PROBLEM STATEMENT:

Train Law was raised by the government to provide a more equitable and transparent tax
system in the Philippines. In addition, it would provide substantial income tax cuts for the vast
majority of Filipino taxpayers and to raise funds to support the government’s plan for the Duterte
Administration’s infrastructure drive, “Build, Build, Build” program. Since the newly
implemented law focuses on imposing tax on certain products, most of the enterprises increased
their prices of selling products, exempted at paying taxes and consumers’ demand has lowered
thus, giving positive and negative impacts to the businesses. The aim of this study is to identify
the perception of business owners about TRAIN Law and how it affects their businesses. The
researchers would also want to know the effects of TRAIN Law before and after its
implementation.