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.
Republic Act No. 2062 (RA 2062) — An Act to Exempt Awards Given by the Ramon Magsaysay Award Foundation from the Payment of Income, Gift and All Other Taxes.
Republic Act No. 2062 (RA 2062) — An Act to Exempt Awards Given by the Ramon Magsaysay Award Foundation from the Payment of Income, Gift and All Other Taxes.
Data as of July 4, 2026 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Section 2
SEC. 2. This Act shall take effect upon its approval. Approved, June 13, 1958.
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
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