Bill Type
Congress Name
Long Title
AN ACT IMPOSING EXCISE TAX ON SOFTDRINKS, AMENDING FOR THE PURPOSE THE NATIONAL INTERNAL REVENUE CODE OF 1993
Date filed
September 9, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB03440 |
| FULL TITLE : AN ACT IMPOSING EXCISE TAX ON SOFTDRINKS, AMENDING FOR THE PURPOSE THE NATIONAL INTERNAL REVENUE CODE OF 1993 |
| ABSTRACT : Imposes an excise tax on softdrinks, as follows: (1) foreign brand - P2.00/liter of volume capacity; (2) local brand - P1.20/liter of volume capacity. |
| PRINCIPAL AUTHOR/S : GARCIA, ENRIQUE JR. T. |
| DATE FILED : 1998-09-09 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1998-09-29 |
Abstract
Imposes an excise tax on softdrinks, as follows: (1) foreign brand - P2.00/liter of volume capacity; (2) local brand - P1.20/liter of volume capacity.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.