Amending tax exemption of National Power Corp.

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Republic Act No. 987: Amending tax exemption of National Power Corp.

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Title Source: Supreme Court: Amending tax exemption of National Power Corp.

Law: Republic Act No. 987

Decision Date: Jun 2, 1954

Republic Act No. 987 amends Republic Act No. 358 to require the National Power Corporation (NPC) to pay real property tax, while still exempting the NPC from all other taxes, duties, fees, imposts, charges, and restrictions imposed by the Philippines.

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