Bill Type
Long Title
AN ACT AMENDING SECTION 222 OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE "TAX REFORM ACT OF 1997"
Congress Author
Date filed
September 27, 2007
Scope

Legislative History

House Bill/Resolution NO. HB02734
FULL TITLE : AN ACT AMENDING SECTION 222 OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE "TAX REFORM ACT OF 1997"
ABSTRACT : The bill limits the exceptions to the three-year prescriptive period in assessing taxes by removing "false returns" as one of the exceptions.
PRINCIPAL AUTHOR/S : BINAY, MAR-LEN ABIGAIL S.
DATE FILED : 2007-09-27
SIGNIFICANCE: NATIONAL
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2007-10-04

Abstract

The bill limits the exceptions to the three-year prescriptive period in assessing taxes by removing "false returns" as one of the exceptions.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.