Expanded Value Added Tax Law

URI: https://gptkb.org/entity/Expanded_Value_Added_Tax_Law
GPTKB entity
Statements (28)
Predicate Object
gptkbp:instanceOf gptkb:law
gptkbp:amendedBy gptkb:National_Internal_Revenue_Code_of_1997
gptkbp:appliesTo goods
services
gptkbp:controversy public protests due to increased prices
gptkbp:country gptkb:Philippines
gptkbp:criticizedFor various labor groups
gptkbp:dateEffectivity July 1, 2005
gptkbp:dateEnacted May 24, 2005
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:excludes educational services
medical services
residential properties
certain food and agricultural products
https://www.w3.org/2000/01/rdf-schema#label Expanded Value Added Tax Law
gptkbp:officialName gptkb:Republic_Act_No._9337
gptkbp:previousVATRate 10%
gptkbp:purpose broaden the tax base for value-added tax
increase government revenue
gptkbp:relatedTo gptkb:Value_Added_Tax
Philippine tax reform
gptkbp:repealedBy some provisions of previous VAT laws
gptkbp:revenueAgency gptkb:Bureau_of_Internal_Revenue
gptkbp:supportedBy gptkb:Department_of_Finance_(Philippines)
gptkbp:VATRate 12%
gptkbp:bfsParent gptkb:Gloria_Macapagal_Arroyo
gptkb:13th_Congress_of_the_Philippines
gptkbp:bfsLayer 6