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SENATE BILL NO. 1

This bill seeks to reafirm the constitutional mandate and the legislative intent to make essential goods, health and other services available to all people at affordable cost, especially the elderly.

Posted: July 23rd, 2008 @ 4:17am



Long Title:
AN ACT EXEMPTING THE PURCHASE OF MEDICINE BY SENIOR CITIZENS FROM THE COVERAGE OF THE VALUE ADDED TAX, AND AMENDING SECTION 109 (I) OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED.

Scope:
NATIONAL

Legislative Status:
PENDING IN THE COMMITTEE (7/24/07)

Subjects:
DRUGS AND MEDICINES,SENIOR CITIZENS,
NATIONAL INTERNAL REVENUE CODE (NIRC),
VALUE-ADDED TAX (VAT EXEMPTION)

Primary Committee:
COMMITTEE ON WAYS AND MEANS

Secondary Committee:
SOCIAL JUSTICE, WELFARE AND RURAL DEVELOPMENT

 






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Copyright © 2008 Senate President Pro Tempore Jinggoy Ejercito Estrada

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