Bill Type
Congress Name
Long Title
AN ACT PROVIDING FOR THE EXTENSION OF EXEMPTION FROM INCOME TAX ON INCOME DERIVED FROM PHILIPPINE OVERSEAS SHIPPING, AMENDING FOR THE PURPOSE CERTAIN PROVISIONS OF REPUBLIC ACT NO. 7471, OTHERWISE KNOWN AS THE PHILIPPINE OVERSEAS SHIPPING DEVELOPMENT ACT
Date filed
February 7, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB06096 |
| FULL TITLE : AN ACT PROVIDING FOR THE EXTENSION OF EXEMPTION FROM INCOME TAX ON INCOME DERIVED FROM PHILIPPINE OVERSEAS SHIPPING, AMENDING FOR THE PURPOSE CERTAIN PROVISIONS OF REPUBLIC ACT NO. 7471, OTHERWISE KNOWN AS THE PHILIPPINE OVERSEAS SHIPPING DEVELOPMENT ACT |
| ABSTRACT : The bill seeks to exempt Philippine shipping enterprises from the payment of income tax on income derived from overseas shipping in order to strengthen our overseas shipping industry. |
| PRINCIPAL AUTHOR/S : SYJUCO, JUDY |
| DATE FILED : 2007-02-07 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2007-02-07 |
Abstract
The bill seeks to exempt Philippine shipping enterprises from the payment of income tax on income derived from overseas shipping in order to strengthen our overseas shipping industry.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.