Tag

// National Internal Revenue Code (NIRC)
JUL
08
2013

SBN-619: Modernizing Agriculture

An Act Modernizing Agriculture, Providing Funds From the Annual Value-Added Tax Collections, Amending for the Purpose the National Internal Revenue Code of 1997, as Amended Proposes to add a new Section in the NIRC entitled, “Disposition of Proceeds of Value-Added
JUL
08
2013

SBN-614: Education for All Initiatives

An Act Financing the ‘Education for All Initiatives’ From the Annual Value-Added Tax Collections, Amending for the Purpose the National Internal Revenue Code of 1997, as Amended Allocates ten percent (10%) of the annual Value Added Tax (VAT) collections to support different
JUL
08
2013

SBN-616: Modernizing Healthcare and Health Infrastructure

An Act Modernizing Healthcare and Health Infrastructure, Providing Funds From the Annual Value-Added Tax Collections, Amending for the Purpose the National Internal Revenue Code of 1997, as Amended Allocating 10% of annual VAT collections to fund the following: a) 10% to expand
JUL
08
2013

SBN-612: Condonation of All Unpaid Taxes Due From Local Water Districts

An Act Removing The Conditions For The Condonation Of All Unpaid Taxes Due From Local Water Districts, Amending For The Purpose Section 289-A Of The National Internal Revenue Code, As Amended Allows a greater number of LWDs to benefit from the true intent of the law by removing
JUL
08
2013

SBN-625: Philippine National Railways Rehabilitation

An Act to Reconstruct and Rehabilitate the Existing 479-Kilometer Philippine National Railways Line From San Fernando, La Union to Legazpi City, Albay, Providing Funds From the Annual Value-Added Tax Collections, Amending For The Purpose The National Internal Revenue Code Of
JUL
04
2013

SBN-457: Increasing the Excise Tax on Minerals, Mineral Products and Quarry Resources

An Act Increasing The Excise Tax On Minerals, Mineral Products And Quarry Resources, Amending For The Purpose Certain Sections Of The National Internal Revenue Code Of 1997, as Amended Proposes tax increase on minerals and quarry resources from two percent (2%) to seven percent
JUL
04
2013

SBN-461: Increasing the Threshold for Certain Non-VAT Taxpayers

An Act Increasing the Threshold for Certain Non-VAT Taxpayers, Amending for the Purpose Sections 109 and 236 of the National Internal Revenue Code of 1997, as Amended By Republic Act No. 9337 Increases from One Million Five Hundred Thousand Pesos (P1,500,000) to Three Million
JUL
04
2013

SBN-462: Authorizing the President to Lower the Rate of VAT to 10%

An Act Authorizing the President of the Philippines to Lower the Rate of Value Added Tax to Ten Percent (10%), Amending for the Purpose Sections 106 (A), 107 (A), and 108 (A) of the National Internal Revenue Code Of 1997, As Amended By Republic Act No. 9337 Seeks to authorize the
JUL
04
2013

SBN-453: Excluding Overtime Pay From the Computation of Taxable Income

An Act Excluding Overtime Pay From the Computation of Taxable Income Amending for the Purpose Section 32 (B) (7) of Republic Act No. 8424, Otherwise Known as the National Internal Revenue Code Of 1997, As Amended This bill, expected to benefit an estimated 37.7 M employees from
JUL
04
2013

SBN-452: Excluding 13th Month Pay From the Computation of Taxable Income

An Act Excluding 13th Month Pay and Other Benefits From the Computation of Taxable Income Amending for the Purpose Section 32 (B) (7) (E) of Republic Act No. 8424 Otherwise Known as the National Internal Revenue Code Of 1997, As Amended This bill, expected to benefit an