TRAIN law news and updates

Rappler's latest stories on TRAIN law

ARTICLE FINDER

#AskTheTaxWhiz: Taxes for exporters

Oct 31, 2018 - 4:00 PM

Are exporters required to pay value-added tax? The Philippine Tax Whiz explains.

Fuel excise tax, #PHVote, Meghan Markle | Evening wRap

Oct 15, 2018 - 9:37 PM

Watch Rappler's evening newscast with Ralf Rivas

Poe files COC for senator, hits unfulfilled gov't promises

Oct 15, 2018 - 9:35 PM

Senator Grace Poe says the Duterte administration failed to deliver promises that were supposed to cushion the impact of the TRAIN law

Sen. Grace Poe pose with her mother, Movie actress Susan Roces (right), after filing her Certificate of Candidacy at the Comelec office in Manila on October 15, 2018. Photo by Angie de Silva/Rappler

Cynthia Villar files COC, justifies signing TRAIN law

Oct 15, 2018 - 10:18 AM

The senator says signing the TRAIN law was a 'lesson learned'

[EDITORIAL] #AnimatED: Paghuhubad sa pasista

Sep 17, 2018 - 9:05 AM

Nalusaw sa lakas ng ulang pulitikal ang koloreteng nag-anyong maka-masa at maka-batas

House opposition wants to suspend excise tax increases on fuel, oil

Sep 10, 2018 - 8:30 PM

Opposition lawmakers argue suspending the excise tax increases on fuel and oil products will help curb rising inflation

RISING. The TRAIN law affects fuel prices. File photo by Ben Nabong/Rappler

House approves Trabaho bill on 3rd reading

Sep 10, 2018 - 4:50 PM

(UPDATED) But opposition lawmakers vote no to the Tax Reform for Attracting Better and Higher Quality Opportunities bill, arguing it would lead to job losses

OVERWHELMING SUPPORT. Only 14 lawmakers say no to the Tax Reform for Attracting Better and Higher Quality Opportunities bill. File photo by Darren Langit/Rappler

[EDITORIAL] #AnimatED: Pinakbet economics at pusit tactics

Sep 10, 2018 - 9:00 AM

Sablay na nga ang Dutertenomics, sablay pa ang tangkang paglilihis ng isyu

House approves Trabaho bill on 2nd reading

Sep 04, 2018 - 6:35 PM

Speaker Gloria Macapagal Arroyo herself is present at the plenary to ensure the approval of the tax reform measure

TAX REFORM. The House of Representatives approved the Trabaho bill on 2nd reading on September 4. 2018. File photo by Darren Langit/Rappler

Things you need to know about Trabaho bill

Sep 02, 2018 - 6:06 PM

The Trabaho bill aims to reduce the corporate income tax rate from 30% to 20%

BUSINESSES. The Trabaho bill aims to reduce the corporate income tax rate from 30% to 20%. File photo by LeAnne Jazul/Rappler

End BIR corruption? Abolish it, says expert

Aug 14, 2018 - 11:08 AM

'Corruption in the BIR is embedded in the system,' says tax expert Mon Abrea

CORRUPTION. Tax expert Mon Abrea says the government should consider abolishing the Bureau of Internal Revenue to rid the agency of corruption. Photo by AFP

Piston, other groups to hold transport strike on June 25

Jun 21, 2018 - 11:52 AM

Aside from the government's jeepney phaseout program, the groups will also protest rising fuel prices caused by the TRAIN law

Jeepney drivers and operators belonging to transport group PISTON hold streamers against the phase-out of passengers jeepneys from 15 years old and above in a protest rally during their nationwide transport caravan at the Elliptical Road in Quezon City. Photo by: DARREN LANGIT

Higher prices partly due to NFA's 'incompetence' – Diokno

Jun 11, 2018 - 12:42 PM

Budget Secretary Benjamin Diokno says the National Food Authority's 'incompetence' caused panic which resulted in higher rice prices

GOING DOWN. Department of Budget and Management Secretary Benjamin Diokno says inflation is already decelerating. File photo by Aika Rey/Rappler

Groups to hold 'HINDIpendence day' protest on June 12

Jun 08, 2018 - 6:42 PM

(UPDATED) The groups cite at least 5 'dire challenges' confronting the nation

Workers from various groups march towards Mendiola Peace Arch on Labor Day, May 1, 2018, to call for an end to ENDO. Photo by Alecs Ongcal/Rappler

P42,000-budget for a family of 5 not official NEDA estimate – Pernia

Jun 08, 2018 - 1:43 PM

National Economic and Development Authority Secretary Ernesto Pernia says at least two family members should work to allow the family to live a comfortable life

Econ managers reject TRAIN suspension, Aquino on China, Malacanang on Kiss | Evening wRap

Jun 05, 2018 - 9:00 PM

Watch Rappler's evening newscast with Acor Arceo

Despite higher inflation, economic managers reject TRAIN law suspension

Jun 05, 2018 - 1:45 PM

'We must stay the course,' the economic managers say in a joint statement as they defended the tax reform law as crucial to progress

INFLATION BRIEFING. Budget Secretary Benjamin Diokno (middle) reads the joint statement of the Department of Budget and Management, Department of Finance, and National Economic and Development Authority on the May 2018 inflation figure. Photo from DBM

[OPINION] Higher inflation: Is TRAIN to blame? (Part 2)

Jun 03, 2018 - 8:00 AM

Higher inflation, coupled with the forthcoming 2019 midterm election, has suddenly turned TRAIN into a political hot potato

Duterte: Congress to decide on TRAIN law suspension

Jun 03, 2018 - 2:04 AM

'There's no value in giving so much importance of what I want because, kung sabihin ko naman na, huwag, it would be needed for the 'Build Build Build,' at kung sabihin nila, talagang palitan natin, wala naman akong magawa,' says President Rodrigo Duterte

HIGHER PRICES. Higher price increases are noted for rice, corn, fish, fruits, and vegetables in March 2018. File photo by Jay Directo/AFP

[OPINION] Higher inflation: Is TRAIN to blame? (Part 1)

Jun 02, 2018 - 10:33 PM

In these tough times, government officials must be wary of populist policies that could make matters worse. They should also avoid making callous remarks that tend to belittle the poor and add insult to their economic injury.

Grace Poe urges speedy release of gov't subsidies under tax reform law

Jun 02, 2018 - 6:18 PM

Senator Grace Poe says the funds are needed to help the poor and affected sectors cope with higher prices due to the tax reform law

ASK THE PEOPLE. Sen. Grace Poe went to bus stations in Albay to get the feel of the public on the effects of the TRAIN Law. Photo by Rhaydz B. Barcia/Rappler

The week in photos: May 26-June 1, 2018

Jun 02, 2018 - 12:00 PM

This week's selection of photo highlights here and around the world

A Bangladeshi volunteer prepares Iftar food for Muslim devotees before breaking their fast during the holy month of Ramadan at a shrine in Dhaka on May 27, 2018.Muslims throughout the world are marking the month of Ramadan, the holiest month in the Islamic calendar during which Muslims fast from dawn until dusk. / AFP PHOTO / MUNIR UZ ZAMAN

#ThewRap: Things you need to know, May 31, 2018

May 31, 2018 - 11:00 AM

Hello! Here are the stories you shouldn't miss this Thursday.

BRP SIERRA MADRE. This aerial photo  taken from a military aircraft shows the dilapidated Sierra Madre ship of the Philippine Navy anchored near Ayungin Shoal (Second Thomas Shoal) with Philippine soldiers onboard to secure the perimeter in the Spratly Islands, on May 11, 2015. File photo by Ritchie Tongo/AFP

#TheWrap: Videos to watch this week, May 21-27, 2018

May 27, 2018 - 10:46 AM

Here are the must-watch videos this week!

The burden of TRAIN law on Filipino mothers

May 13, 2018 - 11:37 PM

Mothers feeling the pinch due to the TRAIN law gather in Mendiola to ask the government to make adjustments and address people's needs

A Filipino mother masked with a crying face poses like a balancing weighing scale, during the small protest held on Thursday, May 10 at Mendiola, Manila, to appeal to the government to review the TRAIN law. Photo by Eloisa Lopez/Rappler

Suspending TRAIN law amid higher prices 'more harm than good' – Diokno

May 09, 2018 - 11:14 AM

Budget Secretary Benjamin Diokno says higher prices are only a temporary effect of the tax reform law and should normalize during the second half of the year or in 2019

HIGHER PRICES. Budget Secretary Benjamin Diokno says prices will normalize during the second half of the year. Photo from the Department of Budget and Management

Tax reform law delays Pampanga school building projects – COA

May 06, 2018 - 5:50 PM

The Commission on Audit notes that 21 out of 25 proposed school building projects in 2017 are delayed after being sent back for cost adjustment

Calida defends tax reform: Poor 'shielded' by gov't cash handouts

May 01, 2018 - 5:21 PM

Bayan Muna Representative Carlos Zarate says Solicitor General Jose Calida's argument is 'deceptive and misleading'

FUEL TAX. Solicitor General Jose Calida says higher taxes on fuel only has a 0.1% maximum effect on transporation rates. File photo by Ben Nabong/Rappler

#ThewRap: Things you need to know, April 20, 2018

Apr 20, 2018 - 11:30 AM

Here are the stories you shouldn't miss this Friday

NIGHT NO MORE. PNP bans Oplan Tokhang from being conducted at night. File photo by LeAnne Jazul/Rappler

Philippine inflation rate averages 3.8% for Q1 2018

Apr 20, 2018 - 10:40 AM

(3rd UPDATE) Inflation hits its highest quarterly average since 2014 as the tax reform law, higher oil prices, a weaker peso, and the tightening of US monetary policy take their toll

Taxes on sugary drinks hurt sari-sari stores – survey

Apr 19, 2018 - 4:40 PM

A Nielsen study shows consumers have been drinking less sugary drinks and even taking items out of their grocery baskets, as prices rose with the implementation of the tax reform law

PRICE HIKES.The retail price of a one-liter bottle of Coca-Cola, for instance, is projected to increase to P43 from the current P31, due to the tax reform law. Photo by Chrisee Dela Paz/Rappler

The week in photos: March 17-23, 2018

Mar 24, 2018 - 12:49 PM

This week's selection of photo highlights here and around the world

A refugee child participates in an anti-racist demonstration in Athens on March 17, 2018, marking as well two-years of the EU-Turkey deal and the closing of the borders. The banner reads' fight fortess Europe'. Refugees and solidarity groups condemned the new shipwreck off Agathonissi island earlier today, where 16 refugees drowned. / AFP PHOTO / LOUISA GOULIAMAKI

VIRAL: With tax reform, Philippines has 'new rules' like Dua Lipa

Mar 14, 2018 - 3:20 PM

Ateneo de Zamboanga University students make a parody video inspired by Dua Lipa's hit song, featuring lyrics about the tax reform law

Senate committee to probe new threat vs BPO sector

Mar 11, 2018 - 3:07 PM

This comes after a Malacañang veto effectively raised the cost of doing business in the Philippines, says Senator Paolo Benigno Aquino IV

TRAIN EFFECTS. The Senate Committee on Science and Technology is set to probe tax reform effects on the Philippine BPO sector. File photo by AFP

With carbon pricing, Train Law can help reduce pollution

Feb 28, 2018 - 10:00 AM

Historically, when we burn coal or use petroleum products, we generally do not pay for the actual price of the carbon emissions brought about by these fossil fuels

Coca Cola FEMSA refutes it was busting workers' union

Feb 19, 2018 - 8:18 PM

'This restructuring has been a very difficult decision. We have the utmost respect for our employees and we have strived for fairness in executing every facet of our reorganization,' says Coca-Cola FEMSA statement

BSP maintains interest rates, raises inflation forecast for 2018, 2019

Feb 08, 2018 - 8:35 PM

The Bangko Sentral ng Pilipinas sees inflation hitting 4.3% in 2018, and 3.5% in 2019

Inflation hits 3-year high of 4% in January

Feb 06, 2018 - 2:50 PM

The government attributes the increase partly to the tax reform law, which took effect in January

Tax calculator: Compute your new income tax

Feb 02, 2018 - 9:00 AM

Here's a step-by-step guide to compute for your new income tax under the tax reform law

INCREASE. Majority of taxpayers can expect higher take-home pay starting in January 2018.

Uber Philippines seeks fare hike, citing tax reform law

Jan 25, 2018 - 3:15 PM

(UPDATED) From the current P5.70 fare per kilometer for UberX, the ride-hailing service firm proposes to increase it to P9 to P12, depending on the time of the day

FARE HIKE PETITION. Under the petition, proposed fare per kilometer for UberX will increase to P9-P12, depending on the time of the day, from the current P5.70

SC orders government to answer petition vs tax reform law

Jan 23, 2018 - 3:14 PM

(UPDATED) The House Makabayan bloc says the law is invalid because the ratification that occurred at the Lower House violated rules

Ilocos Norte Governor Imee Marcos led supporters gather infront of the Supreme Court on October 17, 2016 for a mass and to call for the immediate burial of former President Marcos at the Libingan ng mga Bayani.

Prices of McDonald's drinks could go up due to tax reform

Jan 15, 2018 - 12:50 AM

The exclusive franchise holder of McDonald's in the Philippines says it is thinking of ways to balance the impact of the newly-enacted tax on sugar-sweetened beverages

HIKE IN SODA? Golden Arches Development Corporation is thinking of ways to balance the impact of the newly-enacted tax on sugar-sweetened beverages on its business and its customers. Photo from McDonald's Philippines website

Tax reform law seen to put brakes on PH's auto sales growth in 2018

Jan 12, 2018 - 7:30 AM

With most mass market vehicles costing more because of the tax reform law, the Chamber of Automotive Manufacturers of the Philippines Incorporated (CAMPI) projects flat growth in sales this 2018

Makabayan bloc asks SC to strike down tax reform law

Jan 11, 2018 - 11:10 AM

(UPDATED) Leftist lawmakers argue that the House had no quorum and did not call a vote when it ratified the joint bicameral conference report on the Train bill

Members of the Makabayan Bloc file a petition to derail the implementation of the the Tax Reform for Acceleration and Inclusion (TRAIN) Law before the Supreme Court in Manila on January 11, 2018. Photo by Ben Nabong/Rappler.

DOE to gas stations: Don't take advantage of tax reform law

Jan 10, 2018 - 8:10 PM

Energy Secretary Alfonso Cusi warns that the government would cancel the certificate of compliance (COC) of violators

HIGHER PRICES. A man holding a petrol pump nozzle at one of Shell's gasoline filling stations. Photo from AFP

ING Bank expects another 1% rise in 2018 inflation amid tax reform

Jan 09, 2018 - 7:00 PM

The movement of prices of basic goods and services in the Philippines is seen to move faster this year than last year, due to the newly-implemented tax reform package

PRICES OF GOODS. Philippine inflation remains steady at 3.3% in December last year, similar with that of November 2017. Stock photo

Higher electricity bills likely starting February due to tax reform

Jan 09, 2018 - 5:35 PM

Meralco, the country's largest power distributor, estimates an additional charge of 8 centavos per kilowatt hour (kWh)

EXPLAINER: How the tax reform law affects Filipino consumers

Jan 09, 2018 - 9:00 AM

Payroll managers start adjusting their systems to reflect the new withholding tax rates. Supermarkets, oil retailers, convenience stores, and even sidewalk vendors begin updating their price lists.

HIKE IN SRPs.The retail price of one-liter bottle of Coca Cola, for instance, is projected to increase to P43 per bottle from the current P31 per liter, in light of the TRAIN law. Photo by Chrisee Dela Paz/Rappler

#ThewRap: Videos you need to watch this week, January 1-7, 2018

Jan 07, 2018 - 1:17 PM

Must-watch videos from this week

Teachers’ take-home pay to increase due to tax reform – DepEd

Jan 05, 2018 - 5:55 PM

The education department doesn't take into account how the teachers have to spend more on products made pricier by the same tax reform law

HIGHER SALARY, PRICIER GOODS. A teacher conducts a lesson to elementary students in Marikina City on September 27, 2017. Photo by LeAnne Jazul/Rappler