Section 1
SECTION 1. The provisions of any existing law to the contrary notwithstanding, all awards given by the Ramon Magsaysay Award Foundation shall be exempted from the payment of income, gift and all other taxes.
資料由法律人 LawPlayer整理提供·Philippine law / curated by LawPlayer from the Supreme Court E-Library
Republic Act
AN ACT TO EXEMPT AWARDS GIVEN BY THE RAMON MAGSAYSAY AWARD FOUNDATION FROM THE PAYMENT OF INCOME, GIFT AND ALL OTHER TAXES.
Section 2
SEC. 2. This Act shall take effect upon its approval.
Approved, June 13, 1958.
2 sections
Cite this law
AN ACT TO EXEMPT AWARDS GIVEN BY THE RAMON MAGSAYSAY AWARD FOUNDATION FROM THE PAYMENT OF INCOME, GIFT AND ALL OTHER TAXES. (Official Gazette). Retrieved via LawPlayer, https://lawplayer.com/ph/act/ra-2062
Source: Official Gazette of the Republic of the Philippines — Philippine laws are public documents (works of the government).
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