THE Department of Finance (DoF) reported on Thursday that revenues generated from tax reforms surpassed its target by 8.1 percent in 2018.
In a statement, the Finance department said revenues from the Tax Reform for Acceleration and Inclusion (Train) Act reached P68.4 billion last year, higher than its P63.3-billion full-year goal, citing a report from its Strategy, Economics and Results Group (SERG), led by Finance Undersecretary Karl Kendrick Chua.
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