Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTION 108 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, BY EXCLUDING SYSTEM LOSSES OF DISTRIBUTION UTILITIES FROM THE TERM "GROSS RECEIPTS" AND EXEMPTING THE SAME FROM VALUE ADDED TAX, AND FOR OTHER PURPOSES
Date filed
July 28, 2008
Scope
Legislative History
| House Bill/Resolution NO. HB04839 | |
| FULL TITLE : AN ACT AMENDING SECTION 108 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, BY EXCLUDING SYSTEM LOSSES OF DISTRIBUTION UTILITIES FROM THE TERM "GROSS RECEIPTS" AND EXEMPTING THE SAME FROM VALUE ADDED TAX, AND FOR OTHER PURPOSES | |
| ABSTRACT : Seeks to exclude charges for system loss from the ambit of the value-added tax. | |
| PRINCIPAL AUTHOR/S : BICHARA, AL FRANCIS D. | |
| DATE FILED : 2008-07-28 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Almario (007 ) | 2. Villarosa (008 ) |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITEE HEARINGS/ACTIONS: | |
| 1. Scheduled for first meeting/hearing on 2008-08-12 | |
| 2. Approved by the Committee on 2008-09-02 | |
| 3. Committee Report filed on 2008-09-25 | |
| MOTHER BILL: HB05210 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2008-08-05 |
Abstract
Seeks to exclude charges for system loss 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.