PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACTS
| REPUBLIC ACT NO. 2062 - AN ACT TO
EXEMPT AWARDS GIVEN BY THE RAMON MAGSAYSAY AWARD FOUNDATION FROM THE
PAYMENT OF INCOME, GIFT AND ALL OTHER TAXES |
| Section 1. The
provisions of any existing law to the contrary notwithstanding, all
awards given by the Ramon Magsaysay Award Foundation shall be exempted
from the payment of income, gift and all other taxes. Sec. 2. This Act shall take effect upon its approval.cralaw Approved: June 13, 1958 |
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