Bill Type
Long Title
AN ACT EXEMPTING THE SALE OF DRUGS OR MEDICINES FROM VALUE-ADDED TAX, AMENDING REPUBLIC ACT NUMBERED EIGHTY-FOUR HUNDRED AND TWENTY-FOUR, AS AMENDED, OTHERWISE KNOWN AS "THE TAX REFORM ACT OF 1997"
Congress Author
Date filed
August 29, 2007
Scope

Legislative History

House Bill/Resolution NO. HB02298
FULL TITLE : AN ACT EXEMPTING THE SALE OF DRUGS OR MEDICINES FROM VALUE-ADDED TAX, AMENDING REPUBLIC ACT NUMBERED EIGHTY-FOUR HUNDRED AND TWENTY-FOUR, AS AMENDED, OTHERWISE KNOWN AS "THE TAX REFORM ACT OF 1997"
ABSTRACT : The bill seeks to exempt the sale of medicines to the general public from the ambit of the value-added tax.
PRINCIPAL AUTHOR/S : ROXAS, JOSE ANTONIO F.
DATE FILED : 2007-08-29
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Prieto-Teodoro (023 ) 2. Lazatin (030 )
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2007-09-05

Abstract

The bill seeks to exempt the sale of medicines to the general public from the ambit of the value-added tax.

Disclaimer

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