The Tax Reform for Acceleration and Inclusion (Train) bill passed by the House of Representatives last week may generate potential net revenue for the government of P1.16 trillion over a five-year period from 2018 to 2022, computations by the Department of Finance (DoF) show.
Total revenue gains are forecast at more than P2 trillion by the end of the term of the Duterte administration, according to the DoF figures.
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