Amendments to Income Tax Law, CA No. 117

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Commonwealth Act No. 117: Amendments to Income Tax Law, CA No. 117

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Title Supreme Court: Amendments to Income Tax Law, CA No. 117

Law: Commonwealth Act No. 117

Decision Date: Nov 3, 1936

Amendment to Act No. 2833 introduces progressive income tax rates, prevention of tax avoidance, exemptions for individuals and estates, filing requirements, taxation of corporations and foreign companies, and penalties for non-compliance.

income tax

amendments

progressive tax rates

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