SB 1887

Senate·14th Congress·Filed Nov 20, 2007

Small Deposits Exemption Law

An Act Exempting Savings Deposits Amounting to One Hundred Thousand Pesos or Less from Withholding Tax, Amending Section 21 (C) (1) of the National Internal Revenue Code, Thereby, and for Other Purposes

Author · Senator

Sonny Trillanes
SenatorAntonio "Sonny" Trillanes IV
Receipts →

Subjects

Withholding Tax Exemption

Official sources

Similar in what they’d do, filed by any lawmaker.

HB 2215· Filed Jul 23, 2025
An Act Declaring Tax-Free All Interests Earned from Local Currency Bank Deposits and Qualified Investments in Long-Term Instruments Derived from Sources Within the Philippines, Except Interest Income on Foreign Currency Deposits, Amending for Such Purpose Section 24 of Republic Act No. 12214, Otherwise Known as the �capital Markets Efficiency Promotion Act�
Pending with the Committee on WAYS AND MEANS since 2025-07-30Rep. Loreto S. Amante
HB 5647· Filed Oct 21, 2025
An Act Exempting Government Officials and Employees from the Prohibition Against Disclosure of or Inquiry into Deposits with Any Banking Institution, Amending for the Purpose Certain Provisions of Republic Act No. 1405, Otherwise Known as the "Secrecy of Bank Deposits Law"
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2025-11-11Rep. Iris Marie Demesa Montes
HB 3800· Filed Aug 18, 2025
An Act Amending Republic Act No. 12214 or the Capital Markets Efficiency Promotion Act (Cmepa), Specifically to Remove, in Some Instances, the 20% Final Withholding Tax Upon the Amount of Interest, Yield, or Any Other Monetary Benefit Earned from Any Currency Bank Deposit or Deposit Substitute, Trust Funds, and Other Similar Arrangements, and for Other Purposes
Pending with the Committee on WAYS AND MEANS since 2025-08-20Rep. Rufus B. Rodriguez +1
HB 2167· Filed Jul 21, 2025
An Act Prohibiting the Imposition of Fees and Charges on Dormant Accounts, and for Other Purposes
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2025-07-30Rep. Rufus B. Rodriguez +1
SB 397· Filed Jul 10, 2025
Amending R.A. No. 6426 (Foreign Currency Deposit Act of the Philippines)
Consolidated/substituted in the committee reportSen. Panfilo M. Lacson

Spot something wrong?

SBN-01887 · Sources: BetterGov Open Congress