The bill would eliminate the 12 % VAT on all goods and services and replace the lost revenue with higher excise taxes, new digital taxes, a wealth tax for the ultra‑rich, and stronger corporate tax enforcement.
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/HB05119. Status changes over time; check the link for the latest.
HB05119 · Sources: BatasWatch
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.