Bill Type
Congress Name
Long Title
AN ACT EXPANDING THE ADDITIONAL EXEMPTIONS FOR DEPENDENTS OF INDIVIDUAL TAXPAYERS, AMENDING FOR THE PURPOSE SECTION 35, SUBSECTION (B) OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE TAX REFORM ACT OF 1997
Date filed
November 29, 1999
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB08823 | |
| FULL TITLE : AN ACT EXPANDING THE ADDITIONAL EXEMPTIONS FOR DEPENDENTS OF INDIVIDUAL TAXPAYERS, AMENDING FOR THE PURPOSE SECTION 35, SUBSECTION (B) OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE TAX REFORM ACT OF 1997 | |
| ABSTRACT : ADDITIONAL EXEMPTION FOR DEPENDENTS. THERE SHALL BE ALLOWED AN ADDITIONAL EXEMPTION OF EIGHT THOUSAND PESOS (P8,000.00) FOR EACH DEPENDENT. [NOT EXCEEDING FOUR (4).] > IN CASE OF LEGALLY SEPARATED SPOUSES, ADDITIONAL EXEMPTIONS MAY BE CLAIMED ONLY BY THE SPOUSE WHO HAS CUSTODY OF THE CHILD OR CHIDLREN: PROVIDED, THAT THE TOTAL AMOUNT OF ADDITIONAL EXEMPTIONS THAT MAY BE CLAIMED BY BOTH SHALL NOT EXCEED THE MAXIMUM ADDITIONAL EXEMPTION HEREIN ALLOWED. | |
| PRINCIPAL AUTHOR/S : LIBAN, DANTE V. | |
| DATE FILED : 1999-11-29 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| 3. | 4. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| MOTHER BILL: HB12423 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1999-12-06 |
Abstract
ADDITIONAL EXEMPTION FOR DEPENDENTS. THERE SHALL BE ALLOWED AN ADDITIONAL EXEMPTION OF EIGHT THOUSAND PESOS (P8,000.00) FOR EACH DEPENDENT. [NOT EXCEEDING FOUR (4).] > IN CASE OF LEGALLY SEPARATED SPOUSES, ADDITIONAL EXEMPTIONS MAY BE CLAIMED ONLY BY THE SPOUSE WHO HAS CUSTODY OF THE CHILD OR CHIDLREN: PROVIDED, THAT THE TOTAL AMOUNT OF ADDITIONAL EXEMPTIONS THAT MAY BE CLAIMED BY BOTH SHALL NOT EXCEED THE MAXIMUM ADDITIONAL EXEMPTION HEREIN ALLOWED.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.