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RA 4465 Section 5

RA 4465 Section 5

Section 5

SEC. 5. In consideration of the franchise and rights hereby granted, the grantee shall pay into the Internal Revenue Office in the City of Roxas or in each municipality in which it has an ice plant under this franchise, a tax equal to two per centum of the gross receipts from ice sold under this franchise. Said tax shall be in lieu of any and all taxes, duties, fees, charges and/or licenses of any kind, nature or description, levied, established or collected by any authority whatsoever, city or municipal, provincial or national, now or in the future, on ice plant structures and realty, installations, equipment and accessories, franchises, rights, ice sales receipts, revenues and profits, any provision of law to the contrary notwithstanding.

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Other provisions in RA 4465

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

CitationRA 4465 Section 5 (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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