House okays expanded travel tax exemption

The House of Representatives has approved on third and final reading House Bill 8884 providing travel tax exemption to Philippine representatives and discounts to senior citizens and persons with disabilities(PWDs).
“I would like to thank my colleagues in the lower house for approving this measure. This small incentive is one way of showing our full support to our fellow Filipinos who bring pride and honor to our country as well as to our beloved senior citizens and PWDs,” Go said.
The travel tax exemption covers those who represent the country when they travel abroad to join international activities and a 20% discount will also be given to senior citizens and PWD travelers.
The measure specifically amends Section 2 of Presidential Decree 1183 entitled, “Amending and Consolidating the Provisions on Travel Tax of Republic Act No. 1478 as amended and Republic Act No. 6141, Prescribing the Manner of Collection Thereof, Providing
Penalties for Violations Thereof and for other purposes” as amended.
“For the year 2017, the country’s total revenue on travel tax reached P3.358 billion and exempting them will not adversely affect our travel tax collection. This proposed measure will be a great help to
them as this will expand the coverage of exemption and
discount under our existing law,” the Baguio solon said.
The measure is now in the Senate for its consideration and

Amianan Balita Ngayon