Bill Type
Congress Name
Long Title
AN ACT EXEMPTING THE PHILIPPINE FILM AND MOVIE INDUSTRY FROM THE PAYMENT OF CERTAIN TAXES, AMENDING FOR THE PURPOSE CERTAIN PROVISIONS OF THE LOCAL GOVERNMENT CODE OF 1991, THE NATIONAL INTERNAL REVENUE CODE OF THE PHILIPPINES, AND FOR OTHER PURPOSES
Date filed
August 22, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB02183 |
| FULL TITLE : AN ACT EXEMPTING THE PHILIPPINE FILM AND MOVIE INDUSTRY FROM THE PAYMENT OF CERTAIN TAXES, AMENDING FOR THE PURPOSE CERTAIN PROVISIONS OF THE LOCAL GOVERNMENT CODE OF 1991, THE NATIONAL INTERNAL REVENUE CODE OF THE PHILIPPINES, AND FOR OTHER PURPOSES |
| ABSTRACT : The measure exempts producers of films classified as general patronage and parental guidance 13 from the payment of amusement tax imposed by local governments. It also exmpts producers from the payment of value-added tax on importation of raw materials and equipment to be used in making films. |
| PRINCIPAL AUTHOR/S : RODRIGUEZ, RUFUS B. |
| DATE FILED : 2007-08-22 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE |
| MOTHER BILL: HB05624 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 2007-09-03 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS |
Abstract
The measure exempts producers of films classified as general patronage and parental guidance 13 from the payment of amusement tax imposed by local governments. It also exmpts producers from the payment of value-added tax on importation of raw materials and equipment to be used in making films.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.