TRAIN Law Summary

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Title Supreme Court: TRAIN Law Summary

Law: Republic Act No. 10963

Decision Date: Dec 19, 2017

The Tax Reform for Acceleration and Inclusion (TRAIN) law is a Philippine legislation that aims to reform the country's tax system by repealing various value-added tax exemptions and credits, as well as amending certain income tax laws, with the goal of taking effect on January 1, 2018.

tax reform

acceleration and inclusion

train

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