About this document
Retroactivity of Tax Laws Explained by Adrian is a document available to read on EtoBox.
The court ruled that taxes collected from Cebu Portland Cement Company prior to an amendment made by RA 1299 to the National Internal Revenue Code are not refundable. According to the doctrine of retroactivity of laws, a statute operates prospectively unless legislative intent for retroactive effect is clear. The amendment did not expressly or implicitly indicate it should apply retroactively. Therefore, the taxes paid before the amendment are not refundable, even if the purpose of the amendment was clarifi
- Author
- Adrian
- Language
- EN