An Act Exempting Books, Newspapers, Magazines, Journals, Reviews, Bulletins And Other Educational Or Learning Material Made Of Published In Digital Or Electronic Format From Value-Added Tax, Amending For The Purpose Section 109 (1) Of The National Internal Revenue Code Of 1997, As Amended

• Guided by the principle that laws must reflect the changing times and encouraged by the countless benefits that e-books will provide the students and researchers in this country, the proposed Bill seeks to exempt books, newspapers, magazines, journals, reviews, bulletins and other educational or learning materials made or published in digital or electronic format from value-added tax.