[E-08] Create: How RA 11534 Reshaped Corporate Taxation And Tax Incentives
[E-08] CREATE: HOW RA 11534 RESHAPED CORPORATE TAXATION AND TAX INCENTIVES Tax Code Evolution Series No. 8 CREATE did more than lower corporate income tax. It changed the architecture of corporate taxation and tax incentives in the Philippines. When TRAIN became law in 2017, it significantly changed the individual-tax side of the Philippine tax system. […]
[E-07] Train: Why RA 10963 Changed The 1997 NIRC
[E-07] TRAIN: WHY RA 10963 CHANGED THE 1997 NIRC Tax Code Evolution Series No. 7 The 1997 NIRC was not replaced by TRAIN. It was amended by TRAIN—and that distinction matters. When taxpayers hear “TRAIN Law,” many immediately think of income-tax brackets, the 8% tax option, excise taxes, or the increase in the tax on […]
[E-06] The 1997 NIRC: How the Modern Tax Code Is Structured
[E-06] THE 1997 NIRC: HOW THE MODERN PHILIPPINE TAX CODE IS STRUCTURED Tax Code Evolution Series No. 6 We have now followed the evolution of Philippine internal revenue law from: Act No. 1189 (1904)→ Act No. 2339 (1914)→ CA 466 (1939)→ PD 1158 (1977)→ EO 273 and the 1980s–1990s tax reforms→ RA 8424 (1997) But […]
[E-05] From The 1980s-1990s Tax Reforms To RA 8424: How the Modern NIRC Emerged
[E-05] FROM THE 1980s–1990s TAX REFORMS TO RA 8424: HOW THE MODERN NIRC EMERGED Tax Code Evolution Series No. 5 In the previous article, we saw how PD 1158 created the National Internal Revenue Code of 1977 through another major consolidation and codification of Philippine internal revenue laws. But the 1977 NIRC did not remain […]
[E-04] From CA 466 To PD 1158: Why the 1977 NIRC Was Another Recodification
[E-04] FROM CA 466 TO PD 1158: WHY THE 1977 NIRC WAS ANOTHER MAJOR RECODIFICATION Tax Code Evolution Series No. 4 In the previous article, we saw how Commonwealth Act No. 466 became the first codification of the Philippine internal revenue laws in 1939. But codification did not freeze the tax system. For almost four […]
[E-03] The Commonwealth Tax Code: How CA 466 Became the National Internal Revenue Code
[E-03] THE COMMONWEALTH TAX CODE: HOW CA 466 BECAME THE NATIONAL INTERNAL REVENUE CODE Tax Code Evolution Series No. 3 If Act No. 1189 was an important beginning and Act No. 2339 represented an early revision and consolidation, what came next? The answer is Commonwealth Act No. 466. And this is where the phrase “National […]
[E-02] From Act No. 1189 to Act No. 2339: How Philippine Internal Revenue Law Started To Evolve
[E-02] FROM ACT NO. 1189 TO ACT NO. 2339: HOW PHILIPPINE INTERNAL REVENUE LAW STARTED TO EVOLVE Tax Code Evolution Series No. 2 If you think Philippine tax law began with one Tax Code and stayed essentially the same, history tells a different story. The Philippine internal revenue system was already changing within its first […]
[E-01] Before the NIRC: Where Did Philippine Tax Law Begin?
[E-01] BEFORE THE NIRC: WHERE DID PHILIPPINE TAX LAW BEGIN? Tax Code Evolution Series No. 1 When we talk about Philippine tax law today, we usually start with the National Internal Revenue Code (NIRC). We look at the applicable section.We check the latest Revenue Regulation.We search for the latest BIR issuance.We look at what the […]