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Manila Ordinance and Franchise Tax Cases by Lex Zander Babanto is a document available to read on EtoBox.
What is Manila Ordinance and Franchise Tax Cases about?
1. The Ordinance was declared invalid as it imposed a tax rather than a regulatory fee, arbitrarily depriving aliens of their constitutional rights. 2. The Court upheld the franchise agreement granting Lingayen Gulf Electric a lower tax rate, as the legislature has power to grant tax exemptions and rates below 5% do not violate equal protection. 3. CEPALCO was exempt from provincial franchise taxes based on its franchise agreement specifying a 3% tax in lieu of all others. Local regulations clarified fra
- Author
- Lex Zander Babanto
- Language
- EN