tax reform bill - updates

Rappler's latest stories on tax reform bill

ARTICLE FINDER

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.

Aquino on Dengvaxia, Tax reform bill, Tropical Storm Urduja | Evening wRap

Dec 14, 2017 - 8:48 PM

Watch the evening newscast with Marguerite de Leon

1st package of tax reform bill now up for Duterte's signature

Dec 13, 2017 - 11:15 PM

If the Tax Reform for Acceleration and Inclusion bill is signed into law by President Rodrigo Duterte, Filipinos will have higher take-home pay but will have to shell out more for fuel, cars, tobacco, and sugar-sweetened drinks

EXPLAINER: What's inside the bicam-approved tax reform bill?

Dec 13, 2017 - 9:40 PM

(UPDATED) About P130 billion in proceeds is expected from the first package of the Tax Reform for Acceleration and Inclusion bill, which the Senate and the House of Representatives are set to ratify

TAX REFORM. An overhaul of the tax system was among President Rodrigo Duterte's key promises. Graphic by Alejandro Edoria/Rappler

Higher take-home pay but pricier cars, fuel, tobacco by 2018

Dec 11, 2017 - 10:05 PM

The Senate and the House of Representatives are set to ratify their reconciled version on Tuesday, December 12, before sending it to President Rodrigo Duterte for signing into law

'Very strong lobby' vs cosmetic surgery tax in bicam, says Drilon

Dec 06, 2017 - 5:49 PM

The bicameral conference committee on the proposed tax reform bill is yet to finalize the issue, which is only present in the Senate version

House, Senate agree to tax-exempt P250k annual income starting 2018

Dec 02, 2017 - 5:40 PM

The income tax scheme for 2019 onwards is yet to be finalized

BICAM. Senator Juan Edgardo Angara discloses what the bicameral conference committee has decided so far over the contesting provisions in the tax reform bill. File photo by Camille Elemia/Rappler

Roque on RevGov, Duque on Dengvaxia, Tax Reform bill | Evening wRap

Dec 01, 2017 - 8:03 PM

Watch the evening newcast with Mara Cepeda

Senate, House begin 'difficult' task of finalizing tax reform bill

Dec 01, 2017 - 3:59 PM

Congress has only 6 session days left to approve the Tax Reform for Acceleration and Inclusion (TRAIN), which is eyed for implementation on January 1, 2018

Photo by Camille Elemia/Rappler

#AskTheTaxWhiz: Will small businesses benefit from TRAIN?

Nov 30, 2017 - 5:30 PM

The Philippine Tax Whiz proposes a flat tax rate based on gross for small businesses

Students urge undecided senators to back proposed tobacco tax hike

Nov 22, 2017 - 4:50 PM

Students write letters to undecided senators, hoping to convince them to support the move to raise the levy on sin products, especially tobacco

GIVING A TRY. Students from different organizations write personal letters to the senators who have yet to decide on the tax reform bill to convince them to champion the increase of tobacco tax

#AskTheTaxWhiz: Will employees benefit from TRAIN?

Nov 17, 2017 - 5:30 PM

The Philippine Tax Whiz proposes a salary tax exclusive to employees

#AskTheTaxWhiz: Advice on tax reform for our lawmakers

Oct 06, 2017 - 1:30 PM

The Philippine Tax Whiz gives his comments on Senate Bill 1592 or Tax Reform for Acceleration and Inclusion (TRAIN), and his advice for lawmakers before their bicameral conference

Pernia wants changes in Senate version of tax reform bill

Oct 02, 2017 - 8:35 PM

There could be fewer infrastructure projects if the Senate version will be adopted, says Socioeconomic Planning Secretary Ernesto Pernia

ALMOST HALF. According to DOF estimates, the Senate's version of tax reform would only yield P59.9 billion in total incremental revenues. This is less than half of the P133.8 billion under the version approved by the House of Representatives in May. Rappler graphics

EXPLAINER: Senate, House versions of the tax reform bill

Sep 22, 2017 - 7:45 PM

Finance Secretary Carlos Dominguez III hopes the new tax reform package can be implemented by January 1, 2018

TWO VERSIONS. Even if the Senate and House differ on how they want to restructure the country's tax system, they are being guided by one principle, which is to make taxes 'simpler, lower, and fairer' for Filipinos. All graphics by Alejandro Edoria/Rappler

Higher auto taxes, poor mass transport a 'lose-lose situation' for the public

Aug 02, 2017 - 5:40 PM

Minahalan mo sasakyan di inayos mass transit kawawa dito commuters natin says Senator Sherwin Gatchalian

Photo by Inoue Jaena/Rappler

Duterte now 'open to amendments' on tax reform bill – senators

Aug 02, 2017 - 3:03 PM

The President accepted that the Senate will retain flexibility insofar as finally deciding the amounts of taxes Senate Minority Leader Franklin Drilon says after legislators 3 hour meeting with the Chief Executive

TRO ON IMPLANTS. President Rodrigo Duterte addresses Chief Justice Maria Lourdes Sereno in appeal to lift the temporary restraining order on 2 brands of implant.

Senators set to grill gov't agencies on underspending

Jul 27, 2017 - 1:10 PM

Senate President Pro Tempore Ralph Recto says the issue of government underspending is crucial in the Senate debates on the tax reform bill

File photo

Senators worry over Angara's reelection: 'Baka ma-Recto siya'

Jul 26, 2017 - 5:59 PM

The Senate is set to constitute a committee of the whole to discuss the controversial tax reform bill with the country s economic managers

Photo from Office of the Senate President

'Maintain independence,' Nene Pimentel tells senators

Jul 26, 2017 - 7:43 AM

I would suggest to the Senate – there are 24 sovereignties in the Senate you cannot dictate to the senators that s my experience – to act in accordance with their perception of what is best for the people

Senate file photo

DOF chief says tax reform law must generate at least P130B revenue

Jul 06, 2017 - 2:46 PM

A tax reform law diluted such that it will generate less than P130 billion is not acceptable for one of Duterte s economic managers

Photo from Malacanang

How will the proposed tax reform package affect Filipinos?

Jun 24, 2017 - 9:59 AM

Take a look at how the Duterte administration s proposed tax reform package will affect your take home pay and the prices of commodities

EFFECT ON FILIPINOS. The proposed tax measure will have an impact on Filipino workers' salaries and the prices of fuel and other commodities.

#ThewRap: Things you need to know, June 1, 2017

Jun 01, 2017 - 10:17 AM

Hello Here are the stories you shouldn t miss this Thursday

Senate won't pass Malacañang's version of tax reform bill

May 31, 2017 - 5:49 PM

Senators criticize NEDA chief Ernesto Pernia for being arrogant and for pressuring Congress to approve Malacañang s full version of the measure which they believe will hurt the poor

Socio-economic Secretary and National Economic Development Authority Director General Ernesto Pernia ,in a press briefing in Malacañang on January 11, 2017, announced that President Rodrigo Roa Duterte has signed Executive Order No. 12 that will allow government agencies to fully implement the Reproductive Health law which is stalled due to a Temporary Restraining Order issued by the Supreme Court. ALBERT ALCAIN/Presidential Photo

Rich, not poor, to bear brunt of oil, automobile tax – DOF

Jan 27, 2017 - 4:40 PM

The government s proposed tax reform package is designed to be equitable such that the rich pay more and the poor pay less says Finance Undersecretary Karl Kendrick Chua

Historic sin tax bill awaits Aquino's OK

Dec 11, 2012 - 6:32 PM

The Senate and the House ratify the bicameral conference report on the bill that will increase taxes on cigarettes and alcohol products

Sin tax passes bicam, last battleground

Dec 10, 2012 - 4:48 PM

The bicameral conference committee ends deliberations on the sin tax bill to sign report Tuesday