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Daily Archives: January 15, 2018

New TRAIN Tax Tables and BIR Income Tax Rates (2018)

The Philippine tax reform bill, known as TRAIN or Tax Reform for Acceleration and Inclusion, was signed into law by Pres. Rodrigo Duterte on December 19, 2017. The tax implementation of TRAIN began on January 1, 2018. In this article, we focus on the approved Personal Income