An Act Exempting the Philippine Film and Movie Industry from the Payment of Certain Taxes, Amending for the Purpose Certain Provisions of the R.A. No. 8424 Ottherwise Known as the 'national Internal Revenue Code of the Philippines,' as Amended, and R.A. No. 10863 Otherwise Known as the 'customs Modernization and Tariff Act', and for Other Purposes
The proposal would remove VAT and import duties on film‑related equipment and materials that local Philippine film producers bring into the country, aiming to lower production costs and boost the industry.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
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SBN-1893 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.