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S4.
55
. 5.6
57
"(I) Supplying
of Taxpayer Identificarion Number
(TIN). - Any person
required
under the authority of this Code to make, render or file a return,
statement or other document shall be supplied with or assigned a Taxpayer
Identification
Number (TIl-') which he shall indicate in such return, statement
or document
filed with the Bureau
of Internal Revenue for his
proper
identificaticn
for tax
P"U::'OIWS,
and which
he
shaH· indicate
in certain
documents, such as, but not limited to, the following:
(1) Sugar quedans, refinedsugac
release order or.similar.iustruments;
(2) Domestic bills oflading;
(3) Documents
10
be registered
with
the
Register
of Deeds
or
Assessor's Office;
(4) Registration
certificate oftransportation equipment by land, sea or
air;
(5) Documents.
to he reglstered
with the Securities
ami Exchange
.Commission;
(6) Building construction permits;
(7) Application
for loan wlthhan.lis,
financial
institutions,
0..( other
financial intermedleries;
...
".' 11 .•, •
(8) Application for mayor' s permit;
(9) Application
for business license with the Department
of Trade arid
Industry; and
(10) Such other documents
which Flay hereafter
be required
under
rules and regulations
to be promulgated
by the Secretary of Finance,
upon recommendation
of the Commissioner,
.
UIneases where a registered taxpayer dies, the administrator
or executor shall
register the estate of the decedentin
accordance with Subsection CA)hereof
and a new Taxpayer
Identification
'Number
(TIN) shall he supplied
in
accordance with the provisions of'thin Section,
.11.
"In the case of a nonresident dececlent, the executor or administrator
of the
estate shallregister
the estate with the Revenue District Office where he is
registered: Provided, however; That in east: such executor or administrator
is
not registered,
registration
of the estate shall be made with and the Taxpayer
.
Identification
Number (TIN) supplied by the Revenue District Office having
jurisdiction
over his legal residence.
"Only one Taxpayer
Identification
Number (TIN) shall be assigned to a
taxpayer. Any person who shal. secure more t'aan one Taxpayer Identification
Number
shall be criminally Liable under the provisions
of Section
275 on
'Violation of Other Provisions of this Code orRegulations
in GeneraL'"
SECTION
13. Severability.
.. The provisions of the Act are declared to be severable.
and if any provision, word, phrase, 01' C.IILUSI~of the Act or the application thereof to any
peeson ahall be held invalid,
such 'invalidlty
shall not affect the validity of the remaining
.portions of this Act.
".-
,
,
!,'
1
'"
"
LO


1
SECTION
14. 'Repealing
C1.:'1w;e.- All laws, presidential
decrees, executive orders.
2.
presidential proclamaticns,
rules and regulations or parts thereof inconsistent with this Act
3
are hereby repealed or modified accordingly.
4
..
...
S
' SECTI()N
15. Effecttvity.
. this Act t::'Jall take effect after fifteen (15) days from·
·6
publication ill at least two (2)newspR
Ill'S of general Circulation.
. ,
7
8
APPROVED.
.
l/
.... ..
\
",.
Lt


j),cplllllic
of the 1~r)i(ippIHc5
1!)OIl5e of =i[,cpresClltntilJc5
Q[1l1l'.l0n
Qed)!, Jllletro
.tlJlillU(tl
Fifteenth Congress
First Regular Session
/1 {~
/1"'-v'L .., ..
[
COIVIIVIITTEEON WAYS AND MEANS
FOR
HON. FELlCIANO
BELMONTE, JR.
Speaker
THRU
ATTY. ARLENE C. DADA-ARNALDO
Deputy Secretary General
Committee Affairs Departrnent
RE
SPOT REPORT ON THE MEETING OF THE COII/IIVIITTEEON WAYS AND MEANS HELD ON
DECEMBER
7,
2010,
9:30
A.M.,ROLANDO
R.
ANDAYA
HALL,
HOUSE
OF
REPRESENTATIVES, QUEZON CITY
DATE
December 7,2010
I.
FOURTH DELIBERATION ON HOUSE BILL NO. 1970 ENTITLED "AN ACT IMPOSING
VALUE SIMPLIFIED
TAX IN LIEU OF THE VALUE-ADDED
TAX AMENDING FOR THE PURPOSE TITLE IV OF THE NATIONAL
INTERNAL REVENUE CODE OF 1997, AMENDED".
On motion of Rep. Remulla, seconded by Rep. Singson Jr., the substitute
bill to HB 1970 was approved
by the Committee.
11.
SECOND
DELIBERATION
ON HOUSE BILL NO. 35'10 ENTITLED "AN ACT ESTABLISHING A SIMPLIFIED
INCOME TAX RETURN AUDIT FOR INDIVIDUALS AND CORPORATIONS BY PAYING A CERTAIN AMOUNT
HIGHER THAN THE PRIOR YEAR INCOME TA)( PAYMENT".
On motion of Rep. Ortega,
seconded by Rep. Remulla, the substitute
bill to HB 3510 was approved by the
Committee.
Certified Correct!
·1'
to
/
/
'""J"~ilYI~/
/~.
0
MAU1CI
R. PULl-UN
//
Legisl: tive
ommittee Secretary
Noted by:
A~
.. PANCHO A. BELEN
Service Director
'/'
I
'.
DONALD Z. MARASIGAN
Director
IV
Cc: Deputy Speaker. The Chairperson.
Committee
on Rules. The Secretary General.
The Executive
Director.
CAD.
The Deputy Executive
Director,
CAD. The Service Director. CASS
.
.