Bill Type
Congress Name
Long Title
AN ACT ADOPTING THE GROSS INCOME TAXATION FOR CORPORATIONS AMENDING FOR THE PURPOSE PERTINENT PROVISIONS OF TITLE II OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND F0R OTHER PURPOSES
Date filed
November 9, 2004
Scope
Legislative History
House Bill/Resolution NO. HB03256 |
FULL TITLE : AN ACT ADOPTING THE GROSS INCOME TAXATION FOR CORPORATIONS AMENDING FOR THE PURPOSE PERTINENT PROVISIONS OF TITLE II OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND F0R OTHER PURPOSES |
ABSTRACT : The bill imposes a uniform 15% income tax rate on the gross income of corporations derived from all sources within and without the Philippines. |
PRINCIPAL AUTHOR/S : DIAZ, ANTONIO M. |
DATE FILED : 2004-11-09 |
SIGNIFICANCE: NATIONAL |
ACTIONS TAKEN BY THE COMMITTEE ON RULES |
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2004-11-16 |
Abstract
The bill imposes a uniform 15% income tax rate on the gross income of corporations derived from all sources within and without the Philippines.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.