Train Law

The Tax Reform for Acceleration and Inclusion Act, officially cited as Republic Act No. 10963, is the initial package of the Comprehensive Tax Reform Program signed into law by President Rodrigo Duterte on December 19, 2017.TRAIN consists of revisions to the National Internal Revenue Code of 1997, or the Tax Code. This reform includes packages that make changes in taxation concerning the personal income tax, estate tax, donor's tax, value added tax, documentary stamp tax and the excise tax of petroleum products, automobiles, sweetened beverages, cosmetic procedures, coal, mining and tobacco.


The Tax Reform for Acceleration and Inclusion (TRAIN) is the first package of the comprehensive tax reform program (CTRP) envisioned by President Duterte’s administration, which seeks to to correct a number of deficiencies in the tax system to make it simpler, fairer, and more efficient. It also includes mitigating measures that are designed to redistribute some of the gains to the poor.

Through TRAIN, every Filipino contributes in funding more infrastructure and social services to eradicate extreme poverty and reduce inequality towards prosperity for all. TRAIN addresses several weaknesses of the current tax system by lowering and simplifying personal income taxes, simplifying estate and donor’s taxes, expanding the value-added tax (VAT) base, adjusting oil and automobile excise taxes, and introducing excise tax on sugar-sweetened beverages.

http://www.dof.gov.ph/taxreform/index.php/train/
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