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CA 466 Section 48

Returns of receivers, trustees in bankruptcy, or assignees.

Section 48

SEC. 48. Returns of receivers, trustees in bankruptcy, or assignees. — In cases wherein receivers, trustees in bankruptcy, or assignees are operating the property or business of a corporation, subject to the tax imposed by this Title, such receivers, trustees, or assignees shall make returns of net income as and for such corporation, in the same manner and form as and for such corporation, in the same manner and form as such organization is hereinbefore required to make returns, and any tax due on the income as returned by receivers, trustees, or assignees shall be assessed and collected in the same manner as if assessed directly against the organizations of whose businesses or properties they have custody and control.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER VI - Returns and Payment of Tax →

Other provisions in CHAPTER VI - Returns and Payment of Tax

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationCA 466 Section 48 (LawPlayer, data as of July 4, 2026)

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

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