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TRAIN Law Overview and Implications by Kent Elmann Cadalin is a document available to read on EtoBox.
What is TRAIN Law Overview and Implications about?
The document provides a policy analysis of Republic Act No. 10963 (TRAIN Law) in the Philippines. Some key points: - The TRAIN Law was enacted by Congress and signed by the President to reform taxation. It aims to make the tax system simpler, fairer and more efficient to raise funds for infrastructure and social services. - The law increases excise taxes on petroleum, vehicles, tobacco and sugary drinks. It also expands the VAT base and raises the VAT threshold to exempt small businesses. - While some
- Author
- Kent Elmann Cadalin
- Language
- EN