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.
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Republic Act
AN ACT EXEMPTING RADIO BROADCASTING AND TELEVISION STATIONS FROM THE PAYMENT OF THE FRANCHISE AND PRIVILEGE TAXES.
Section 1
Section 2
SEC. 2. This Act shall take effect upon its approval.
Enacted without Executive approval, June 19, 1960.
2 sections
Cite this law
AN ACT EXEMPTING RADIO BROADCASTING AND TELEVISION STATIONS FROM THE PAYMENT OF THE FRANCHISE AND PRIVILEGE TAXES. (Official Gazette). Retrieved via LawPlayer, https://lawplayer.com/ph/act/ra-2889
Source: Official Gazette of the Republic of the Philippines — Philippine laws are public documents (works of the government).
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