Bill Type
Congress Name
Long Title
AN ACT PROVIDING ADDITIONAL ALLOWABLE TAX DEDUCTIONS FOR INDIVIDUAL TAXPAYERS, AMENDING FOR THE PURPOSE SECTION 34 OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE TAX REFORM ACT OF 1997
Date filed
December 2, 2003
Scope
Legislative History
| House Bill/Resolution NO. House Bill No. 6596, 12th Congress of the Republic | |
| FULL TITLE : AN ACT PROVIDING ADDITIONAL ALLOWABLE TAX DEDUCTIONS FOR INDIVIDUAL TAXPAYERS, AMENDING FOR THE PURPOSE SECTION 34 OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE TAX REFORM ACT OF 1997 | |
| ABSTRACT : This bill seeks to provide some relief to taxpayer who are married or heads of their families by including rental on their residential dwellings as an allowable deduction from their gross income for income tax purposes. The said amount may be used by the taxpayer to provide for other equally important needs of his family. | |
| PRINCIPAL AUTHOR/S : BIAZON, ROZZANO RUFINO B. | |
| DATE FILED : 2003-12-02 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Codilla (033 ) | 2. Del Mar (038 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2003-12-09 |
Abstract
This bill seeks to provide some relief to taxpayer who are married or heads of their families by including rental on their residential dwellings as an allowable deduction from their gross income for income tax purposes. The said amount may be used by the taxpayer to provide for other equally important needs of his family.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.