In the Philippines, the Congress has enacted Republic Act No.

10963 or Tax Reform for

Acceleration and Inclusion (TRAIN) Law, which took effect on 01 January 2018. Before the
effectivity of the TRAIN Law, Republic Act No. 8424 or the National Internal Revenue Code
of 1997 governs the imposition of estate tax.

Say for example, Mr. A, who died on 27 July 2018, the law which governs his estate is the
TRAIN Law because at the time of his death, TRAIN Law is already in force. How much is
the estate tax? The estate tax of every decedent, whether resident or non-resident of the
Philippines, is computed by multiplying the net estate with six (6) percent. Under the TRAIN
Law, the estate tax rate is six percent. Before the TRAIN Law, the estate tax rates range
from five (5) percent to twenty (20) percent