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SB 1435Officially reportedPending in committee

Exempting Microinsurance Policies From Value-Added Tax

An Act Exempting Microinsurance Policies From Value-Added Tax, Tax On Life Insurance Premiums And Documentary Stamp Tax, Amending For This Purpose Sections 108, 109, 123, 183, 184, 185, 186, And 187 Of The National Internal Revenue Code Of 1997, As Amended

Description

Subjects: Microinsurance; Taxes (Value-Added Tax / Vat); Taxes (Tax Exemption: Medical Insurance Premiums/Fringe Benefits); National Internal Revenue Code (NIRC)

Legislative progress

FiledCommitteeOne chamberBoth chambersLaw
  1. Oct 27, 2022
    Filed
  2. Nov 21, 2022
    Pending in committee

Authors (1)

Bong Revilla Jr
Senator