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Category Archives: BIR and TRAIN Tax Law

How to Use: BIR Withholding Tax Table under TRAIN (2018)

The Bureau of Internal Revenue (BIR) has released the implementing guidelines related to Withholding Taxes on Compensation Income, as mandated in the TRAIN bill signed into law by Pres. Rodrigo Duterte. Here’s a copy of the entire BIR Revenue Regulation. You may also download below

New Excise Taxes on Cars: BIR Revenue Regulation RR 5-2018

The Bureau of Internal Revenue (BIR) has released the implementing guidelines related to the revised Excise Taxes to be charged on cars and automobiles starting 2018, as mandated in the TRAIN bill signed into law by Pres. Rodrigo Duterte. Here’s a copy of the entire

Tax on Petroleum Products: BIR Revenue Regulation RR 2-2018

Here’s a copy of the Revenue Regulation released by the Bureau of Internal Revenue (BIR) this February 2018 dealing with updated tax rates on petroleum products, as mandated in the approved TRAIN Law. You may view below the full content of the BIR Revenue Regulation.

BIR Sample Computations: Tax for Self-Employed and Professionals (2018)

If you are a professional or self-employed individual receiving income purely from self-employment or your practice of profession, here are the updated BIR rules as regards your tax liability under the approved TRAIN law. The tax rules and sample computation are reiterated in Revenue Regulations of the

Sample Tax Computation: Minimum Wage Earners under TRAIN

Here is a sample computation showing the applicable tax rules for Minimum Wage Earners (MWE), as reiterated in BIR Revenue Regulations 8-2018. (To view the full Revenue Regulation and to download a PDF copy of BIR RR 8-2018, click here.) Tax Rules for Minimum Wage

PDF Download: BIR Revenue Regulation RR 3-2018 (Tax on Tobacco Products)

BIR Revenue Regulations No. 3-2018 Issued on: January 5, 2018 Providing for the Revised Tax Rates on Tobacco Products Pursuant to the Provisions of Republic Act No. 10963, otherwise known as “Tax Reform for Acceleration and Inclusion (TRAIN) Law,” Amending for the Purpose Revenue Regulations

BIR Tax Rules for Mixed Income Earners (2018)

What are the applicable tax rules for mixed income earners under the approved Tax Reform for Acceleration and Inclusion or TRAIN? You can find the answer below. (UPDATE): The BIR’s Revenue Regulations RR 8-2018 contains the implementing guidelines on how to compute income taxes for Mixed