The proposal removes the estate tax and instead taxes inherited property only when it is later sold or otherwise transferred for value, adding a 6 % charge plus up‑to‑3 % yearly interest (capped at 6 %).
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/HB06552. Status changes over time; check the link for the latest.
HB06552 · Sources: 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.