HB 1480
House·20th Congress·Filed Jul 7, 2025
An Act Providing Benefits and Incentives to Overseas Filipino Workers Investing in Business in the Philippines
In plain language
The bill would give Filipino workers abroad a five‑year income‑tax break and encourage local governments to lower or waive other taxes for businesses they own, while also offering reduced property tax, duty‑free imports and cheaper loans.
Taxation
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Representative
Official sources
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HB01480 · Sources: BetterGov Open Congress, BatasWatch