Bill Type
Congress Name
Long Title
AN ACT SHIFTING THE FORM OF TAXATION ON CRUDE OIL AND PETROLEUM PRODUCTS FROM VALUE-ADDED TAX TO EXCISE TAX, AMENDING FOR THE PURPOSE SECTIONS 109 AND 148 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED
Date filed
June 4, 2008
Scope
Legislative History
| House Bill/Resolution NO. HB04268 |
| FULL TITLE : AN ACT SHIFTING THE FORM OF TAXATION ON CRUDE OIL AND PETROLEUM PRODUCTS FROM VALUE-ADDED TAX TO EXCISE TAX, AMENDING FOR THE PURPOSE SECTIONS 109 AND 148 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED |
| ABSTRACT : Proposes to shift back the regime of taxation on petroleum products from the value-added tax systemt to specific tax system. |
| PRINCIPAL AUTHOR/S : JAVIER, EXEQUIEL B. |
| DATE FILED : 2008-06-04 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Scheduled for first meeting/hearing on 2008-07-29 |
| 2. Under deliberation by the Mother Committee on 2008-08-05 |
| 3. Under deliberation by the Mother Committee on 2008-08-12 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2008-06-10 |
Abstract
Proposes to shift back the regime of taxation on petroleum products from the value-added tax systemt to specific tax system.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.