#TaxReformNow

"A simpler, fairer, and more efficient tax system is needed to promote investment, create jobs, and reduce poverty. Not reforming the tax system will deprive the poor of the necessary social services and infrastructure that can lift them out of poverty and make them more productive contributors to society."

Carlos G. Dominguez Secretary of Finance

CREATE
Corporate Recovery and Tax Incentives for Enterprises Act

In light of the COVID-19 pandemic, Package 2 of the Comprehensive Tax Reform Program (CTRP) was recalibrated to make it more relevant and responsive to the needs of businesses, especially those facing financial difficulties, and increase the ability of the Philippines to attract investments that will benefit the public interest.

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Access the latest presentations on the Comprehensive Tax Reform Program

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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:
CREATE

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

Title	Download
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	Download
Automobile Excise Technical as of 14 Aug 2017 Download File Date Posted: August 18, 2017	Download
Automobile excise technical presentation as of 14 Aug 2017 Download File Date Posted: June 24, 2019	Download
Automobile excise technical presentation as of 14 Aug 2017 Download File Date Posted: June 24, 2019	Download

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

Title	Download
Act: Direct Veto of the President to RA 11213 (Tax Amnesty Act) Download File Date Posted: July 26, 2019	Download
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	Download
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	Download
Republic Act No. 11213 (Tax Amnesty Act) Download File Date Posted: July 26, 2019	Download

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

Title	Download

Package 2: CREATE

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

Title	Download
Republic Act No. 11534 (with veto message) Download File Date Posted: October 14, 2021	Download
CREATE Act IRR Download File Date Posted: May 21, 2021	Download
RA 11534 (CREATE Law) briefing for FINEX Download File Date Posted: April 8, 2021	Download
BBB SOS for CREATE (DPWH, DOTr, DBM, NEDA ,BCDA) consolidated as of 2 June 2020 Download File Date Posted: August 25, 2020	Download

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

Title	Download
CTRP Package 2+: Sin Taxes for Universal Health Care 1-page briefer Download File Date Posted: August 1, 2019	Download
Maximizing Sin Tax Revenues for Health Download File Date Posted: May 10, 2019	Download
Maximizing Sin Tax Revenues for Health Download File Date Posted: June 24, 2019	Download
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	Download

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

Title	Download
House Bill No. 8618 (Package 2+: Mining taxes) Download File Date Posted: July 26, 2019	Download
SB 1979 (Mining) Download File Date Posted: June 24, 2019	Download

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

Title	Download
CTRP Package 3 proposed reform Download File Date Posted: April 23, 2019	Download
CTRP Package 3: Real property valuation reform 1-page briefer Download File Date Posted: August 1, 2019	Download
House Bill No. 4664: Real property valuation (18th Congress) Download File Date Posted: February 10, 2020	Download
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

Title	Download
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: Senate committee hearing delivered by Usec. Karl Kendrick Chua (February 5, 2020) Download File Date Posted: February 5, 2020	Download