What is the Effect of Train Law on the Philippine Tax?

This article will summarize the effect of train law on our Philippine Taxes. Train law has a great impact on personal income tax, value-added tax, donor’s tax, documentary stamp tax (DST) and, on excise taxes. It gives a detailed discussion on the mentioned taxes.

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effect of train law

Latest Train Law Issuance 2019

Are you looking for 2019 tax updates in the Philippines? Well, this article summarizes the tax updates for this year 2019. What are these updates that you should know? These updates include first, new tax rates for life insurance and insurance in a foreign insurance company. Second, the creditable withholding tax for top withholding agents for their purchases of goods and services on their suppliers. It also defines who are the top withholding agent.

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