Bill Type
Long Title
AN ACT ALLOWING NEWLY ESTABLISHED CORPORATIONS OR FIRMS NEWLY VENTURING INTO OTHER LINES OR AREAS OF BUSINESS TO DEDUCT THEIR OPERATIONAL LOSSES DURING THE TAXABLE YEAR AND THE YEAR THEREAFTER, AMENDING FOR THIS PURPOSE SECTION 29 (2) OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED
Date filed
July 29, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01471 |
| FULL TITLE : AN ACT ALLOWING NEWLY ESTABLISHED CORPORATIONS OR FIRMS NEWLY VENTURING INTO OTHER LINES OR AREAS OF BUSINESS TO DEDUCT THEIR OPERATIONAL LOSSES DURING THE TAXABLE YEAR AND THE YEAR THEREAFTER, AMENDING FOR THIS PURPOSE SECTION 29 (2) OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED |
| ABSTRACT : Seeks to stimulate investments by making the business climate more attractice and interesting to potential investors. |
| PRINCIPAL AUTHOR/S : FLOIRENDO, ANTONIO JR. R. |
| DATE FILED : 1998-07-29 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1998-08-04 |
Abstract
Seeks to stimulate investments by making the business climate more attractice and interesting to potential investors.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.