Bill Type
Congress Name
Long Title
AN ACT SUBJECTING TRANSACTIONS INVOLVING THE SALE OF ELECTRICITY AND PETROLEUM PRODUCTS TO ZERO-PERCENT (0%) VALUE-ADDED TAX (VAT), AMENDING FOR THE PURPOSE SECTION 108 (B) OF REPUBLIC ACT NO. 8424, AS AMENDED BY REPUBLIC ACT NO. 9337, OTHERWISE KNOWN AS THE TAX REFORM ACT OF 1997, AND FOR OTHER PURPOSES
Text as filed (link)
Date filed
August 4, 2008
Scope
Legislative History
| House Bill/Resolution NO. HB04902 |
| FULL TITLE : AN ACT SUBJECTING TRANSACTIONS INVOLVING THE SALE OF ELECTRICITY AND PETROLEUM PRODUCTS TO ZERO-PERCENT (0%) VALUE-ADDED TAX (VAT), AMENDING FOR THE PURPOSE SECTION 108 (B) OF REPUBLIC ACT NO. 8424, AS AMENDED BY REPUBLIC ACT NO. 9337, OTHERWISE KNOWN AS THE TAX REFORM ACT OF 1997, AND FOR OTHER PURPOSES |
| ABSTRACT : Provides for the suspension of the imposition of the value-added tax on electricity and petroleum products for eighteen (18) months. |
| PRINCIPAL AUTHOR/S : TUPAS, NIEL JR. C. |
| DATE FILED : 2008-08-04 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Scheduled for first meeting/hearing on 2008-08-12 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2008-08-11 |
Abstract
Provides for the suspension of the imposition of the value-added tax on electricity and petroleum products for eighteen (18) months.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.