The bill would make interest earned on Philippine‑peso bank deposits completely tax‑free, tax interest from foreign‑currency deposits at 20 %, and apply a reduced 6 % tax only to long‑term investments held for more than five years.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB02215. Status changes over time; check the link for the latest.
HB02215 · Sources: BetterGov Open Congress, BatasWatch
Status history
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.