Bill Type
Long Title
AN ACT PROVIDING FOR EXEMPTION FROM PAYMENT OF VALUED-ADDED TAX ON THE PURCHASE OF MEDICINES, AMENDING FOR THE PURPOSE THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED
Date filed
July 2, 2007
Scope

Legislative History

House Bill/Resolution NO. HB00268
FULL TITLE : AN ACT PROVIDING FOR EXEMPTION FROM PAYMENT OF VALUED-ADDED TAX ON THE PURCHASE OF MEDICINES, AMENDING FOR THE PURPOSE THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED
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 : ANTONINO-CUSTODIO, DARLENE MAGNOLIA R.
DATE FILED : 2007-07-02
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Almario (002 ) 2. Cua (G.) (011 )
3. Fua (011 ) 4. Codilla (024 )
5. Del Mar (064 )
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2007-07-24

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.