2 weeks House approves measure extending estate tax amnesty period to 4 years MB
The House of Representatives passed on third and final reading a bill extending the availment period for estate tax amnesty to four years to allow taxpayers to cope with the economic hardships brought by the COVID 19 pandemic. (MANILA BULLETIN FILE PHOTO) With 209 affirmative and zero negative votes, House Bill 7068 hurdled final reading approval and will now await for the passage of the Senate version. Authored by Majority Leader and Leyte Rep. Martin Romualdez HB 7068 will amend Republic Act No. 11213 or the Tax Amnesty Act of 2019 that granted a two-year availment period for the ... more