Amendment on San Ferdo Electric Franchise Tax

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Republic Act No. 3660: Amendment on San Ferdo Electric Franchise Tax

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Title Supreme Court: Amendment on San Ferdo Electric Franchise Tax

Law: Republic Act No. 3660

Decision Date: Jun 22, 1963

An amendment to Republic Act No. 3207 grants the San Fernando Electric Light and Power Co., Inc. a franchise to operate an electric power system in San Fernando, Pampanga, and imposes a two percent franchise tax on the company's gross earnings, exempting it from other taxes on its capital stock, franchise, and property.

amendment

franchise grant

electric power system

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