+ of the Comprehensive Tax Reform Program includes proposed reforms on mining and sin taxes. Both proposals complement the enacted TRAIN law to generate additional revenues; make the tax system simpler, fairer, and more efficient; and align with President Duterte’s priority programs on social and environmental protection. Read more
TitleDownload
CTRP Package 2+: Sin Taxes for Universal Health Care 1-page briefer Download File
Date Posted: August 1, 2019
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Maximizing Sin Tax Revenues for Health Download File
Date Posted: May 10, 2019
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Maximizing Sin Tax Revenues for Health Download File
Date Posted: June 24, 2019
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Presentation on Package 2+ top 10 rationales delivered by Usec. Karl Kendrick Chua: Senate Committee on Ways and Means (September 5, 2019) Download File
Date Posted: September 5, 2019
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Package 2+: Mining Taxes

Package 2+ of the Comprehensive Tax Reform Program includes proposed reforms on mining and sin taxes. Both proposals are to complement the enacted TRAIN law to generate additional revenues, make the tax system simpler, fairer, and more efficient, and align with President Duterte’s priority programs on social and environmental protection. Read more
TitleDownload
House Bill No. 8618 (Package 2+: Mining taxes) Download File
Date Posted: July 26, 2019
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SB 1979 (Mining) Download File
Date Posted: June 24, 2019
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Package 3: Real Property Valuation

Package 3 of the Comprehensive Tax Reform Program aims to introduce vital reforms to promote the development of a just, equitable, and efficient real property valuation system. Read more
TitleDownload
CTRP Package 3 proposed reform Download File
Date Posted: April 23, 2019
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CTRP Package 3: Real property valuation reform 1-page briefer Download File
Date Posted: August 1, 2019
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House Bill No. 8453 (Package 3: Property Valuation Reform) Download File
Date Posted: July 26, 2019
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Presentation: CTRP Package 3 Basics Download File
Date Posted: April 23, 2019
 Download

Package 4: Passive Income and Financial Taxes

Package 4 of the Comprehensive Tax Reform Program (CTRP) provides a window of opportunity to achieve much-needed tax reform in the financial sector, an ingredient that could fuel and direct the movement of capital to where they are most needed, so that higher, sustainable, and more inclusive growth can be achieved. Read more
TitleDownload
CTRP Package 4: Passive Income and Financial Intermediary Tax Reform 1-page briefer Download File
Date Posted: August 1, 2019
 Download
House Bill No. 8645 (Package 4: Passive income and financial taxes) Download File
Date Posted: July 26, 2019
 Download
Presentation on Package 4 top 10 rationales delivered by Usec. Karl Kendrick Chua: House of Representatives (August 13, 2019) Download File
Date Posted: August 27, 2019
 Download
Presentation: Package 4 Grand PPT as of Jan 30, 2019 Download File
Date Posted: April 23, 2019
 Download

What's New

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10 reasons why we need to reform the corporate income tax and incentives system – AmCham meeting presentation (September 19, 2019)
Category: Publications
Date Posted: September 19, 2019
Former DOF secretaries, eminent economists join top legislators in seeking urgent passage of remaining tax reform packages
Category: News and Updates

Former secretaries of the Department of Finance (DOF) and eminent economists have expressed strong support … Continue reading Former DOF secretaries, eminent economists join top legislators in seeking urgent passage of remaining tax reform packages →

Date Posted: September 19, 2019
10 reasons why we need to reform the corporate income tax and incentives system – Senate WAM presentation (September 17, 2019)
Category: Publications
Date Posted: September 17, 2019
Surge in FDI pledges proves investors not scared of CITIRA—DOF
Category: News and Updates

The Philippine Statistics Authority (PSA)’s recent report on the doubling of foreign direct investment (FDI) … Continue reading Surge in FDI pledges proves investors not scared of CITIRA—DOF →

Date Posted: September 11, 2019
ASEAN members cite TRAIN’s sweetened beverage tax as successful policy—DOF
Category: News and Updates

Fellow member-states of the Association of Southeast Asian Nations (ASEAN) have recognized the Philippines’ excise … Continue reading ASEAN members cite TRAIN’s sweetened beverage tax as successful policy—DOF →

Date Posted: September 11, 2019
Dominguez wants review of fiscal incentives once every two years–like MICC mining audits
Category: News and Updates

Finance Secretary Carlos Dominguez III said that tax incentives given to companies must be reviewed … Continue reading Dominguez wants review of fiscal incentives once every two years–like MICC mining audits →

Date Posted: September 5, 2019
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