The Duterte Administration has embarked on a tax policy and administration reform plan that will hopefully promote inclusive growth in the near future and propel the country to advanced nation status in the next two decades. Congress has quickly acted on the administration’s tax reform proposals and it is incumbent upon business and all other stakeholders to monitor the developments and actively engage with policymakers so that government will be able to achieve a truly meaningful tax reform.

Please click here for a quick overview of the proposed tax reform plan.

Current Updates

Comparison of House Bill No. 5636 (CTRP Package One) to the present NIRC

On 31 May 2017, the House of Representatives has approved on third and final reading House Bill 5636, also known as the Tax Reform for Acceleration and Inclusion (TRAIN) Act

May 31, 2017 READ MORE »