The Tax Reform for Acceleration and Inclusion (TRAIN) or the Republic Act No. 10963 was signed into law by President Rodrigo Duterte on December 19, 2017 and implemented on January 1, 2018.
It was the initial package of the Comprehensive Tax Reform Program, which aims to rationalize the Philippine tax system.
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Answer:
The Tax Reform for Acceleration and Inclusion (TRAIN) or the Republic Act No. 10963 was signed into law by President Rodrigo Duterte on December 19, 2017 and implemented on January 1, 2018.
It was the initial package of the Comprehensive Tax Reform Program, which aims to rationalize the Philippine tax system.
Explanation:
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