Outline: A Comprehensive Lecture on Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Law and Latest Updates on the Tax Amnesty Bill
I have been getting a number of queries from clients & friends on the new TRAIN Law. As such, in my upcoming series of trainings on the TRAIN Law, I will be discussing the following: Background on the TRAIN Law Amendments to the NIRC Provisions on Income Tax New Income Tax Rates for Individuals Self-employed Individuals/ Professionals Mixed Income Earners Removal of Personal Exemptions Fringe Benefit Taxes Filing and Payment of Taxes Individuals Corporations Optional Standard Deduction Installment Payment Amendments to Tax Rates of Passive Income Amendments to the NIRC Provisions on Withholding Taxes Expanded Withholding Taxes Final Withholding Taxes Amendments to the NIRC affecting Estate Tax New Estate Tax Rate Filing and Payment of Estate Tax Returns Amendments to the NIRC affecting Donor’s Tax
