An Act Declaring a One-Month Tax Holiday, Exempting Compensation Income from Income Tax, and for Other Purposes
The bill would give every worker a single month in which their salary is not subject to income tax, while keeping mandatory contributions (SSS, PhilHealth, etc.) unchanged. Employers must not cut wages or benefits to offset the tax break, and the Bureau of Internal Revenue must issue rules and later report how much tax revenue was lost.
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/SBN-1446. Status changes over time; check the link for the latest.
SBN-1446 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.