Proposed Bangsamoro Revenue Code advances to second reading
WEBFeb 29, 2024 · The proposed revenue code addresses regional taxes, fees, and charges; the treatment of national taxes with situs in the region; Islamic finance; other revenue resources; tax incentives; offenses and penalties; and remedies.
Republic Act No. 11054 - The Lawphil Project
WEBThe Parliament shall enact laws that promote the growth of Islamic finance such as those that promote tax incentives and ensure tax neutrality of Islamic finance transactions in the Bangsamoro Autonomous Region.
BARMM ministries unite to enhance proposed revenue code | Bangsamoro …
WEBAug 2, 2024 · The proposed Bangsamoro Revenue Code will regulate the levy, assessment, and collection of all regional taxes, fees, charges, and the administration of other regional revenue sources and tax expenditures within BARMM.
Bangsamoro - Ministry of Finance, and Budget and Management
WEBNews. BARMM Bill seeks to strengthen fiscal responsibility through Bangsamoro Budget System Act (BBSA) Spanning 79 sections under eight titles, the Parliament Bill No. 325, also known as the Bangsamoro Budget System Act (BBSA), ... Read More. News. Proposed Bangsamoro Budget System Act (BBSA)
Fiscal authorities issue tax rules for Bangsamoro region
WEBJan 3, 2023 · DAVAO CITY—The Intergovernmental Fiscal Policy Board (IFPB) has approved a resolution on the taxable elements in the Bangsamoro region, such as capital gains tax, documentary stamp tax and estate tax as well as the sharing arrangement of revenues between the latter and the national government.
IFPB OKs resolution to implement taxable elements in BARMM
WEBDec 5, 2022 · COTABATO CITY—The Intergovernmental Fiscal Policy Board (IFPB) has approved a resolution on BARMM’s taxable elements such as capital gains tax, documentary stamp tax, and estate tax on Dec. 1, during its 4th meeting held in Davao City.
DBM approves the release of P335M of BARMM’s share in taxes, …
WEBDepartment of Budget and Management (DBM) Secretary Amenah F. Pangandaman on November 7, 2022, approved the release of the share of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) in taxes collected within the BARMM amounting to P335,815,961.00.
AN ACT PROVIDING FOR THE REVENUE CODE OF THE BANGSAMORO …
WEBBill Number:286 Bill Status:Second Reading (Committee Stage) As of:02/29/2024 Legislative History: Filed – 2/28/2024 First Reading – 2/28/2024 Referred to the Committee on Finance, Budget and Management, Committee on Ways and Means – 2/29/2024. Committee Referral(s): Committee on Finance, Budget, and Management; Committee on Ways and Means; Bangsamoro Autonomy Act:
House committees approve Bangsamoro tax, funding - RAPPLER
WEBMay 26, 2015 · Under the proposed Bangsamoro bill, new taxes that were devolved to the Bangsamoro include: capital gains on real properties, estate tax, donors tax and documentary stamp tax.
BARMM share of gov’t tax take at P336 million
WEBNov 10, 2022 · Under the Bangsamoro Organic Act (Republic Act No. 11054), the National Government gets a 25% share of taxes collected within the region while the BARMM is allocated 75%.
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