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Act No. 82 Section 65

Section 65

SEC. 65. (a) All licenses and privilege taxes shall be paid before the licensee or taxpayer shall begin the business or enjoyment of the privilege for which the license or tax is imposed by the ordinance of the council. (b) All licenses and privilege taxes shall terminate on the thirty-first of May of each year, and anyone beginning a business or exercising a privilege upon which a tax is levied by the council after the thirty-first of May shall he required, before beginning such business or exercising such privilege, to pay the license or tax for the part of the year which remains, to and including the thirty-first of May following. (c) An addition to the tax or license, in the nature of a penalty amounting to twenty per centum of the original tax or license, to be collected and accounted for by the provincial treasurer in the same manner as the original tax or license, shall be imposed for a failure to pay tax or license when due.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER VI →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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