In December 2017, R.A. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) was signed into law by President Rodrigo Duterte. The current administration envisions that this priority agenda will correct certain deficiencies in the current tax system in order to make it simpler, fairer, and more efficient. Revenues to be collected from this initiative will be used to support the government’s infrastructure, education, and health programs, which in turn will propel poverty reduction efforts.
In 2016, the Department of Labor and Employment (DOLE) bared its 8-Point Labor and Employment Agenda. The first item in the Agenda is to continuously enhance and transform DOLE into an efficient, responsive, purposeful, and accountable institution. In line with this commitment, it is vital for the Department to understand and critically analyze TRAIN in order to identify its impacts on the Filipino workers and come up with relevant adjustment measures. As a way forward, the Institute for Labor Studies (ILS) organized a technical learning session on TRAIN to introduce the components of the law, and to help the Department in crafting guided and informed policy options and strategies.
The activity drew the participation of senior officials and heads of office and representatives from different bureaus, services and attached agencies of the DOLE.
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Title: Technical Learning Session on the Tax Reform for Acceleration and Inclusion (TRAIN) Law