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Comparison of House Bill No. 5636 (CTRP Package One) to

the present NIRC
On 31 May 2017, the House of Representatives has approved on third
and final reading House Bill 5636, also known as the Tax Reform for
Acceleration and Inclusion (TRAIN) Act, which is in substitution and
consolidation of the filed bills intended to implement Package One of
the governments tax reform plan. The bill shall now go to the Senate
for its concurrence. The Lower House of Congress swiftly acted to
pass the bill after President Rodrigo Duterte earlier this week
certified to the necessity for the immediate enactment of House Bill
5636. Congress went on its sine die adjournment at the end of last
week and will resume sessions in July.
Please refer to the below comparison of House Bill 5636 to the
pertinent provisions of the present National Internal Revenue Code.
To view the complete file, please click on the link below.
VIEW/DOWNLOAD PDF FILE
Proposed Tax Reform Packages

Package 1

Package 2

Package 3
Package 4

Package 5

Package 6

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