The Implementation of TRAIN Law: Awareness and Perception of Employees in the Local Automotive Industry to the Adjusted Automobile Excise Tax

Abstract

The TRAIN Law is the initial package of tax reform programs under the Duterte Administration. The package implemented changes in estate tax, personal income tax, donor’s tax, documentary stamp tax, value added tax, and excise tax on sweetened beverages, automobiles, mineral and petroleum products, tobacco products and cosmetic procedures. This study aimed to understand the level of awareness and the extent of implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law as perceived by the employees of car manufacturing companies. The study involved one hundred forty-four employees of car companies in the Greater Manila Area. Based on the results of the study, the employees are found to be Moderately Aware of the provisions of TRAIN Law. They found to have the highest awareness in terms of the purpose of the TRAIN Law and its impact to industries. Ion the other hand, the employees were found that TRAIN Law provisions are Moderately Implemented with highest implementation in terms of automobiles rate and base of tax and the significant changes in reduced, increased and new taxes.