Bill Type
Congress Name
Long Title
AN ACT EXEMPTING FROM WITHHOLDING TAX THE INTEREST EARNINGS ON BONDS ISSUED BY THE LANDBANK OF THE PHILIPPINES TO LANDOWNERS ON THE SALE OF THEIR LANDS COVERED BY THE COMPREHENSIVE AGRARIAN REFORM LAW
Date filed
August 7, 2002
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 5093, 12th Congress of the Republic | |
| FULL TITLE : AN ACT EXEMPTING FROM WITHHOLDING TAX THE INTEREST EARNINGS ON BONDS ISSUED BY THE LANDBANK OF THE PHILIPPINES TO LANDOWNERS ON THE SALE OF THEIR LANDS COVERED BY THE COMPREHENSIVE AGRARIAN REFORM LAW | |
| ABSTRACT : This bill seeks to exempt from the withholding tax all interest earnings on bonds issued by the Land Bank of the Philippines to landowners for the sale of their lands covered by the Comprehensive Agrarian Reform Law. | |
| PRINCIPAL AUTHOR/S : LACSON, JOSE CARLOS V. | |
| DATE FILED : 2002-08-07 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Uy (013 ) | 2. Ylagan (013 ) |
| 3. Umali (017 ) | 4. Del Mar (017 ) |
| 5. Jaraula (017 ) | 6. Mathay (052 ) |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2002-08-14 |
Abstract
This bill seeks to exempt from the withholding tax all interest earnings on bonds issued by the Land Bank of the Philippines to landowners for the sale of their lands covered by the Comprehensive Agrarian Reform Law.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.