Bill Type
Short Title
TAX REFORM FOR ATTRACTING BETTER AND HIGH-QUALITY OPPORTUNITIES OR TRABAHO
Text as Filed (File)
Third Reading Copy link (HRep)
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
19
Session Type
Document Certification
All Information (Senate Website)
Legislative History (Senate Website)
Committee Referral (Senate Website)
Committee Details
House Committee Report link
Legislative History
| House Bill/Resolution NO. HB08083 | |
| FULL TITLE : AN ACT AMENDING SECTIONS 4, 5, 20, 22, 27, 28, 34, 40, 50, 73, 112, 117, 119, 204, 222, 237, 237-A, 255, 256, 257, 258, 260, 261, 262, 263, 264, 265, 266, 275, 288, 290 AND ADDING SECTIONS 6-A, 282-A, 291, 292, 293, 294, 295, 296, 297, 298, 299, 300, 301, 301-A, 301-B, 302, 303, 304, 305, 306, 307, 308, 309, 310, 311, 312, 313, AND 314 UNDER THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES | |
| SHORT TITLE : Amending Sections 4, 5, 20, 22, 27, 28, 34, 40, 50, 73, 112, 117, 204, 222, 237, 237- A, 255, 256, 257, 258, 260, 261, 262, 263, 264, 265, 266, 275, 288, 290 And Adding Sections 6- A, 282- A, 291, 292, 293, 294, 295, 296, 297, 298, 299, 300, 301, 301- A, 301- B, 302, 303, 304, 305, 306, 307, 308, 309, 310, 311, 312, 313, And 314 Under The National Internal Revenue Code Of 1997, As Amended | |
| ABSTRACT : Aims to reduce the corporate income tax (CIT) rate from 30% to 20%; ensure that the grant of fiscal incentives helps bring in the greatest benefits, such as higher and more dispersed investments, more jobs, and better technology; ensure fairness and transparency in the grant of fiscal incentives; and enhance the accountability of taxpayers through refinement of tax administration. Tax Reform for Attracting Better and High-quality Opportunities or TRABAHO | |
| PRINCIPAL AUTHOR/S : CUA, DAKILA CARLO E., GONZALES, AURELIO "DONG" JR. D., ABU, RANEO "RANIE" E., SUANSING, HORACIO JR. P., SUANSING, ESTRELLITA B., YAP, ARTHUR C., SINGSON, ERIC D., HERRERA-DY, BERNADETTE "BH" C., ANGARA-CASTILLO, BELLAFLOR J., QUIMBO, ROMERO "MIRO" S., GARIN, SHARON S., ZUBIRI, MANUEL F., VILLAFUERTE, LUIS RAYMUND JR. F., BENITEZ, ALFREDO "ALBEE" B., BATOCABE, RODEL M., SALCEDA, JOEY SARTE, SAMBAR, MARK AERON H., FLOIRENDO, ANTONIO R., VIOLAGO, MICAELA S., MENDING, MAKMOD JR. D., ROMERO, MICHAEL ODYLON L., Ph.D., ATIENZA, JOSE JR. L., MONTORO, TEODORO "TED" G., SALO, RON P., CANAMA, SABINIANO S., ALONTE, MARILYN B., MARCOLETA, RODANTE D., GONZAGA, RUWEL PETER S., LOBREGAT, CELSO L., SARMIENTO, CESAR V., SY-ALVARADO, JOSE ANTONIO "KUYA JONATHAN" R., PANGANIBAN, JOSE JR. T. CPA, LLB, ANTONIO, MICHELLE M., AGGABAO, MA. LOURDES R., NOEL, VICTORIA ISABEL G., TY, ARNEL U., BRAVO, ANTHONY M., Ph.D., YU, DIVINA GRACE C., NAVA, MA. LUCILLE L., MD., RELAMPAGOS, RENE L., BERTIZ, ANICETO "JOHN" III D., SAVELLANO, DEOGRACIAS VICTOR B., CO, CHRISTOPHER S., LOPEZ, MANUEL LUIS T., BATAOIL, LEOPOLDO N., MACAPAGAL ARROYO, GLORIA, ANDAYA, ROLANDO JR. G. | |
| DATE FILED : 2018-08-09 | |
| SIGNIFICANCE: NATIONAL | |
| AUTHORS(Final/Third Reading) : | |
| 1. Cua | 2. Gonzales (A.D.) |
| 3. Abu | 4. Suansing (H.) |
| 5. Suansing (E.) | 6. Yap (A.) |
| 7. Singson (E.) | 8. Herrera-Dy |
| 9. Angara-Castillo | 10. Quimbo |
| 11. Garin (S.) | 12. Zubiri |
| 13. Villafuerte | 14. Benitez |
| 15. Batocabe | 16. Salceda |
| 17. Sambar | 18. Floirendo |
| 19. Violago | 20. Mending |
| 21. Romero | 22. Atienza |
| 23. Montoro | 24. Salo |
| 25. Canama | 26. Alonte |
| 27. Marcoleta | 28. Gonzaga |
| 29. Lobregat | 30. Sarmiento (C.) |
| 31. Sy-Alvarado | 32. Panganiban |
| 33. Antonio | 34. Aggabao |
| 35. Noel | 36. Ty |
| 37. Bravo (A.) | 38. Yu |
| 39. Nava | 40. Relampagos |
| 41. Bertiz | 42. Savellano |
| 43. Co | 44. Lopez (M.L.) |
| 45. Bataoil | 46. Macapagal Arroyo |
| 47. Andaya | 48. Lopez (B.) |
| 49. Bravo (M.) | 50. Rocamora |
| 51. Limkaichong | 52. Tan (A.) |
| 53. Bolilia | 54. Sacdalan |
| 55. Aumentado | 56. Eriguel |
| 57. Chipeco | 58. Catamco |
| 59. Lanete | 60. Abueg |
| 61. Ting | 62. Duavit |
| 63. Bautista-Bandigan | 64. Acop |
| 65. Nieto | 66. Ramos |
| 67. Matugas | 68. Marquez |
| 69. Jalosjos | 70. Madrona |
| 71. Panotes | 72. Javier |
| 73. Arbison | 74. Nuñez-Malanyaon |
| 75. Sagarbarria | 76. Uy (J.) |
| 77. Kho | 78. Zamora (M.C.) |
| 79. Sandoval | 80. Nograles (J.J.) |
| 81. Garbin | 82. Calderon |
| 83. Robes | 84. Ermita-Buhain |
| 85. Advincula | 86. Romualdo |
| 87. Barzaga | 88. Tambunting |
| 89. Mangudadatu (S.) | 90. Salimbangon |
| 91. Deloso-Montalla | 92. Tejada |
| 93. Mangudadatu (Z.) | 94. Hofer |
| 95. Caminero | 96. Ortega (P.) |
| 97. Adiong | 98. Ferrer J. |
| 99. Sahali | 100. Lazatin |
| 101. Cortes | 102. Uy (R.) |
| 103. Ong (H.) | 104. Abayon |
| 105. Treñas | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITTEE REPORT NO. 00818 | |
| SUBMITTED ON 2018-08-09 | |
| SUBMITTED BY: WAYS AND MEANS, APPROPRIATIONS | |
| RECOMMENDATIONS: Approval in substitution of House Bill Nos. 36, 231, 1537, 1658, 2379, 3359, 3835, 5384, 6037, 7214, 7364, 7458, 7982 | |
| SUBSTITUTED BILLS: HB05384, HB03835, HB03359, HB02379, HB01658, HB01537, HB00231, HB00036, HB06037, HB07214, HB07364, HB07458, HB07982 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON RULES ON 2018-08-14 | |
| DATE INCLUDED IN OB: 2018-08-14 | |
| DATE CALENDARED : 2018-08-14 | |
| SECOND READING INFORMATION | |
| PERIOD OF SPONSORSHIP : 2018-08-14, 2018-08-28, 2018-08-29, 2018-09-03, 2018-09-04 | |
| SPONSORED BY : Cua;Suansing (E.);Cua;Suansing (E.);Cua;Cua | |
| PERIOD OF INTERPELLATIONS : 2018-08-28, 2018-08-29, 2018-09-03 | |
| INTERPELLATED BY : Ty, Quimbo, Go (M.), Brosas, Lagman, Zarate, Cayetano, Yap (V.), Castro (F.L.), Casilao | |
| DATE SPONSORSHIP/DEBATE CLOSED: 2018-09-03 | |
| PERIOD OF INDIVIDUAL AMENDMENTS : 2018-09-04 | |
| AMENDED BY : Garin (S.), Quimbo, Romualdo | |
| FINAL LIST OF AUTHORS : Cua, Gonzales (A.D.), Abu, Suansing (H.), Suansing (E.), Yap (A.), Singson (E.), Herrera-Dy, Angara-Castillo, Quimbo, Garin (S.), Zubiri, Villafuerte, Benitez, Batocabe, Salceda, Sambar, Floirendo, Violago, Mending, Romero, Atienza, Montoro, Salo, Canama, Alonte, Marcoleta, Gonzaga, Lobregat, Sarmiento (C.), Sy-Alvarado, Panganiban, Antonio, Aggabao, Noel, Ty, Bravo (A.), Yu, Nava, Relampagos, Bertiz, Savellano, Co, Lopez (M.L.), Bataoil, Macapagal Arroyo, Andaya, Lopez (B.), Bravo (M.), Rocamora, Limkaichong, Tan (A.), Bolilia, Sacdalan, Aumentado, Eriguel, Chipeco, Catamco, Lanete, Abueg, Ting, Duavit, Bautista-Bandigan, Acop, Nieto, Ramos, Matugas, Marquez, Jalosjos, Madrona, Panotes, Javier, Arbison, Nuñez-Malanyaon, Sagarbarria, Uy (J.), Kho, Zamora (M.C.), Sandoval, Nograles (J.J.), Garbin, Calderon, Robes, Ermita-Buhain, Advincula, Romualdo, Barzaga, Tambunting, Mangudadatu (S.), Salimbangon, Deloso-Montalla, Tejada, Mangudadatu (Z.), Hofer, Caminero, Ortega (P.), Adiong, Ferrer J., Sahali, Lazatin, Cortes, Uy (R.), Ong (H.), Abayon, Treñas | |
| DATE APPROVED ON SECOND READING : 2018-09-04 | |
| REMARKS : Manifestation of Hon. Batocabe and Hon. Garin on Sept. 3, 2018 | |
| THIRD READING INFORMATION | |
| DATE COPY DISTRIBUTED TO MEMBERS: 2018-09-06 | |
| DATE APPROVED BY THE HOUSE ON THIRD READING :2018-09-10 | |
| HOUSE VOTES: YEAS:188 NAYS:15 ABSTAIN:.3 | |
| Voting Details Per Member(Legend:Y-Yes N-No A-Abstain X-Did Not Vote B-Absent D-N/A) | |
| D---Abad--(N/A) | B---Abaya--(Absent) |
| Y---Abayon | B---Abellanosa--(Absent) |
| Y---Abu | X---Abueg |
| Y---Acharon | Y---Acop |
| B---Acosta--(Absent) | Y---Acosta-Alba |
| Y---Adiong | Y---Advincula |
| Y---Agarao | Y---Aggabao |
| D---Aglipay-Villar--(N/A) | D---Akbar--(N/A) |
| B---Albano--(Absent) | B---Alcala--(Absent) |
| N---Alejano | B---Almario--(Absent) |
| Y---Almonte | Y---Alonte |
| Y---Alvarez (F.) | Y---Alvarez (M.) |
| B---Alvarez (P.)--(Absent) | B---Amante--(Absent) |
| Y---Amatong (I.) | Y---Andaya |
| D---Ang--(N/A) | Y---Angara-Castillo |
| Y---Antonino | Y---Antonio |
| Y---Aragones | B---Arbison--(Absent) |
| X---Arcillas | Y---Arenas |
| N---Atienza | X---Aumentado |
| X---Bag-ao | Y---Bagatsing |
| A---Baguilat | N---Banal |
| B---Barbers--(Absent) | B---Barzaga--(Absent) |
| Y---Bataoil | Y---Batocabe |
| Y---Bautista-Bandigan | Y---Belaro |
| Y---Belmonte (F.) | N---Belmonte (J.C.) |
| B---Belmonte (R.)--(Absent) | Y---Benitez |
| X---Bernos | Y---Bertiz |
| Y---Biazon | B---Billones--(Absent) |
| B---Biron--(Absent) | Y---Bolilia |
| X---Bondoc | N---Bordado |
| Y---Bravo (A.) | Y---Bravo (M.) |
| N---Brosas | X---Bulut-Begtang |
| Y---Cagas | Y---Calalang |
| Y---Calderon | Y---Calixto-Rubiano |
| Y---Caminero | Y---Campos |
| B---Canama--(Absent) | Y---Cari |
| N---Casilao | Y---Castelo |
| N---Castro (F.L.) | Y---Castro (F.H.) |
| Y---Catamco | Y---Cayetano |
| B---Celeste--(Absent) | Y---Cerafica |
| Y---Cerilles Enerio | B---Chavez--(Absent) |
| X---Chipeco | B---Co--(Absent) |
| B---Cojuangco--(Absent) | Y---Collantes |
| Y---Cortes | Y---Cortuna |
| B---Cosalan--(Absent) | X---Crisologo |
| Y---Cua | Y---Cuaresma |
| Y---Cueva | Y---Dalipe |
| D---Dalog--(N/A) | Y---Datol |
| N---Daza | X---De Jesus |
| Y---De Venecia | X---De Vera |
| Y---Defensor | X---Del Mar |
| Y---Del Rosario | Y---Deloso-Montalla |
| Y---Dimaporo (A.) | Y---Dimaporo (M.K.) |
| Y---Duavit | Y---Durano |
| B---Dy--(Absent) | N---Elago |
| Y---Enverga | B---Erice--(Absent) |
| Y---Eriguel | Y---Ermita-Buhain |
| Y---Escudero | Y---Espina |
| Y---Espino | Y---Estrella |
| Y---Eusebio | Y---Evardone |
| X---Fariñas | Y---Fernando |
| Y---Ferrer J. | Y---Ferrer L. |
| Y---Ferriol-Pascual | Y---Floirendo |
| Y---Flores | Y---Fortun |
| Y---Fortuno | B---Fuentebella--(Absent) |
| Y---Garbin | D---Garces--(N/A) |
| X---Garcia (G.) | Y---Garcia (J.E.) |
| X---Garcia-Albano | B---Garin (O.)--(Absent) |
| Y---Garin (S.) | Y---Gasataya |
| Y---Gatchalian | X---Geron |
| Y---Go (A.C.) | Y---Go (M.) |
| X---Gomez | B---Gonzaga--(Absent) |
| Y---Gonzales (A.P.) | Y---Gonzales (A.D.) |
| Y---Gonzalez | B---Gorriceta--(Absent) |
| Y---Gullas | B---Hernandez (F.)--(Absent) |
| D---Hernandez (P.)--(N/A) | Y---Herrera-Dy |
| Y---Hofer | X---Jalosjos |
| X---Javier | Y---Kho |
| Y---Khonghun | X---Labadlabad |
| Y---Lacson | N---Lagman |
| Y---Lanete | Y---Laogan |
| Y---Lazatin | Y---Leachon |
| Y---Lee | Y---Limkaichong |
| Y---Lobregat | Y---Lopez (B.) |
| B---Lopez (C.)--(Absent) | Y---Lopez (M.L.) |
| B---Loyola--(Absent) | Y---Macapagal Arroyo |
| Y---Maceda | B---Madrona--(Absent) |
| Y---Aquino-Magsaysay | Y---Nuñez-Malanyaon |
| Y---Malapitan | Y---Manalo |
| Y---Mangaoang | B---Mangudadatu (S.)--(Absent) |
| B---Mangudadatu (Z.)--(Absent) | X---Marcoleta |
| Y---Marcos | B---Mariño--(Absent) |
| B---Marquez--(Absent) | Y---Martinez |
| Y---Matugas | X---Mellana |
| X---Mending | B---Mendoza--(Absent) |
| X---Mercado | Y---Mirasol |
| Y---Montoro | Y---Nava |
| Y---Nieto | Y---Noel |
| Y---Nograles (J.J.) | B---Nograles (K.A.)--(Absent) |
| Y---Nolasco | Y---Oaminal |
| B---Ocampo--(Absent) | Y---Olivarez |
| Y---Ong (H.) | Y---Ong (E.) |
| Y---Ortega (P.) | Y---Ortega (V.N.) |
| X---Pacquiao | Y---Paduano |
| Y---Palma | Y---Pancho |
| Y---Panganiban | Y---Panotes |
| Y---Papandayan | B---Pichay--(Absent) |
| D---Pico--(N/A) | B---Pimentel--(Absent) |
| Y---Pineda | X---Plaza |
| Y---Primicias-Agabas | Y---Roa-Puno |
| N---Quimbo | Y---Radaza |
| X---Ramirez-Sato | Y---Ramos |
| Y---Relampagos | B---Revilla--(Absent) |
| Y---Robes | X---Rocamora |
| Y---Rodriguez (I.) | B---Rodriguez (M.)--(Absent) |
| Y---Roman | Y---Romero |
| Y---Romualdez | Y---Romualdo |
| D---Roque (H.)--(N/A) | Y---Roque (R.N.) |
| Y---Sacdalan | Y---Sagarbarria |
| X---Sahali | B---Salceda--(Absent) |
| Y---Salimbangon | B---Salo--(Absent) |
| Y---Salon | B---Sambar--(Absent) |
| Y---Sandoval | X---Sangcopan |
| X---Santos-Recto | Y---Sarmiento (C.) |
| Y---Sarmiento (E.M.) | Y---Savellano |
| B---Sema--(Absent) | Y---Siao |
| Y---Silverio | Y---Singson (E.) |
| Y---Suansing (E.) | Y---Suansing (H.) |
| Y---Suarez | Y---Sy-Alvarado |
| Y---Tambunting | Y---Tan (A.) |
| B---Tan (M.)--(Absent) | B---Tan (S.)--(Absent) |
| Y---Tejada | A---Teves |
| B---Tiangco--(Absent) | Y---Ting |
| B---Tinio--(Absent) | Y---Tolentino |
| Y---Treñas | Y---Tugna |
| Y---Tupas | D---Turabin-Hataman--(N/A) |
| X---Ty | B---Umali--(Absent) |
| Y---Unabia | Y---Ungab |
| Y---Unico | Y---Uy (J.) |
| Y---Uy (R.) | Y---Uybarreta |
| X---Vargas | Y---Vargas-Alfonso |
| Y---Velarde | Y---Velasco, L.A. |
| Y---Velasco-Catera | Y---Veloso |
| B---Vergara--(Absent) | Y---Villafuerte |
| Y---Villanueva | D---Villar--(N/A) |
| Y---Villaraza-Suarez | Y---Villarica |
| N---Villarin | Y---Violago |
| Y---Yap (A.) | Y---Yap (M.) |
| Y---Yap (V.) | X---Yu |
| B---Zamora (M.C.)--(Absent) | X---Zamora (R.) |
| N---Zarate | A---Zubiri |
| DATE TRANSMITTED TO THE SENATE: 2018-09-11 | |
| ACTIONS TAKEN BY THE SENATE/HOUSE | |
| DATE RECEIVED BY THE SENATE: 2018-09-11 | |
| REMARKS : Voting records were corrected on Sept. 12, 2018 to reflect the votes of Hon. Bondoc and Hon. Santos-Recto |
Senate Legislative History
Entitled: AN ACT AMENDING SECTIONS 4, 5, 20, 22, 27, 28, 34, 40, 50, 73, 112, 117, 204, 222, 237, 237-A, 255, 256, 257, 258, 260, 261, 262, 263, 264, 265, 266, 275, 288, 290 AND ADDING SECTIONS 6-A, 282-A, 291, 292, 293, 294, 295, 296, 297, 298, 299, 300, 301, 301-A, 301-B, 302, 303, 304, 305, 306, 307, 308, 309, 310, 311, 312, 313, AND 314 UNDER THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES [ THIRD REGULAR SESSION, 17TH CONGRESS ] [ 2018 ] Introduced by Representatives DAKILA CARLO E. CUA, AURELIO JR. "DONG" D. GONZALES, RANEO E. ABU, HORACIO JR. P. SUANSING, et. al.; Approved on Third Reading by the House of Representatives on September 10, 2018; 9/11/2018 Sent to the Senate requesting for concurrence; 9/12/2018 Read on First Reading and Referred to the Committee on WAYS AND MEANS; (The legislative history/plenary deliberations is prepared by the INDEXING, MONITORING AND LIS SECTION, LEGISLATIVE BILLS AND INDEX SERVICE; The data entry on committee meetings is prepared by the Committee Affairs Bureau)
Abstract
Aims to reduce the corporate income tax (CIT) rate from 30% to 20%; ensure that the grant of fiscal incentives helps bring in the greatest benefits, such as higher and more dispersed investments, more jobs, and better technology; ensure fairness and transparency in the grant of fiscal incentives; and enhance the accountability of taxpayers through refinement of tax administration. Tax Reform for Attracting Better and High-quality Opportunities or TRABAHO
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.