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HB 4970RA 10653Officially reportedSigned into law

Increasing The Ceiling For Exclusion From Gross Income Of 13th Month Pay And Other Benefits

An Act Increasing The Ceiling For The Total Exclusion From Gross Income Of 13th Month Pay And Other Benefits To Seventy Thousand Pesos (P70,000), Amending For The Purpose Section 32(B)(7)(E) Of The National Internal Revenue Code Of 1997, As Amended

Description

Subjects: National Internal Revenue Code (NIRC); Taxes/Taxation

Legislative progress

FiledCommitteeOne chamberBoth chambersLaw
  1. Sep 4, 2014
    Filed
  2. Feb 12, 2015
    Signed into law

Authors (15)

Ranie Abu
Representative
Bella Angara-Castillo
Representative
Jose Belmonte
Representative
Abby Binay
Representative
Anthony Bravo
Representative
Neri Colmenares
Representative
Cresente Paez
Representative
Rene Relampagos
Representative
Estrellita Suansing
Representative
Gus Tambunting
Representative
Helen Tan
Representative
Tonchi Tinio
Representative
Jerry Treñas
Representative
Art Yap
Representative
Kaloi Zarate
Representative