HB 8645

Passive Income and Financial Intermediary Taxation Act

An Act Amending Sections 2 2 , 24, 25, 27, 28, 29 , 30 , 3 2 , 34 , 37, 38, 39 , 42 , 51, 52, 54, 56, 57, 73 , 108, 121, 122, 123, 174, 176, 179, 181, 182, 183, 184,185, 186, 187, 188, 189, 190, 191, 194, 195, 196, 197, 198, and 199; and Repealing Sections 127, 175, 177, 178, 180, 192, and 193; All Under Republic Act No. 8424 , Otherwise Known as the National Internal Revenue Code of 1997, as Amended, and for Other