Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTION 110 OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED(RE: CREDITABLE INPUT TAX FOR CAPITAL GOODS
Date filed
September 2, 1999
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB08261 |
| FULL TITLE : AN ACT AMENDING SECTION 110 OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED(RE: CREDITABLE INPUT TAX FOR CAPITAL GOODS |
| ABSTRACT : As proposed underr this bill, the CREDITABLE INPUT TAX FOR CAPITAL GOODS SHALL BE EQUALLY DISTRIBUTED OVER THE NORMAL LIFE SPAN OF SUCH GOODS. |
| PRINCIPAL AUTHOR/S : TEVES, HERMINIO G. |
| DATE FILED : 1999-09-02 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE |
| MOTHER BILL: HB12426 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1999-09-08 |
Abstract
As proposed underr this bill, the CREDITABLE INPUT TAX FOR CAPITAL GOODS SHALL BE EQUALLY DISTRIBUTED OVER THE NORMAL LIFE SPAN OF SUCH GOODS.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.