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NPC vs. Cabanatuan: Franchise Tax Dispute by bvsmdl is a document available to read on EtoBox.

What is NPC vs. Cabanatuan: Franchise Tax Dispute about?

The case involves a petition by the National Power Corporation (NPC) against the City of Cabanatuan regarding the imposition of a franchise tax. The Court of Appeals ruled that NPC, despite being a government-owned corporation, is liable for the tax, stating that its tax exemptions were repealed by the Local Government Code. NPC argues that it is a non-profit entity and an instrumentality of the National Government, thus exempt from local taxation, but the appellate court found otherwise, ordering NPC to pa

Author

bvsmdl

Language

EN