Full Title
AN ACT EXEMPTING RADIO BROADCASTING AND TELEVISION STATIONS FROM THE PAYMENT OF THE FRANCHISE AND PRIVILEGE TAXES.
Congress
House Bill No.
H. No. 4176
Legislative History
Date of Approval
June 19, 1960
Other Details
Issuance Category
Legislative Issuance Type
Bill Note
Link From Other Sources
URL (Supreme Court)
Official Gazette
Official Gazette Source
Official Gazette vol. 57 no. 12 page 2113 (March 20, 1961)
Full Text of Issuance
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H. NO. 4176 / 57 OG No. 12, 2113 (March 20, 1961)
[ REPUBLIC ACT NO. 2889, June 19, 1960 ]
AN ACT EXEMPTING RADIO BROADCASTING AND TELEVISION STATIONS FROM THE PAYMENT OF THE FRANCHISE AND PRIVILEGE TAXES.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: SECTION 1. The provisions of the National Internal Revenue Code and other laws to the contrary notwithstanding, all radio broadcasting and television stations, now authorized or which may henceforth be authorized to operate in the Philippines, shall be exempt from the payment of the franchise and privilege taxes.SEC. 2. This Act shall take effect upon its approval.Enacted without Executive approval, June 19, 1960.
Source: Supreme Court E-Library