The proposal would eliminate the estate tax, cancel any estate‑tax liability that existed before the law takes effect, and remove all references to that tax in other statutes, with the Bureau of Internal Revenue tasked to issue the needed rules.
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/HB06862. Status changes over time; check the link for the latest.
HB06862 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.