Bill Type
Long Title
FULL TITLE : AN ACT AMENDING REPUBLIC ACT NO. 10708, OTHERWISE KNOWN AS THE "TAX INCENTIVES MANAGEMENT AND TRANSPARENCY ACT", EXPANDING ITS COVERAGE TO ENHANCE FISCAL TRANSPARENCY AND ACCOUNTABILITY, AND FOR OTHER PURPOSES
Congress Author
Date filed
July 30, 2018
Scope

Legislative History

House Bill/Resolution NO. HB07974
FULL TITLE : AN ACT AMENDING REPUBLIC ACT NO. 10708, OTHERWISE KNOWN AS THE "TAX INCENTIVES MANAGEMENT AND TRANSPARENCY ACT", EXPANDING ITS COVERAGE TO ENHANCE FISCAL TRANSPARENCY AND ACCOUNTABILITY, AND FOR OTHER PURPOSES
ABSTRACT : Aims to include the tax incentives data of following sectors within the coverage of Tax incentives Management and Transparency Act (TIMTA): cooperatives, non-government organizations, state universities, and privilege individuals and entities, among others, which is deemed a necessary move to improve the tax treatment of these sectors and the tax system as a whole.
PRINCIPAL AUTHOR/S : UMALI, REYNALDO V.
DATE FILED : 2018-07-30
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Sy-Alvarado (000 2018-08-16) 2. Bravo (M.) (000 2018-09-18)
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2018-08-06

Abstract

Aims to include the tax incentives data of following sectors within the coverage of Tax incentives Management and Transparency Act (TIMTA): cooperatives, non-government organizations, state universities, and privilege individuals and entities, among others, which is deemed a necessary move to improve the tax treatment of these sectors and the tax system as a whole

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.