17th Congress
Senate Bill No. 1420

AMENDING SECTONS 24(D) AND 196 OF R. A. NO. 8424 (NATIONAL INTERNAL REVENUE CODE OF 1997)

Filed on May 2, 2017 by Recto, Ralph G.
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Long title

AN ACT EXEMPTING THE SALE OF REAL PROPERTY IN THE EXERCISE OF THE STATE’S POWER OF EMINENT DOMAIN FROM THE PAYMENT OF CAPITAL GAINS AND DOCUMENTARY STAMP TAXES, AMENDING FOR THE PURPOSE SECTIONS 24 (D) AND 196 OF REPUBLIC ACT NO. 8424, AS AMENDED, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE OF 1997

Scope

National

Legislative status

Pending in the Committee (5/3/2017)
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