SB 2047

Senate·20th Congress·Filed Apr 16, 2026

VAT Reduction Act

An Act Reducing the Value-Added Tax (VAT) from 12% to 10%, Amending for the Purpose Sections 106 (A), 107 (A), and 108 (A) of the National Internal Revenue Code of 1997, as Amended

In plain language

The bill proposes to lower the national value‑added tax from 12 % to 10 % on sales of goods, imports, and services.

TaxationConsumer ProtectionPublic Works and Infrastructure

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Author · Senator

Bam AquinoReceipts →

Official sources

Similar in what they’d do, filed by any lawmaker.

HB 9915· Filed Jun 23, 2026
An Act Reducing the Value-Added (VAT) from 12% to 10%, Amending for the Purpose Sections 106, 107, and 108 of the National Internal Revenue Code of 1997, as Amended, and for Other Purposes
Pending First ReadingRep. Leandro Legarda Leviste
HB 5518· Filed Oct 13, 2025
An Act Reducing the Value-Added Tax (VAT) from Twelve Percent (12%) to Ten Percent (10%) Amending for the Purpose the National Internal Revenue Code (Nirc) of 1997, as Amended and for Other Purposes
Pending with the Committee on WAYS AND MEANS since 2025-11-11Rep. Nelson S. Legacion
HB 8999· Filed Apr 29, 2026
An Act Reducing the Value-Added Tax (VAT) from 12% to 10% Amending for the Purpose the National Internal Revenue Code of 1997, as Amended, and for Other Purposes
Pending with the Committee on WAYS AND MEANS since 2026-05-05Rep. Eduardo "Bro. Eddie" C. Villanueva
HB 4302· Filed Sep 2, 2025
An Act Reducing the Value-Added Tax (VAT) from 12% to 10%, Amending for the Purpose the National Internal Revenue Code of 1997, as Amended, and for Other Purposes
Pending with the Committee on WAYS AND MEANS since 2025-09-08Rep. Leandro Legarda Leviste
HB 9156· Filed May 7, 2026
An Act Reducing the Value-Added Tax (VAT) from 12% to 10%, Amending for the Purpose Sections 106 (A), 107 (A), and 108 (A) of the National Internal Revenue Code of 1997, as Amended
Pending with the Committee on WAYS AND MEANS since 2026-05-12Rep. Jose Manuel Tadeo "Chel" I. Diokno +3

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SBN-2047 · Sources: BatasWatch