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The document discusses a case regarding a company that operates an electric power plant under municipal franchises. The company was assessed deficiency franchise taxes by the BIR from 1946 to 1954. The issues are whether the court can inquire into the wisdom of the franchises, whether a section of a law granting the franchises is unconstitutional, and whether the company is liable for fixed and deficiency percentage taxes. The court held that it cannot inquire into the wisdom of franchises, the law is not u

Author

Robert

Language

EN