Skip to main content
New Year’s Sale — Build a balanced news diet with 40% off Vantage
Get Started
SubscribeLogin
Published • loading... • Updated

Lawmaker bats for abolition of estate tax - BusinessWorld Online

Summary by bworldonline.com
A CONGRESSMAN on Tuesday filed a bill seeking to abolish estate taxes, in a move aimed at scrapping levies on inherited property to ease the use of idle lands. House Bill No. 6553 seeks to abolish the 6% estate tax on the net estate of deceased individuals, removing levies on property inherited by family members, opting instead for taxation if the property is sold. A copy of the bill was not made immediately available. “When a loved one dies, do…

1 Articles

bworldonline.combworldonline.com
Center

Lawmaker bats for abolition of estate tax - BusinessWorld Online

A CONGRESSMAN on Tuesday filed a bill seeking to abolish estate taxes, in a move aimed at scrapping levies on inherited property to ease the use of idle lands. House Bill No. 6553 seeks to abolish the 6% estate tax on the net estate of deceased individuals, removing levies on property inherited by family members, opting instead for taxation if the property is sold. A copy of the bill was not made immediately available. “When a loved one dies, do…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

bworldonline.com broke the news in on Tuesday, December 2, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)
Blindspot Title And Logo
Stories disproportionately reported by the Left or the Right

Similar News Topics

Property icon

Property

Albay icon

Albay

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal