TRAIN law affects BIR-Abra 2018 tax collection

Abra Revenue District Office (RDO) collected a total of P355,779,730.46 for the year 2018. There is a 27% decrease on tax collection compared to 2017 when P489,074,246.56 was collected. Abra Revenue District Officer Frumencio Belisario said the Tax Reform for Acceleration and Inclusion (TRAIN) law affected their tax collection performance due to higher tax exemption… Read more »