St.

Michael’s College
Iligan City Higher Education Department
Master in Business Administration
Quezon Avenue, Iligan City

“Tax Reform for Acceleration and Inclusion Law: It’s Effects on SME’s”

Instructions: Please put a check in the box next to the answer of your choice.

Part 1 Profile of the business owners:

Business Name (optional): __________________________________________________

Capitalization:

P3 million or less P3-15 million

P15-100 million

Average Daily Sales:

P694.44 or less P695.00-P1,111.11 P1,112.00-P2,222.22

P2,223.00-P5,555.56 P5,556.00-P13,888.89

Over P13,888.89

Number of years in business:

Less than 1 year 1 year – 5 years Over 5 years

Number of employees:

Less than 10 10 – 99 Over 100 – 199 200 or more

Form of Business Organization:

Limited Company Partnership

Sole Proprietor Others

Specify:___________________
Part 2. Tax effects on SME’s:
This subsection is concerned with the Tax Effect. Please respond to the
questions accordingly. Please mark (x) in the box which best describes your agreement
or disagreement with the statements

5. Strongly agree 2. Disagree

4. Agree 1. Strongly disagree
3. Undecided

Tax Burden 5 4 3 2 1

1. The level of tax burden in the

Philippines is discouraging

2. There is a negative effect of

additional taxes on businesses

3. With the level of taxes you

pay, its effect on growth and
expansion of Businesses is
positive

4. With the imposition of additional

tax, your cost of operation
increase

5. Do you agree that double

taxation affects SMES growth

6. Are new tax obligations more

burdensome than the old one

7. Tax expenditure is costly to the

business

8. Any increase in tax also affect the

price of the products

9. The tax burden is heavier to the

producer than to the consumer

10. The effect of tax is shoulder

by both buyer and seller
 Tax Incentives

11. The level of tax incentives

in Philippines is encouraging

12. Additional tax incentives

would not really benefit
entrepreneurs

13. Tax incentives in some

sectors discourages people from
delving into businesses in
sectors without tax incentives

14. Tax incentives reduces

government revenue and hinders
infrastructural development

15. Do you agree that tax

incentives improve SMES
performance?

16. Do you agree that change

in government policy on tax affect
SMES?

17. Do you agree that

Philippine government grants tax
incentive?

18. Do you agree that change

in government policy on tax affect
SMES?

19. Do you agree that SMES

are guided on how to meet their
tax obligation?

20. Do you agree that tax

incentives reduce economic
burden on SMES?
Part 3. TRAIN effects on SME’s Sales, Operations and Supply Chain:
This subsection is concerned with the Tax Effect. Please respond to the questions
accordingly. Please mark (x) in the box which best describes your agreement or
disagreement with the statements

5. Strongly agree 2. Disagree

4. Agree 1. Strongly disagree
3. Undecided

Sales 5 4 3 2 1

1. After TRAIN sales decreases

2. The number of goods sold

increases

3. The price of product is high

4. Sales of the product is lesser

than the sales before TRAIN

5. Customers still buy the product

even if there is high price

6. Sales of the product declined as

price increases

7. Sales is better before the TRAIN

Law

8. It is difficult to sell the product

9. It is not the TRAIN that causes

the decline in sales

10. It is better to have TRAIN

than to have no TRAIN
 Operation 5 4 3 2 1

1. TRIAN Law affects the operation

of the business

2. TRAIN can slow down the

operation of the business

3. The operation of the business will

contract after TRAIN law

4. The operation of the business will

be the same even if there is
TRAIN law

5. It is different for the operation of

the business to adjust when
there is TRAIN

6. Businessman are discourage to

wider their operation due to
TRAIN

7. More customers will not support

the operation of the business

8. The operation of the business can

result to unemployment due to
TRAIN law

9. No new business will be operated

if there is TRAIN law

10. Businessmen will use

TRAIN law to increase their profit
 Supply Chain 5 4 3 2 1

1. Suppliers complain about the

higher cost of product

2. There are less that are willing to

produce after TRAIN

3. Suppliers find it difficult to

increase the supply of the
product

4. There will be lesser supply of

goods when there is TRAIN law

5. Many suppliers will earn more

when there is tax because they
will overprice the good

6. Supply will be more when the

price of the good is higher

7. Supply is affected by TRAIN

8. The supply is controlled by the

government

9. Supply becomes scarce with

additional taxes

10. Suppliers use illegal means

to increase their supply