Full Title
AN ACT RESTORING THE TAX EXEMPTION OF OFFSHORE BANKING UNITS (OBUs) AND FOREIGN CURRENCY DEPOSIT UNITS (FCDUs), AMENDING FOR THE PURPOSE SECTION 27 (D) (3) AND SECTION 28, PARAGRAPHS (A) (4) AND (A) (7) (b) OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED
Congress
12th Congress of the Republic
Senate Bill No.
S. No. 2747
House Bill
H. No. 5246
Legislative History
Request for e-copy
Date of Approval
April 28, 2004

Other Details

Issuance Category
Legislative Issuance
Legislative Issuance Type
Republic Act
Bill Note
Senate Bill First in Billing
Approval Note
Approved by the President on April 28, 2004 Origin: Senate
Subjects
FOREIGN CURRENCY DEPOSIT UNITS (FCDU)
OFFSHORE BANKING UNITS (OBU)
TAXATION, EXEMPTION FROM
Amendment Note
RA 8424 sec.28, par. (A)(4) and (A)(7)(b)
RA 8424 sec. 27(D)(3)

Official Gazette

Official Gazette Source
Official Gazette vol. 100 no. 35 page 5739 (August 30, 2004)

Newspaper Source Detail

Newspaper Source
Tribune (5/6/2004)
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