Senate Tax Study-Research Office (STSRO) Publications

[Updated] Primer on Republic Act No. 10963 - TRAIN Law

March 2018 (1.1 MB)

Starting January 1, 2018, compensation income earners, self-employed and professional taxpayers (SEPs) whose annual taxable incomes are P250,000 or less are exempt from the personal income tax (PIT).


Primer on Fiscal Incentives in relation to Bills Rationalizing the Fiscal incentives

Fiscal incentives are subsidies, tax reliefs and preferential tax treatment that are usually given to registered enterprises and priority sectors to promote and encourage investments and development. (download)


Primer on Reforms in Personal and Corporate Income Tax

Instituting Progressive Tax Reform and More Effective Tax Collection, Indexing Taxes to Inflation (download)


Taxation 101

The power of taxation is an inherent and plenary prerogative of the State, its exercise being only limited by the Bill of Rights enshrined in the 1987 Philippine Constitution (download)


A compilation of selected Supreme Court cases in taxation 2012-2014

Commemorating Senate Tax Study and Research Office's 26th Founding Anniversary (download)


COCCTRP Materials

Materials for the 2014 Second Meeting of the Joint Congressional Oversight Committee on the Comprehensive Tax Reform Program (COCCTRP) (download)

Letter of BIR Commissioner Henares to the COCCTRP dated 12 November 2014 (download)


Tax Bits

The Proposed Amendments to the Local Government Code of 1991 on Local Taxations and Fiscal Matters Adobe PDF Format
July - August 2018 (4.8 MB)

The 1987 Philippine Constitution states that: The Congress shall enact a local government code which shall provide for a more responsive and accountable local government structure instituted through a system of decentralization with effective mechanisms of recall, initiative, and referendum, allocate among the different local government units their powers, responsibilities, and resources, and provide for the qualifications, election, appointment and removal, term, salaries, powers and functions and duties of local officials, and all other matters relating to the organization and operation of the local units.



Breaching the Mark: TRAIN Law and Surging Inflation Adobe PDF Format
May - June 2018 (5.26 MB)

Whether it is purely coincidental or largely relative, consumer prices have been rising steadily since the start of implementation of Republic Act No. 10963 or the “Tax Reform for Acceleration and Inclusion (TRAIN)” in January this year. Heading off from a moderate annual rate of 2.9% in 2017, year-on-year headline inflation in 2018 rose to 3.4% in January; increased to 3.8% in February and accelerated further to 4.3% and 4.5% in March and April, respectively.



Here's the TRAIN where's the GAIN? Adobe PDF Format
March - April 2018 (6.7MB)

2018 started on a high note with the effectivity of Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Law on the very first day of the year.



Tax Reform for Acceleration and Inclusion (TRAIN) Law Adobe PDF Format
January - February 2018 (7.8MB)

Legislative Intent of RA 10963

Republic Act (RA) No. 10963 is based on Senate Bill (SB) No. 1592 which consolidates 31 Senate Bills and 3 House Bills and 3 Senate Resolutions.

TRAIN's Monumental Journey Adobe PDF Format
November - December 2017 (5MB)

Taxation and tax reforms have been primarily used as policy instruments to achieve a set of economic and fiscal goals. According to Rao1 (2014) tax reforms are generally undertaken to improve the efficiency of tax administration and to maximize the economic and social benefits that can be achieved through the tax system.

No TRAIN, No Gain Adobe PDF Format
September - October 2017 (3.5MB)

The only thing constant in life is change; this holds true for our tax laws since reforms had always been a part of our country’s legislative history. As new economic conditions arise, our tax laws cannot remain unchanged and must be modified accordingly.

Tax administration reforms: Enhancing the revenue efforts of the government Adobe PDF Format
July - August 2017 (4.7MB)

The comprehensive tax reform program that is being pushed ardently by President Rodrigo Duterte and his economic managers is anchored on two major reforms – tax policy and tax administration. The initial tranche of the entire tax proposal, which is pending in Congress, is embodied in Senate Bill No. 1408 and House Bill No. 5636, both known as the “Tax Reform for Acceleration and Inclusion (TRAIN)”.

Taxation and Federalism Adobe PDF Format
May - June 2017 (11.6MB)

The Senate Tax Study and Research Office (STSRO) held its 2nd tax forum entitled “Taxation in a Federal Form of Government” last 24 May 2017 at the Sen. Laurel Room, Senate of the Philippines, Pasay City. While there are many issues surrounding the proposal to shift to a federal form of government, this forum focused on the tax implications of such a move.

Taxpayers Bill of Rights: Protecting the Lifeblood of the Nation Adobe PDF Format
March - April 2017 (2.8MB)

While taxes and death are both certain and inevitable, there is absolutely no reason to relate death with where taxes emanate – taxpayers. The comparison, which first appeared in the literary works of Christopher Bullock (1716) and Daniel Defoe (1726) but was made famous by Benjamin Franklin in a letter to Jean Baptiste Leroy back in 1789, underscores if not eerily exaggerates the importance of exacting dues in any form from the people to finance the operations and expenditure of the government.

Tax Treaty - A backgrounder Adobe PDF Format
January-February 2017 (2.3MB)

In the grand scheme of the present generation’s economic activities, governments of countries having political jurisdiction of different territories rely on each other to solve and resolve the myriad and complex issues confronting world trade and the exchange of goods and services.

 

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