News and updates for Tax Reform Package 1B

Dominguez cites tax reform as among key achievements of Duterte administration

Tax reform, which has provided income tax cuts for individuals and corporations to unleash their … Continue reading Dominguez cites tax reform as among key achievements of Duterte administration →

Date Posted: July 28, 2021

DOF, BSP making joint push for lifting of bank secrecy in tax amnesty bill

The Department of Finance (DOF) and the Bangko Sentral ng Pilipinas (BSP) will jointly ask … Continue reading DOF, BSP making joint push for lifting of bank secrecy in tax amnesty bill →

Date Posted: October 9, 2019

TRAIN’s P181-B revenues to help raise P3.2-T in 2019

The government aims to raise P3.2 trillion in revenues in 2019, including about P181.4 billion … Continue reading TRAIN’s P181-B revenues to help raise P3.2-T in 2019 →

Date Posted: July 31, 2018

TRAIN removes oppressive rates for delinquent tax payments

The Tax Reform for Acceleration and Inclusion (TRAIN) has done away with punitive and confiscatory … Continue reading TRAIN removes oppressive rates for delinquent tax payments →

Date Posted: February 14, 2018

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