House Speaker Martin Romualdez (Speaker’s office) Republic Act (RA) No.11956 or the Estate Tax Amnesty Extension Law will give Filipinos a much needed opportunity to settle their estate tax obligations. Thus, said House Speaker Martin Romualdez Wednesday, Aug. 9...
A measure extending the deadline of the estate tax amnesty until June 2025 has lapsed into law, without the signature of President Ferdinand "Bongbong" Marcos Jr. The bill lapsed into law on Aug. 5, 2023. Republic Act No. 11956, also known as the "Tax Amnesty Act" extends the period of availment of...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) The enactment of the Estate Tax Amnesty Extension Law will also be a boon to the beneficiaries of the New Agrarian Emancipation Act. Thus, said Committee on Ways and Means Chairman Albay 2nd district Rep....
The issuance of a proclamation granting amnesty to rebel returnees could become President Ferdinand “Bongbong” Marcos Jr.’s “strategic weapon” to finally put an end to the country’s almost six-decade-long problem on insurgency. Former peace adviser Eduardo Ermita bared this on...
BUTUAN CITY – President Ferdinand R. Marcos Jr.’s amnesty plan for rebels is a good move to end armed conflict, especially the decades-old insurgency problem in the country, Agusan del Sur Rep. Adolph Edward “Eddiebong” G. Plaza and Surigao del Sur Rep. Romeo S. Momo Sr. said. They said...
President Ferdinand "Bongbong" Marcos Jr. (Noel Pabalate/ MANILA BULLETIN)) House Minority Leader Marcelino Libanan says President Ferdinand "Bongbong" Marcos Jr.’s plan to grant amnesty to individuals who may have violated existing laws in pursuit of their political beliefs will help heal the...
The National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) is hopeful that the remaining active members of the New People’s Army (NPA) will now surrender and avail of the amnesty offered by President Ferdinand "Bongbong" Marcos Jr. *Salvador Golosing Avenido alias “Admiral”, an...
(Keith Bacongco/ MANILA BULLETIN) Albay 2nd district Rep. Joey Salceda highlighted on Friday, July 7 the estate tax amnesty exemption provision in the newly-signed Republic Act (RA) No.11953 or the New Agrarian Emancipation Act. Salceda, chairman of the House Committee on Ways and Means, went as...
More heirs now have another chance to avail of the government’s estate tax amnesty program, Sen. Sherwin Gatchalian said. Gatchalian made the promise following the Senate’s approval on third and final reading of the proposed measure that seeks to extend the period of availment and simplify the...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The measure extending the availment period of estate tax amnesty until June 14, 2025 no longer needs to undergo a Bicameral Conference Committee hearing, thereby hastening its potential enactment by Malacañang. This, after the House of...
The Senate has approved on third and final reading Senate Bill (SB) No. 2219 extending the period of availment of estate tax amnesty. "Narinig po natin ang panawagan ng ating mga taxpayers, at ito na po ang ating sagot sa kanila (We heard the call of our taxpayers and this is our answer to...
Senator Sherwin Gatchalian on Sunday, May 28 said he is keen on proposing a provision in the estate tax amnesty extension bill that would allow an installment payment feature to help more taxpayers avail of a tax reprieve. The suggestion, he said, stemmed from comments made by Tax Management...
