By Joshua R. Fuentesfina, JD 1 and Donna Lerma Janica A. Paco, JD 1 Source: https://announcement.ph/wp-content/uploads/2019/02/BIR-6.jpg What is the TRAIN law? REPUBLIC ACT No. 10963 more popularly known as the Tax Reform for Acceleration and Inclusion (TRAIN) Program is the first package of the Comprehensive Tax Reform Program (CTRP) that took effect on January 1, … Continue reading R.A. No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Program: On a Right TRAIN Track
IMPACT OF REPUBLIC ACT 11203 ALSO KNOWN AS “THE RICE TARRIFICATION LAW” TO LOCAL FARMERS IN NEGROS OCCIDENTAL
By Jan Jireh Suelo, Arman Davis Pehid andErfem Donasco INTRODUCTION Rice is considered to be the staple food in the Philippines hence, Filipinos are deemed to consume at least 118 kilograms of rice annually. This basically means that as an average, Filipinos ingest about 325 grams of rice on a daily basis.. In order to … Continue reading IMPACT OF REPUBLIC ACT 11203 ALSO KNOWN AS “THE RICE TARRIFICATION LAW” TO LOCAL FARMERS IN NEGROS OCCIDENTAL
A Comparative Study of House Bill No. 4157 – Corporate Income Tax and Incentives Rationalization Act (CITIRA) commonly known as the TRAIN II and National Internal Revenue Code (NIRC) of 1997 on Corporate Taxes
By Reynaldo Omandac, Jr., CPA, Jhazel Vargas Javier, CPA and Joan Pauline G. Guanzon, CPA Introduction It is a commitment of the current administration to make a real positive change for the Filipino people. In order to achieve such, the government initiated a Comprehensive Tax Reform Program (CTRP) which aims to accelerate poverty reduction and to … Continue reading A Comparative Study of House Bill No. 4157 – Corporate Income Tax and Incentives Rationalization Act (CITIRA) commonly known as the TRAIN II and National Internal Revenue Code (NIRC) of 1997 on Corporate Taxes
A Comparative Study Between the Effects on the Implementation of TRAIN Law and the NIRC Towards the Livelihood of Both Upper and Lower Class Filipinos
Objectives This research aims to compare the advantages as well as the disadvantages between the NIRC and the TRAIN Law, the newly implemented tax law that corrects a longstanding inequity of the tax system by reducing the income taxes paid by taxpayers and to fund the President’s Build, Build, Build(BBB) program. It will show the … Continue reading A Comparative Study Between the Effects on the Implementation of TRAIN Law and the NIRC Towards the Livelihood of Both Upper and Lower Class Filipinos