Tax Exemptions for Special Purpose Vehicles in NPAs

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Republic Act No. 9182: Tax Exemptions for Special Purpose Vehicles in NPAs

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Title Supreme Court: Tax Exemptions for Special Purpose Vehicles in NPAs

Law: Republic Act No. 9182

Decision Date: Dec 23, 2002

Republic Act No. 9182: The Special Purpose Vehicle (SPV) Act of 2002 grants tax exemptions and fee privileges to SPVs that acquire non-performing assets, aiming to develop a sound financial sector, address non-performing asset problems, and improve the liquidity of the financial system.

special purpose vehicle

financial sector

private sector investments

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