To combat the spread of this COVID-19, the government issued Republic Act No. 11469 known as “Bayanihan to Heal as One Act”
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.
Updates about donor's tax train law. You will learn the new donor's tax rate for this year and the threshold subject to tax
Here are the lists of 13 approved tax reform in 2018 under the RA 10963 signed by the President of the Republic of the Philippines and implemented on the 1st day of January 2018. This update includes the new income tax rates, documentary stamp tax, donor's tax rate, estate tax, excise taxes, fringe and de minimis benefits and other approved train tax law reform.