Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTION 109, CHAPTER I, TITLE IV OF PRESIDENTIAL DECREE NO. 1158, AS AMENDED, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE, AND FOR OTHER PURPOSES THEREOF(RE: VAT EXEMPTION TO MOTION PICTURES AND STAGE ARTISTS AND RELATED PERSONNEL)
Date filed
February 11, 2003
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 5744, 12th Congress of the Republic |
| FULL TITLE : AN ACT AMENDING SECTION 109, CHAPTER I, TITLE IV OF PRESIDENTIAL DECREE NO. 1158, AS AMENDED, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE, AND FOR OTHER PURPOSES THEREOF(RE: VAT EXEMPTION TO MOTION PICTURES AND STAGE ARTISTS AND RELATED PERSONNEL) |
| ABSTRACT : Section 109 of PD 1158, otherwise known as the National Internal Revenue Code is hereby amended by exempting the services rendered by actors and actresses, directors, non-acting contractual workers and other individuals employed on contractual basisin motion pictures, television shows, state theaters, musicals, concerts, live performances and other performing arts from the imposition of 10% Value Added Tax (VAT). |
| PRINCIPAL AUTHOR/S : MARCOS, IMEE R. |
| DATE FILED : 2003-02-11 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Espina (076 ) |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2003-02-17 |
Abstract
Section 109 of PD 1158, otherwise known as the National Internal Revenue Code is hereby amended by exempting the services rendered by actors and actresses, directors, non-acting contractual workers and other individuals employed on contractual basisin motion pictures, television shows, state theaters, musicals, concerts, live performances and other performing arts from the imposition of 10% Value Added Tax (VAT).
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.