Amendments on Income Tax Rates and Provisions

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Republic Act No. 82: Amendments on Income Tax Rates and Provisions

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Title Supreme Court: Amendments on Income Tax Rates and Provisions

Law: Republic Act No. 82

Decision Date: Oct 29, 1946

Republic Act No. 82 amends and repeals certain sections of C.A. No. 466, introducing progressive tax rates for citizens and residents, imposing a 12% tax rate on non-resident alien individuals, specifying tax rates for corporations, allowing deductions for certain expenses, and providing regulations for capital gains and losses, withholding tax at source, and payment of corporation income tax.

amendment

repeal

income tax

END