Common limitations on the taxing powers of local governments.
Section 5
SEC. 5. Common limitations on the taxing powers of local governments. — The exercise of the taxing powers of provinces, cities, municipalities and barrios shall not extend to the imposition of the following: (a) Documentary stamp tax; (b) Taxes on forest products and forest concessions; (c) Taxes on estates, inheritance, gifts, legacies and other acquisitions mortis causa, except as otherwise provided in this Code; (d) Taxes on income of any kind whatsoever; (e) Taxes or fees for the registration of motor vehicles and for the issuance of all kinds of licenses or permits for the driving thereof; (f) Customs duties, registration fees of vessels except as otherwise provided in this Code, and wharfage on wharves, tonnage dues, and all other kinds of customs fees, charges and dues except wharfage on wharves constructed and maintained by the local government concerned at rates not exceeding those fixed by the Tariff and Customs Code; (g) Taxes of any kind on banks and insurance companies; (h) Taxes on premiums paid by owners of property who obtain insurance directly with foreign insurance companies; (i) Export taxes, fees, or other levies on Philippine finished, manufactured or processed products and products of Philippine cottage industries; (j) Taxes and other impositions upon goods carried into or out of, or passing through, the territorial jurisdictions of local governments in the guise of unreasonable charges for wharfage use of bridges, or otherwise, or other taxes in any form whatever upon such goods or merchandise; (k) Taxes or fees on agricultural products when sold by the farmer or producer thereof, whether in their original form or not; and (l) Percentage tax on sales, except as otherwise provided in this Code.