Bill Type
Congress Name
Long Title
FULL TITLE : AN ACT RESTRUCTURING THE TRANSFER TAXES, AMENDING FOR THE PURPOSE TITLE III OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED
Text as filed (link)
Date filed
June 30, 2016
Scope
Legislative History
| House Bill/Resolution NO. HB00511 |
| FULL TITLE : AN ACT RESTRUCTURING THE TRANSFER TAXES, AMENDING FOR THE PURPOSE TITLE III OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED |
| ABSTRACT : Sets at three percent (3%) the real estate tax rate based on the value of such net estate in excess of One Million Pesos (P1,000,000.00). |
| PRINCIPAL AUTHOR/S : BARBERS, ROBERT ACE S. |
| DATE FILED : 2016-06-30 |
| SIGNIFICANCE: NATIONAL |
| NATURE : Economic |
| CO-AUTHORS (Journal Entries) : |
| 1. Savellano (015 2016-08-24) |
| ACTIONS TAKEN BY THE COMMITTEE |
| MOTHER BILL: HB04903 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2016-07-27 |
Abstract
Sets at three percent (3%) the real estate tax rate based on the value of such net estate in excess of One Million Pesos (P1,000,000.00)
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.