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    Date: 2019-01-31 16:19:20.610875

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Effects of TRAIN in 2018 and Further Tax Reform(s) in 2019

Requested from DTI by G. Andalis at 04:19 PM on Jan 31, 2019.
Purpose: Research and development
Date of Coverage: 01/01/2016 - 01/30/2019
Tracking no: #DTI-106717975339

Andalis 04:19 PM, Jan 31, 2019 

Hi, hope you can help me gather the following info on tax reform in the country:

1. Summary of the recently implemented TRAIN, & additional tax reforms  (w/status) planned to be implemented in 2019 & coming years

2. Statistics on effect of TRAIN in the previous years in national revenue collection & economy in general (GDP & oth. econ. metrics) as well as projections for the coming years

3. Implications of these tax reforms to foreign investments (most particularly, Japanese) as well as business opportunities for these foreign investors

Let me know if you need more details. Thank you!


Dear Ms. Andales,

Thank you for your request.

Please note that this is a regular request and does not fall under Executive Order No. 2 (s. 2016).  As such, we will be forwarding this to the concerned attached agency of DTI, Board of Investment (BOI). 
However, BOI may only have information on the item no. 3. Please expect a reply from them on this matter. For items no. 1 and 2, you may coordinate with Bureau of Internal Revenue (BIR).




Sincerely,

Eden Solabo
FOI Receiving Officer

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