Can I read Impacts of the TRAIN Law in the Philippines on EtoBox?

Impacts of the TRAIN Law in the Philippines by Seth Jarl G. Agustin is a document available to read on EtoBox.

What is Impacts of the TRAIN Law in the Philippines about?

The document discusses the provisions and implications of the Tax Reform for Acceleration and Inclusion (TRAIN) Law passed in the Philippines in 2017. It reduced personal income tax rates and exempted those earning less than 250,000 pesos annually. However, it also increased taxes on petroleum and sweetened beverages to offset revenue losses. While the income tax cuts benefited many, the tax increases impacted small vendors and the poor the most by raising costs of basic goods. The document expresses that w

Author

Seth Jarl G. Agustin

Language

EN