TRAIN Law

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf gptkb:law
gptkbp:affects estate tax
donor's tax
personal income tax
sugar-sweetened beverages
excise tax on automobiles
excise tax on petroleum products
value-added tax (VAT)
gptkbp:component Comprehensive Tax Reform Program
gptkbp:country gptkb:Philippines
gptkbp:criticizedFor consumer groups
increasing prices of goods
labor groups
gptkbp:enactedBy gptkb:United_States_Congress
https://www.w3.org/2000/01/rdf-schema#label TRAIN Law
gptkbp:officialName Tax Reform for Acceleration and Inclusion Law
gptkbp:publicLawNumber gptkb:Republic_Act_No._10963
gptkbp:publicReaction mixed
gptkbp:purpose gptkb:tax_law
increase government revenue
fund infrastructure and social services
gptkbp:replacedBy previous Philippine tax system
gptkbp:signedBy gptkb:Rodrigo_Duterte
2017-12-19
gptkbp:startDate 2018-01-01
gptkbp:successor Corporate Recovery and Tax Incentives for Enterprises Act (CREATE)
gptkbp:supportedBy gptkb:World_Bank
gptkb:Department_of_Finance_(Philippines)
gptkbp:website https://www.dof.gov.ph/taxreform/
gptkbp:bfsParent gptkb:Joey_Salceda
gptkb:National_Internal_Revenue_Code
gptkb:National_Internal_Revenue_Code_of_the_Philippines
gptkbp:bfsLayer 7