RA 821 Section 20

Section 20

SEC. 20. All notes, bonds, debentures, and other obligations issued by the Administration shall be exempt from all taxation both as to principal and interest, except inheritance and gift taxes.

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Other provisions in RA 821

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 821 Section 20 (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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