President Rodrigo Duterte on December 19 signed into law the first package of his tax reform initiative, which is now known as RA 10963 also known as Tax Reform for Acceleration and Inclusion (TRAIN). It will be implemented starting January 1, 2018.
The pdf file of this RA 10963 can be downloaded HERE.
Useful Articles:
- Revised Withholding Tax Table | Bureau of Internal Revenue
- Take Home Pay Under 2018 Tax Reform Law
- Highlights of Tax Reform Law 2018 (TRAIN)
- Salary Standardization Law (SSL) Effective January 1, 2018 | Third Tranche
- Updated DOF Tax Calculator
Source: dof.gov.ph
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