Bill Type
Congress Name
Long Title
AN ACT REMOVING THE DOCUMENTARY STAMP TAX ON ALL REMITTANCES FROM FILIPINOS ABROAD, REPEALING FOR THE PURPOSE SECTION 181 OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE "TAX REFORM ACT OF 1997", AND FOR OTHER PURPOSES
Date filed
January 28, 2009
Scope
Legislative History
| House Bill/Resolution NO. HB05862 | |
| FULL TITLE : AN ACT REMOVING THE DOCUMENTARY STAMP TAX ON ALL REMITTANCES FROM FILIPINOS ABROAD, REPEALING FOR THE PURPOSE SECTION 181 OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE "TAX REFORM ACT OF 1997", AND FOR OTHER PURPOSES | |
| ABSTRACT : Seeks to remove the imposition of the documentary stamp tax on monetary remittances made by Overseas Filipino Workers (OFWs) to their families here in the Philippines to unburden them with significant financial strain conssidering that the coutry is already experiencing unprecedented increases in food and oil prices. | |
| PRINCIPAL AUTHOR/S : ILAGAN, LUZVIMINDA C. | |
| DATE FILED : 2009-01-28 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Maza | 2. Ocampo |
| 3. Casiño | 4. Mariano |
| CO-AUTHORS (Journal Entries) : | |
| 1. Teodoro (054 ) | 2. Palatino (081 ) |
| 3. Colmenares (002 ) | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2009-02-03 |
Abstract
Seeks to remove the imposition of the documentary stamp tax on monetary remittances made by Overseas Filipino Workers (OFWs) to their families here in the Philippines to unburden them with significant financial strain conssidering that the coutry is already experiencing unprecedented increases in food and oil prices.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.