Taxpayers
GENERAL TAX AMNESTY ACT OF 2026
The General Tax Amnesty Act of 2026 provides a one-time opportunity for taxpayers to settle all unpaid internal revenue taxes for taxable year 2024 and prior years, aiming to improve tax compliance and broaden the tax base.
FURTHER EXTENDING THE PERIOD OF AVAILMENT OF ESTATE TAX AMNESTY
This bill seeks to extend the period for availing the estate tax amnesty, allowing heirs to settle unpaid estate taxes without penalties. It amends specific sections of the Tax Amnesty Act to provide a new deadline for compliance and outlines the process for filing and payment.
EXTENDING THE PERIOD OF AVAILMENT OF THE ESTATE TAX AMNESTY
This bill extends the period for availing the estate tax amnesty, allowing estates of decedents who died on or before December 31, 2024, to settle unpaid estate taxes without penalties until December 31, 2028.
GENERAL TAX AMNESTY ACT OF 2025
The General Tax Amnesty Act of 2025 proposes a one-time amnesty for all unpaid internal revenue taxes imposed by the national government for taxable year 2024 and prior years, allowing taxpayers to settle their obligations without penalties.
EXTENDING THE PERIOD OF AVAILMENT OF THE ESTATE TAX AMNESTY
Senate Bill No. 1406 seeks to extend the period for availing the estate tax amnesty until June 14, 2027, allowing heirs to settle unpaid estate taxes without penalties or surcharges.
AMENDING SECTIONS OF THE NATIONAL INTERNAL REVENUE CODE OF 1997
This bill amends the National Internal Revenue Code to give the Bureau of Internal Revenue exclusive authority over tax-related cases, removing the Department of Justice's role in these prosecutions.
GENERAL TAX AMNESTY ACT OF 2025
The General Tax Amnesty Act of 2025 proposes a one-time amnesty for all unpaid internal revenue taxes imposed by the national government for taxable year 2024 and prior years. It aims to encourage voluntary compliance among taxpayers by waiving penalties and interests on unpaid taxes while implementing measures to prevent tax evasion.