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Pressed for time, House adopts Senate tax amnesty extension bill - Vimarsana News

Pressed for time, House adopts Senate tax amnesty extension bill

BusinessWorld May 25, 2021 | 8:38 pm PHILSTAR THE proposed extension for availing of the estate tax amnesty will head to Malacañang directly without the need to go through the bicameral conference committee stage after the House of Representatives moved to adopt the Senate’s version of the measure. Late Monday, House legislators approved a motion to concur with the Senate’s version of the measure, adopting Senate Bill (SB) 2208. The bill’s House counterpart is House Bill (HB) 7068, which proposes to extend the estate tax amnesty by another two years. “We have bee...