Amends tax on naphtha for petrochemical use

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Republic Act No. 6767: Amends tax on naphtha for petrochemical use

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Title Supreme Court: Amends tax on naphtha for petrochemical use

Law: Republic Act No. 6767

Decision Date: Oct 30, 1989

Republic Act No. 6767 amends the National Internal Revenue Code to exempt naphtha used in petrochemical production from ad valorem tax, subject to availability and certain conditions.

amendments

ad valorem tax rate

exemption

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