SB 483
Senate·20th Congress·Filed Jul 14, 2025
Documentary Stamp Tax
An Act Exempting the Pledge of Personal Property Covering a Loan of Money Not Exceeding Ten Thousand Pesos (Pio,000.00) from Documentary Stamp Tax, Amending for the Purpose Section 199 Title Vii of the National Internal Revenue Code of 1997, as Amended
In plain language
The bill would stop the government from charging documentary stamp tax on paperwork that shows a person has pledged personal property as security for a loan of up to ₱10,000.
TaxationConsumer ProtectionSocial Welfare
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Senator
Subjects
Documentary Stamp TaxNational Internal Revenue Code (NIRC)
Official sources
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SBN-483 · Sources: BetterGov Open Congress, BatasWatch