Bill Type
Congress Name
Long Title
AN ACT AUTHORIZING THE GRANT OF TAX AMNESTY ON PROPERTY OF NATURALIZED CITIZENS AT TWO PERCENT (2%) OF THE PRESENT APPRAISED VALUE AND PAYMENT OF ONE MILLION PESOS (P1,000,000.00) BY ANY FOREIGNER APPLYING TO OWN PROPERTY IN THE PHILIPPINES
Date filed
March 11, 1999
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB07049 |
| FULL TITLE : AN ACT AUTHORIZING THE GRANT OF TAX AMNESTY ON PROPERTY OF NATURALIZED CITIZENS AT TWO PERCENT (2%) OF THE PRESENT APPRAISED VALUE AND PAYMENT OF ONE MILLION PESOS (P1,000,000.00) BY ANY FOREIGNER APPLYING TO OWN PROPERTY IN THE PHILIPPINES |
| ABSTRACT : This bill aims to raise funds for the landless by going after undeclared properties of aliens and by correcting the tax due on these properties by imposing a tax amnesty. |
| PRINCIPAL AUTHOR/S : PANCHO, PEDRO M. |
| DATE FILED : 1999-03-11 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1999-03-17 |
Abstract
This bill aims to raise funds for the landless by going after undeclared properties of aliens and by correcting the tax due on these properties by imposing a tax amnesty.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.