Legislative History
| House Bill/Resolution NO. HB00276 | |
| FULL TITLE : AN ACT CREATING THE NATIONAL REVENUE AUTHORITY, PROVIDING FUNDS THEREFOR AND FOR OTHER PURPOSES | |
| SHORT TITLE : National Revenue Authority Act of 2004 | |
| ABSTRACT : "National Revenue Authority Act of 2004". The national government's deficit increased from 1.9% of the gross domestic product in 1998 to 4.6% in 2003. To reduce the deficit without compromising development spending, the government needs to improve tax collection, particularly in the Bureau of Internal Revenue (BIR), which accounts for about 80% of total tax collection. The bill seeks the creation of the National Revenue Authority (NRA) to address the taxpayers' growing dissatisfaction particularly over frontline services, high level of tax evasion/avoidance and increasing perception of corruption in the BIR. The NRA is envisioned to be free from political interference. | |
| PRINCIPAL AUTHOR/S : DE VENECIA, JOSE JR. C. | |
| DATE FILED : 2004-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Lacson (002 ) | 2. Amin (006 ) |
| 3. Arroyo (006 ) | 4. Codilla (006 ) |
| 5. Badelles (012 ) | 6. Marcos (012 ) |
| 7. Abayon (015 ) | 8. Jaraula (017 ) |
| 9. Mangudadatu (017 ) | 10. Abaya (029 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2004-11-17 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS, GOOD GOVERNMENT, GOVERNMENT REORGANIZATION | |
| PREVIOUS COMMITTEE REFERRALS :PRIMARILY REFERRED TO GOVERNMENT REORGANIZATION on 2004-07-27;SECONDARILY REFERRED TO WAYS AND MEANS on 2004-07-27; |
Abstract
"National Revenue Authority Act of 2004". The national government's deficit increased from 1.9% of the gross domestic product in 1998 to 4.6% in 2003. To reduce the deficit without compromising development spending, the government needs to improve tax collection, particularly in the Bureau of Internal Revenue (BIR), which accounts for about 80% of total tax collection. The bill seeks the creation of the National Revenue Authority (NRA) to address the taxpayers' growing dissatisfaction particularly over frontline services, high level of tax evasion/avoidance and increasing perception of corruption in the BIR. The NRA is envisioned to be free from political interference.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.