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R.A. No. 10963 TRAIN Act

Tax Reform for Acceleration and Inclusion (TRAIN)

Republic Act No. 10963 | 2017-12-19

Republic of the Philippines
Congress of the Philippines
Metro Manila
 
Seventeenth Congress
 
Second Regular Session
 
REPUBLIC ACT NO. 10963
 
Begun and held in Metro Manila, on Monday, twenty-fourth day of July, two thousand seventeen.
 
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
 
SECTION 1. Title. - This Act shall be known as the “Tax Reform for Acceleration and Inclusion (TRAIN)".
 
SEC. 2. Declaration of Policy. - It is hereby declared the policy of the State:
 
(a) To enhance the progressivity of the system through the rationalization of the...