The bill extends the estate‑tax amnesty to 30 June 2027, simplifies the paperwork needed, adds a four‑year installment option with no penalties, and creates a government‑funded aid program for poor heirs while also waiving penalties on real‑property and transfer taxes.
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/HB02885. Status changes over time; check the link for the latest.
HB02885 · Sources: BetterGov Open Congress, BatasWatch
Similar in what they’d do, filed by any lawmaker.