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Train Act (RA No. 10963) Seminar

Updated: Sep 22, 2021

This seminar is designed for all professionals, such as accountants, engineers, architects, professional teachers, doctors, nurses, real estate brokers, pharmacists, physical therapists, managers, decision makers or entrepreneurs. Every professional needs to be updated on new tax regulations, updates and effects of the 2018 Tax Reform for Acceleration and Inclusion (TRAIN) Law.


Our Expert Speaker:

Dr. Enrique Pinos

Certified Public Accountant

Doctor in Business Administration

Master in Business Administration

> Professorial Lecturer, University of Rizal System

>Former BIR Revenue District Officer



"A simpler, fairer, and more efficient tax system is needed to promote investment, create jobs, and reduce poverty. Not reforming the tax system will deprive the poor of the necessary social services and infrastructure that can lift them out of poverty and make them more productive contributors to society."

Carlos G. Dominguez

Secretary of Finance

Train Act (R.A. 10963)

Overview

Republic Act No. 10963 or Tax Reform for Acceleration and Inclusion (TRAIN) addresses several weaknesses of the current tax system by lowering and simplifying personal income taxes, simplifying estate and donor’s taxes, expanding the value-added tax (VAT) base, adjusting oil and automobile excise taxes, and introducing excise tax on sugar-sweetened beverages.

It is important to know and better understand the changes and consequences of the new law to ensure compliance and avoid tax risks and exposures.


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