Amendment to Insurance Premium Tax Law

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Republic Act No. 1504: Amendment to Insurance Premium Tax Law

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Title Supreme Court: Amendment to Insurance Premium Tax Law

Law: Republic Act No. 1504

Decision Date: Jun 16, 1956

Republic Act No. 1504 imposes a three percent tax on insurance premiums collected by insurance companies in the Philippines, with exemptions for certain cases, and requires agents of foreign insurance companies to pay double the tax rate.

amending

taxes

insurance premiums

END