Tax Law Amendments RA 9337 2005

Ask AI

Republic Act No. 9337: Tax Law Amendments RA 9337 2005

What do you want to know about the law?
Ask AI quickly gives answers based only on the current context to avoid mistakes. Always verify with the original text.

New Chat Started

Ask AI

Title Source: Supreme Court: Tax Law Amendments RA 9337 2005

Law: Republic Act No. 9337

Decision Date: May 24, 2005

The Value-Added Tax (VAT) Reform Act requires individuals and businesses to register with the appropriate Revenue District Officer, issue receipts or sales invoices for transactions over P25.00, and outlines the allocation of incremental revenues for various purposes, while also abolishing franchise tax for domestic airlines.

END