Republic Act 11213 or the Tax Amnesty Act of 2019 was signed into law, but what remained after the partial veto were the amnesty on estate tax and delinquent taxes. It also granted amnesty on other general tax delinquencies, so that only 50 percent of the basic tax excluding interest and surcharges will be collected. The amnesty on delinquent taxes would cover national internal revenues taxes including income tax, withholding tax, capital gains tax, donor’s tax, value-added tax, other percentage taxes, excise taxes and donor’s tax collected by the Bureau of Internal Revenue, and VAT and excise taxes collected by the Bureau of Customs for 2017 and prior years. He said a general amnesty that is overgenerous and unregulated would create an environment ripe for future tax evasion. I do not think that the general tax amnesty bill as proposed would create an environment for future tax evasion.

Source: Philippine Star February 23, 2019 16:00 UTC