Description
This fourth edition has incorporated the salient features of both Republic Act No. 10963 otherwise known as the Tax Reform for Acceleration and Inclusion Act (TRAIN ACT), and Republic Act No. 11534 otherwise known as the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE ACT). Likewise, relevant provisions of Republic Act No. 114941 otherwise known as the Bayanihan to Recover as One Act (BARO ACT) affecting the internal revenue taxes have been included herein.
The straightforward and concise approach in the previous editions have been observed and maintained, taking into account the very limited period of time in preparing for one of the most difficult government licensure examinations in the country.
