Bill Type
Congress Name
Long Title
AN ACT EXEMPTING INTEREST INCOME FROM BONDS, DEBENTURES AND OTHER OBLIGATIONS ISSUED BY LOCAL GOVERNMENT UNITS FROM THE TWENTY PERCENT (20%) FINAL TAX
Date filed
July 1, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB00081 | |
| FULL TITLE : AN ACT EXEMPTING INTEREST INCOME FROM BONDS, DEBENTURES AND OTHER OBLIGATIONS ISSUED BY LOCAL GOVERNMENT UNITS FROM THE TWENTY PERCENT (20%) FINAL TAX | |
| ABSTRACT : EXEMPTS resident aliens and domestic corporations from payment of the 20% final tax on interest income from bonds, debentures and other obligations issued by provinces, cities and municipalities. | |
| PRINCIPAL AUTHOR/S : ROXAS, MANUEL A. | |
| DATE FILED : 1998-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| 3. | 4. |
| 5. | 6. |
| 7. | 8. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1998-07-28 |
Abstract
EXEMPTS resident aliens and domestic corporations from payment of the 20% final tax on interest income from bonds, debentures and other obligations issued by provinces, cities and municipalities.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.