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SB 120Officially reportedPending in committee
Granting The President The Power To Reduce Or Suspend Vat On Petroleum Products
An Act Granting The President Of The Philippines The Power To Lower The Rate Or Suspend The Imposition Of Value-Added Tax On Petroleum Products For A Limited Period Of One (1) Year In Times Of National Emergency Or State Of Calamity, Amending For The Purpose Sections 106 And 107 Of The National Internal Revenue Code, As Amended
Description
Subjects: Oil and Petroleum Products; Taxes (Value-Added Tax / Vat)
Legislative progress
FiledCommitteeOne chamberBoth chambersLaw
- Jul 3, 2025Filed
- Jul 30, 2025Pending in committee
Authors (1)
Imee Marcos
Senator of the Philippines