Senate passes estate tax amnesty, 2 more priority bills before sine die

Philippines News News

Senate passes estate tax amnesty, 2 more priority bills before sine die
Philippines Latest News,Philippines Headlines
  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 55%

The Senate on Monday unanimously approved on final reading three priority bills of the administration days before Congress adjourns sine

The priority measures passed are the Estate Tax Amnesty Act , Trabaho Para sa Bayan Act , and the Regional Specialty Centers Act .

The bill extends the period of availment of estate tax amnesty by two years, until June 14, 2025. This is the second extension of the amnesty, which was first extended from 2021 to 2023. The counterpart measure at the House expands the amnesty coverage for the estates of individuals who died until December 31, 2021. The Senate version extends the coverage until May 31, 2022.

“This bill is a shot in the arm of our public health system. To borrow a medical term, it is a major transfusion of resources to government hospitals in the regions, nearer to the sick who need affordable care.” “If the people cannot go to where excellent care are, then government must bring excellent medical care to them,” he added

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MlaStandard /  🏆 20. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate crams to pass major priority bills before adjourning | Butch FernandezSenate crams to pass major priority bills before adjourning | Butch FernandezTHE Senate leadership expects majority and minority senators to regularly muster a quorum to pass pending bills in their last week of session before Congress adjourns the First Regular Session of the 19th Congress. Given  one week left before the sine die adjournment for a break lasting until the State…
Read more »

Central figures of the 19th Congress in Region IIICentral figures of the 19th Congress in Region IIIAs a significant agriculture nexus in the Philippines, Region III or Central Luzon is vital in the country’s development and
Read more »

Scribes hold Collegiate Press Corps’ Awards Night Monday | BusinessMirrorScribes hold Collegiate Press Corps’ Awards Night Monday | BusinessMirrorTHE cream of the crop of school sports will be feted on Monday as the Collegiate Press Corps’ Awards Night returns after a three-year hiatus. Heading the list of awardees are Ateneo’s Thirdy Ravena and Ange Kouame and Letran’s Rhenz Abando in the awards ceremony set at the Hummingbird Rooftop…
Read more »



Render Time: 2025-02-26 15:32:11