Bill Type
Long Title
AN ACT PROVIDING FOR THE WITHHOLDING OF THE VALUE-ADDED TAX ON THE SALE OF THE SUBSCRIBER IDENTITY MODULE (SIM) PACKS AND PREPAID CARDS, AMENDING FOR THE PURPOSE SECTION 108 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES
Congress Author
Date filed
August 23, 2002
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 5151, 12th Congress of the Republic
FULL TITLE : AN ACT PROVIDING FOR THE WITHHOLDING OF THE VALUE-ADDED TAX ON THE SALE OF THE SUBSCRIBER IDENTITY MODULE (SIM) PACKS AND PREPAID CARDS, AMENDING FOR THE PURPOSE SECTION 108 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES
ABSTRACT : The bill seeks for the payment of the value-added tax on the sale of the prepaid cards would be withheld at source and therefore should systematically go to the coffers of the national goverment.
PRINCIPAL AUTHOR/S : LEDESMA, JULIO IV A.
DATE FILED : 2002-08-23
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. Paras 2. Teves
3. Perez 4. Garcia
CO-AUTHORS (Journal Entries) :
1. Tulagan (017 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2002-09-04

Abstract

The bill seeks for the payment of the value-added tax on the sale of the prepaid cards would be withheld at source and therefore should systematically go to the coffers of the national goverment.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.