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Overview of Republic Act No. 10963 by Bianca Taylan Pastor is a document available to read on EtoBox.
What is Overview of Republic Act No. 10963 about?
This document provides a summary of key changes to taxation under Republic Act No. 10963, also known as the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which took effect on January 1, 2018. Some of the major changes include: removing personal and additional exemptions, increasing the tax-exempt bonus ceiling to P90,000, removing preferential tax treatments for some multinational companies, subjecting PCSO to corporate income tax, removing estate tax exemptions, increasing the VAT threshold to P3
- Author
- Bianca Taylan Pastor
- Language
- EN