WebAug 26, 2024 · According to Finance Undersecretary Karl Kendrick Chua, the first CTRP package–the Tax Reform for Acceleration and Inclusion (TRAIN) Law–was designed to provide hefty personal income tax cuts for 99 percent of Filipinos and at the same raise supporting funds to enable the government to spend big on infrastructure and human … WebAug 19, 2024 · Through Package 2 of the Comprehensive Tax Reform Program (CTRP), the government seeks to change the status quo of incentive granting, where there is little accountability in the grant of preferential tax rates that …
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WebFeb 6, 2024 · The second CTRP package will affect the corporate sector as its main thing will be the lowering of the corporate tax rate from 30% to 25%, he said. “So I hope that in the first two and a half or three years (of the Duterte administration), we can actually complete the whole thing and … that’s still shorter than doing it in one big package ... WebMay 24, 2024 · Lito Simba said Package One of the Duterte administration’s Comprehensive Tax Reform Program (CTRP) is “good for the country” because it will “standardize and simplify the tax system.” He said the CTRP “should be easier to comply” with and “less cumbersome.” su vray灯光怎么打
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WebAug 10, 2024 · The Real Property Valuation Reform package, also known as Package 3, aims to create a more equitable real estate property evaluation system. According to the … WebDec 20, 2024 · President Duterte’s signing into law of the landmark Tax Reform for Acceleration and Inclusion Act (TRAIN) is the government’s “biggest Christmas and New year’s gift” to the Filipino people as it will usher in “real positive change” for the nation beginning in 2024, according to Finance Secretary Carlos Dominguez III. WebFeb 1, 2024 · The first package of the DOF’s CTRP—as contained in House Bill No. 4144 authored by Rep. Dakila Carlo Cua, aims to lower personal income tax (PIT) rates and reduce donor and estate taxes, while adjusting fuel and automobile excise taxes and expanding the VAT base but retaining exemptions enjoyed by senior citizens and … bargain hunterz flint