Bill Type
House Bill
Congress Name
14th Congress of the Republic
Long Title
THE CONSOLIDATED INVESTMENTS AND INCENTIVES CODE OF THE PHILIPPINES
Congress Author
JAVIER, EXEQUIEL B.
Date filed
August 2, 2007
Scope
NATIONAL

Legislative History

House Bill/Resolution NO. HB01757
FULL TITLE : THE CONSOLIDATED INVESTMENTS AND INCENTIVES CODE OF THE PHILIPPINES
SHORT TITLE : "The Consolidated Investments and Incentives Code of the Philippines"
ABSTRACT : "The Consolidated Investments and Incentives Code of the Philippines". The bill offers a uniform set of incentives for all investment promotion agencies like income tax holiday or net operating loss carry over, accelerated depreciation, tax and duty free importation of capital equipment, tax credit on raw materials, and deferred imposition of the minimum corporate income tax, among others.
PRINCIPAL AUTHOR/S : JAVIER, EXEQUIEL B.
DATE FILED : 2007-08-02
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Puentevella (023 ) 2. Chatto (051 )
3. Olano (017 )
ACTIONS TAKEN BY THE COMMITTEE
COMMITEE HEARINGS/ACTIONS:
      1. Scheduled for first meeting/hearing on 2007-11-20
      2. Under deliberation by the Mother Committee on 2008-01-29
      3. Under deliberation by the Mother Committee on 2008-02-12
      4. Under study by the Technical Working Group(TWG) on 2008-02-18
      5. Under study by the Technical Working Group(TWG) on 2008-04-10
      6. Under study by the Technical Working Group(TWG) on 2008-06-04
      7. Under deliberation by the Mother Committee on 2008-09-02
      8. Approved by the Committee on 2008-09-16
      9. Committee Report filed on 2008-09-30
MOTHER BILL: HB05241
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2007-09-26
PREVIOUS COMMITTEE REFERRALS :PRIMARILY REFERRED TO TRADE AND INDUSTRY on 2007-08-14;

Abstract

"The Consolidated Investments and Incentives Code of the Philippines". The bill offers a uniform set of incentives for all investment promotion agencies like income tax holiday or net operating loss carry over, accelerated depreciation, tax and duty free importation of capital equipment, tax credit on raw materials, and deferred imposition of the minimum corporate income tax, among others.

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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.