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Effects of TRAIN in 2018 and Further Tax Reform(s) in 2019

Requested from BOC by Gwendolyn Andalis at 05:29 PM on Jan 31, 2019.
Purpose: Research and development
Date of Coverage: 01/01/2016 - 01/30/2019
Tracking no: #BOC-232011846936

Gwendolyn 05:29 PM, Jan 31, 2019

Hi, hope you can help me gather the following info on tax reform in the country:

1. Summary of the recently implemented TRAIN, & additional tax reforms  (w/status) planned to be implemented in 2019 & coming years

2. Statistics on effect of TRAIN in the previous years in national revenue collection & economy in general (GDP & oth. econ. metrics) as well as projections for the coming years

3. Implications of these tax reforms to foreign investments (most particularly, Japanese) as well as business opportunities for these foreign investors

Let me know if you need more details. Thank you!
February 4, 2019

Dear Gwendolyn Andalis,

Greetings!

Thank you for your request dated Jan 31, 2019 05:29:58 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your request

You asked for Effects of TRAIN in 2018 and Further Tax Reform(s) in 2019.

Response to your request

Please provide a duly signed letter request address to Commissioner Rey Leornardo B. Guerrero and send it to boc.cares@customs.gov.ph, kindly be informed that the letter request is subject to approval.

For further assistance you may review the FAQ section of the eFOI site: https://www.foi.gov.ph/help.

Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Commissioner Rey Leonardo B. Guerrero. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,
FOI Receiving Officer
FOI Officer

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