The proposed Tax Reform for Acceleration and Inclusion Act (TRAIN) of the Duterte administration has garnered overwhelming support from various sectors, both here and overseas, following the 400 briefings held by the Department of Finance and other economic reform advocates on this pro-poor, progressive measure that aims to make the current tax system simpler, fairer and more efficient.
With the Senate now holding extensive deliberations on the TRAIN, the DOF said the tax reform proposal has so far gained 199 statements of support from former and current government officials, multilateral institutions and development partners, labor organizations, business chambers, farmers’ groups, private sector individuals, and members of the academe and the media.
Since September last year when the original version of TRAIN was endorsed by the DOF to the House of Representatives, a total of 400 tax briefings were spearheaded by Undersecretary Karl Kendrick Chua and other finance officials to inform the public about the details and benefits of this proposal, which is the first of President Duterte’s series of tax reform packages. (DOF)
