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

effect of train law on 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.

Reduction of Life Insurance and other Tax Updates

life insurance

Latest tax updates on the reduction of life insurance, creditable withholding tax on top withholding agents, VAT Exempt for Sale of Drugs for Diabetes, High-Cholesterol, and Hypertension, Input Tax for VAT Exempt Drugs and rulings on estate tax filing.