How to Compute Withholding Tax Based on the Newly Enacted TRAIN Law (Tax Reform for Acceleration and Inclusion)
On December 19, 2017, President Rodrigo Duterte signed the TRAIN Law (Republic Act No. 10963) to reform tax policies, reducing or eliminating personal income tax for many. This change required businesses to adapt payroll computations based on new government-issued tax tables—something Sprout also provides.
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