About this document
Taxation Case Digests Overview by Dazzle Duterte is a document available to read on EtoBox.
The Supreme Court ruled that National Power Corporation (NPC) is liable to pay annual franchise tax to the City of Cabanatuan. While government agencies are generally exempt from local taxation, the Local Government Code removed this blanket exclusion and authorized local government units to impose taxes on national government entities and instrumentalities under specific provisions. A franchise tax is a tax on the privilege of transacting business in a locality and exercising rights granted by the governme
- Author
- Dazzle Duterte
- Language
- EN