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What is the purpose of

TRAIN?
The purpose of TRAIN is to make
our country’s tax system

SIMPLE
The purpose of TRAIN is to make
our country’s tax system

FAIR
The purpose of TRAIN is to make
our country’s tax system

EFFICIENT
It is the first package in the Comprehensive Tax
Reform Program (CTRP) which is expected to generate

Php 130 Billion


in revenues for the government.
What is Tax Reform for Acceleration and Inclusion
(TRAIN)?
The goal of the first package of the Comprehensive Tax
Reform Program (CTRP) or TRAIN is to create a simpler, fair,
and more efficient system, as per the constitution, where the
rich will have a bigger contribution and the poor will benefit
more from the government’s programs and services.
The Vision of TRAIN by 2020…
The Vision of TRAIN by 2040…
The Motive for TRAIN
CHANGE

means CHANCE
TAX

= REFORM
 “The benefits to be derived from this tax reform
measure will sustainably finance the
government’s envisioned “BUILD, BUILD, BUILD,
CAMPAIGN”, that pushes for massive
investments in infrastructure thereby
encouraging economic activity and job creation,
as well as fund the desired increase in the public
budget for health, education and social
programs to alleviate poverty.
Benefits of TRAIN:

Higher budget for Infrastructure Development


• Job Creation
• Lower cost of transporting goods and services

Higher efficiencies, increase in business activities


and revenues
• Attract Investors
• Better quality of life for Filipinos
Benefits of TRAIN:

Higher budget for Education


• Competitive advantages for new graduates
• Better employment viability
• Higher pay potentials
• Attract investors
• Better quality of life for Filipinos
Benefits of TRAIN:

Higher budget for Health


• More public hospitals and clinics
• Better public access to better health care
• Stronger work force
• Attract investors
• Better quality of life for Filipinos
Benefits of TRAIN:

Higher budget for Social Protection, Welfare and


Employment
• Better government relief and assistance programs
• Better subsidies
• Better social security and overall peace and order
• Better quality of life for Filipinos  
• Better quality of life for Filipinos

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