Lawmakers passed a government-initiated bill on a vehicle tax rebate scheme for vehicle owners affected by Super Typhoon Hato last year, during a plenary session in the legislature’s hemicycle yesterday.
The new law on tax benefits concerning the purchase of vehicles for Hato-hit vehicle owners is slated to come into effect after its promulgation in the Official Gazette (BO).
The bill’s outline was passed during a plenary session of the legislature in April. The legislature’s 1st Standing Committee held five meetings to review the bill.
Flanked by several government officials, Secretary for Economy and Finance Lionel Leong Vai Tac (centre, upper row) addresses yesterday’s plenary session in the legislature’s hemicycle before the government’s Hato vehicle tax rebate bill was passed. Photo: GCS
