Amendment to MMTC Franchise and Tax Allocation

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Republic Act No. 8298: Amendment to MMTC Franchise and Tax Allocation

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Title Source: Supreme Court: Amendment to MMTC Franchise and Tax Allocation

Law: Republic Act No. 8298

Decision Date: Jun 6, 1997

Republic Act No. 8298 grants the Metro Manila Turf Club, Inc. the right to construct and operate a racetrack for horse racing in the City of Kalookan, with a franchise tax of 25% on gross earnings allocated to various entities.

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