Can I read Purisima v. Lazatin: Tax Regulation Ruling on EtoBox?
Purisima v. Lazatin: Tax Regulation Ruling by Rejay Abel is a document available to read on EtoBox.
What is Purisima v. Lazatin: Tax Regulation Ruling about?
The Supreme Court ruled that Revenue Regulation No. 2-2012, which imposed VAT and excise taxes on petroleum products in Freeport and Economic Zones, was unconstitutional as it violated the tax and duty-free incentives established by Republic Act 9400. Both Representative Lazatin and Ecozone Plastic Enterprises Corporation had the legal standing to challenge the regulation. The case emphasizes the inviolability of legislative prerogatives and the automatic nature of tax exemptions for FEZ enterprises.
- Author
- Rejay Abel
- Language
- EN