Bill Type
Congress Name
Long Title
FULL TITLE : AN ACT AMENDING SECTIONS 6, 22, 24, 25, 31, 33, 34, 79, 84, 86, 99, 106, 107, 108, 109, 113, 116, 148, 149, 155, 232, 237 AND 288; CREATING NEW SECTIONS 148-A, 237-A, 264-A AND 264-B; AND REPEALING SECTIONS 35 AND 62 ALL UNDER REPUBLIC ACT NO. 8424 OTHERWISE KNOWN AS "THE NATIONAL INTERNAL REVENUE CODE OF 1997"
Text as filed (link)
Date filed
January 17, 2017
Scope
Legislative History
| House Bill/Resolution NO. HB04774 | |
| FULL TITLE : AN ACT AMENDING SECTIONS 6, 22, 24, 25, 31, 33, 34, 79, 84, 86, 99, 106, 107, 108, 109, 113, 116, 148, 149, 155, 232, 237 AND 288; CREATING NEW SECTIONS 148-A, 237-A, 264-A AND 264-B; AND REPEALING SECTIONS 35 AND 62 ALL UNDER REPUBLIC ACT NO. 8424 OTHERWISE KNOWN AS "THE NATIONAL INTERNAL REVENUE CODE OF 1997" | |
| ABSTRACT : Seeks to lower personal income taxes, broadening the VAT base, adjusting excise taxes on petroleum and automobiles, and reducing the estate and donor's tax. Provides for the following tax administration measures: a) mandatory use of fuel marking; b) mandatory issuance of e-receipts c) mandatory interconnection of large and medium firms point of sale machines and accounting system with BIR; d) mandatory use of GPS locks when transporting cargo from ports to economic zones and free ports; and e) relaxation of bank secrecy for fraud cases. | |
| ALIAS NAME : Tax Reform for Acceleration and Inclusion | |
| PRINCIPAL AUTHOR/S : CUA, DAKILA CARLO E. | |
| DATE FILED : 2017-01-17 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Salimbangon (062 2017-01-25) | 2. Tan (A.) (063 2017-01-30) |
| 3. Rocamora (070 2017-02-14) | 4. Rodriguez (M.) (073 2017-02-21) |
| 5. Singson (E.) (073 2017-02-21) | 6. Alvarez (F.) (076 2017-02-28) |
| 7. Ungab (076 2017-02-28) | 8. Montoro (076 2017-02-28) |
| 9. Marcoleta (076 2017-02-28) | 10. Mangudadatu (S.) (076 2017-02-28) |
| 11. Amatong (I.) (076 2017-02-28) | 12. Acosta (076 2017-02-28) |
| 13. Catamco (076 2017-02-28) | 14. Biazon (078 2017-03-06) |
| 15. Floirendo (078 2017-03-06) | 16. Tupas (079 2017-03-07) |
| 17. Sahali (079 2017-03-07) | 18. Ting (079 2017-03-07) |
| 19. Nograles (K.A.) (079 2017-03-07) | 20. Uy (J.) (079 2017-03-07) |
| 21. Lanete (079 2017-03-07) | 22. Daza (079 2017-03-07) |
| 23. Biron (079 2017-03-07) | 24. Marquez (079 2017-03-07) |
| 25. Celeste (079 2017-03-07) | 26. Gasataya (079 2017-03-07) |
| 27. Vargas-Alfonso (079 2017-03-07) | 28. Garin (S.) (079 2017-03-07) |
| 29. Ortega (P.) (079 2017-03-07) | 30. Jalosjos (079 2017-03-07) |
| 31. Almario (079 2017-03-07) | 32. Advincula (079 2017-03-07) |
| 33. Batocabe (079 2017-03-07) | 34. Salceda (079 2017-03-07) |
| 35. Yap (A.) (082 2017-03-14) | 36. Nograles (J.J.) (082 2017-03-14) |
| 37. Antonio (082 2017-03-14) | 38. Sarmiento (E.M.) (082 2017-03-14) |
| 39. Nieto (084 2017-05-02) | 40. Villanueva (084 2017-05-02) |
| 41. Amante (084 2017-05-02) | 42. Hofer (084 2017-05-02) |
| 43. Marcos (084 2017-05-02) | 44. Belmonte (R.) (084 2017-05-02) |
| 45. Collantes (084 2017-05-02) | 46. Romualdo (084 2017-05-02) |
| 47. Dy (084 2017-05-02) | 48. Lacson (084 2017-05-02) |
| 49. Canama (084 2017-05-02) | 50. Belaro (084 2017-05-02) |
| 51. Pichay (084 2017-05-02) | 52. Oaminal (084 2017-05-02) |
| 53. Tan (S.) (084 2017-05-02) | 54. Defensor (084 2017-05-02) |
| 55. Deloso-Montalla (084 2017-05-02) | 56. Aggabao (084 2017-05-02) |
| 57. Radaza (084 2017-05-02) | 58. Zamora (R.) (084 2017-05-02) |
| 59. Uybarreta (084 2017-05-02) | 60. Barbers (084 2017-05-02) |
| 61. Suansing (E.) (084 2017-05-02) | 62. Co (084 2017-05-02) |
| 63. Robes (084 2017-05-02) | 64. Papandayan (084 2017-05-02) |
| 65. Paduano (084 2017-05-02) | 66. Gonzales (A.D.) (084 2017-05-02) |
| 67. Hernandez (F.) (084 2017-05-02) | 68. Nolasco (084 2017-05-02) |
| 69. De Venecia (085 2017-05-03) | 70. Caminero (086 2017-05-08) |
| 71. Castro (F.H.) (086 2017-05-08) | 72. Cortuna (086 2017-05-08) |
| 73. Campos (086 2017-05-08) | 74. Ferrer L. (086 2017-05-08) |
| 75. Manalo (086 2017-05-08) | 76. Cerafica (086 2017-05-08) |
| 77. Silverio (086 2017-05-08) | 78. Alonte (089 2017-05-15) |
| 79. Calderon (089 2017-05-15) | 80. Cuaresma (089 2017-05-15) |
| 81. Mercado (089 2017-05-15) | 82. Savellano (089 2017-05-15) |
| 83. Javier (089 2017-05-15) | 84. Espina (089 2017-05-15) |
| 85. Leachon (089 2017-05-15) | 86. Yu (089 2017-05-15) |
| 87. Mellana (090 2017-05-16) | 88. Sacdalan (090 2017-05-16) |
| 89. Cerilles Enerio (090 2017-05-16) | 90. Bernos (090 2017-05-16) |
| 91. Mangudadatu (Z.) (090 2017-05-16) | 92. Lazatin (091 2017-05-17) |
| 93. Roa-Puno (091 2017-05-17) | 94. Unico (092 2017-05-22) |
| 95. Sagarbarria (092 2017-05-22) | 96. Arbison (092 2017-05-22) |
| 97. Velasco, L.A. (092 2017-05-22) | 98. Chipeco (093 2017-05-23) |
| 99. Pancho (093 2017-05-23) | 100. Acop (095 2017-05-29) |
| 101. Bataoil (095 2017-05-29) | 102. Sambar (095 2017-05-29) |
| 103. Vargas (095 2017-05-29) | 104. Sema (095 2017-05-29) |
| 105. Evardone (008 2017-08-08) | 106. Garcia-Albano (025 2017-09-18) |
| 107. Angara-Castillo (029 2017-09-26) | |
| AUTHORSHIP WITHDRAWALS: | |
| Castro (F.L.)(2017-05-17) | |
| Tinio(2017-05-17) | |
| Lazatin(2017-05-23) | |
| () | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITEE HEARINGS/ACTIONS: | |
| 1. Scheduled for meeting/hearing on 2017-05-10 | |
| 2. Approved by the Committee on Appropriations on 2017-05-10 | |
| MOTHER BILL: HB05636 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2017-01-18 |
Abstract
Seeks to lower personal income taxes, broadening the VAT base, adjusting excise taxes on petroleum and automobiles, and reducing the estate and donor's tax. Provides for the following tax administration measures: a) mandatory use of fuel marking; b) mandatory issuance of e-receipts c) mandatory interconnection of large and medium firms point of sale machines and accounting system with BIR; d) mandatory use of GPS locks when transporting cargo from ports to economic zones and free ports; and e) relaxation of bank secrecy for fraud cases.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.