Section 194
Sec. 194(a) NIRC (National Internal Revenue Code) (e) Business — Encyclopedia Britannica (f) Calling — Formulated by CLT (g) Capital — Model Ordinance prepared by the Department of Finance in 1965 (h) Capital investment — Model Ordinance prepared by the Department of Finance in 1965 (i) Charges — Encyclopedia Britannica (j) Confiscatory Encyclopedia Britannica (k) Corporation — NIRC (l) Dealer — BIR Ruling No. 198, s. 1959 (m) Excessive — Encyclopedia Britannica (n) Fee— Encyclopedia Britannica (o) Gross Receipts — Taken from the case of Isabela Sugar C., Inc. vs. Yatco, et al. 67 Phil. 500 with an additional definition formulated by the CLT (p) Hotel — Manila Ordinace No. 6626, s. 1968 (q) Levy — Encyclopedia Britannica (r) License — Encyclopedia Britannica (s) Local government — Adapted Sec. 1, Article XI, New Constitution (t) Lodging house — Manila Ordinance No. 6626, s. 1968 (u) Manufacturer —