Amends franchise and amusement taxes

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Republic Act No. 418: Amends franchise and amusement taxes

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Title Source: Supreme Court: Amends franchise and amusement taxes

Law: Republic Act No. 418

Decision Date: Jun 18, 1949

Republic Act No. 418 amends the NIRC to establish tax rates and regulations for franchises and amusement places in the Philippines, including a tax on gross earnings or receipts from franchises and varying taxes based on admission prices for theaters and other places of amusement.

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