Second TRAIN package to focus on businesses - CNN Philippines
"There's more tax reform to come. At the end of the month, the Finance department will file TRAIN 2+, updating taxes on tobacco, alcohol, mining and gambling. TRAIN 3 will be submitted by the end 2018, covering property taxes. To be submitted in 2019 is TRAIN 4, which covers taxes on investments"
Train 3 and 4 looks bad. Property tax is not that high tbh so most likely govt will push for higher taxes.
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