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    Shierell Conag
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    This document discusses a study that aims to analyze the level of awareness, acceptability, and perceived economic effects of TRAIN Law, the Philippines' Tax Reform for Acceleration and Inclusion Act, among public and private sector employees. The study seeks to determine 1) employees' awareness of TRAIN provisions, 2) their acceptability of the provisions, 3) how it may affect their economic conditions, 4) differences in awareness and acceptability between public and private employees, and 5) differences in perceived economic effects between the two groups.

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    TRAIN LAW

    Original Title

    TRAIN LAW

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    This document discusses a study that aims to analyze the level of awareness, acceptability, and perceived economic effects of TRAIN Law, the Philippines' Tax Reform for Acceleration and Inclusion Act, among public and private sector employees. The study seeks to determine 1) employees' awareness of TRAIN provisions, 2) their acceptability of the provisions, 3) how it may affect their economic conditions, 4) differences in awareness and acceptability between public and private employees, and 5) differences in perceived economic effects between the two groups.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    154 views3 pages

    Train Law

    Uploaded by

    Shierell Conag
    This document discusses a study that aims to analyze the level of awareness, acceptability, and perceived economic effects of TRAIN Law, the Philippines' Tax Reform for Acceleration and Inclusion Act, among public and private sector employees. The study seeks to determine 1) employees' awareness of TRAIN provisions, 2) their acceptability of the provisions, 3) how it may affect their economic conditions, 4) differences in awareness and acceptability between public and private employees, and 5) differences in perceived economic effects between the two groups.

    Copyright:

    © All Rights Reserved
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    of 3

    LEVEL OF AWARENESS, ACCEPTABILITY AND EFFECT OF TRAIN

    LAW

    INTRODUCTION:
    Tax reform is the process of changing the way taxes are collected or managed by the
    government and is usually undertaken to improve tax administration or to provide economic or
    social benefits. Tax reform is an increasingly significant issue on the Australian political agenda.
    Combined annual deficits of the Commonwealth and State and territory governments will rise
    from 1.9% of gross domestic product. Comprehensive Tax Reform Program (CTRP) or (TRAIN)
    (Tax Reform for Acceleration and Inclusion) 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.
    This new tax reform is good news for low-income and middle-income earners in the
    country, which is the majority of the population. The proposed tax reform will be gradually
    decreasing on the coming years and it will be implemented immediately in 2018 up until 2019.
    The tax income on 2020 and onwards are expected to be even lower.

    Based on the Department of Finance this figure shows Proposed Tax Schedule.
    STATEMENT OF THE PROBLEM

    This study aims to identify the level of awareness ad acceptability of train law among public and
    private employees specifically it addresses the following questions..

    1. What is the level of awareness of employees on the provisions of the train law?
    2. What is their level of acceptability of the different provisions under train law?
    3. What are the perceive effects of the train law to their economic condition?
    4. IS there a significant difference in the level of awareness and acceptability between
    public and private employees?
    5. Is there any significant difference in the perceive effects of the train law etween public
    and private employees?

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