Inheritance Taxation Act of 1916

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Act No. 2601.: Inheritance Taxation Act of 1916

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Title Supreme Court: Inheritance Taxation Act of 1916

Law: Act No. 2601.

Decision Date: Feb 4, 1916

Philippine Law, Act No. 2601 imposes taxes on inheritances, legacies, and other acquisitions mortis causa, with varying rates depending on the beneficiary-deceased relationship, and provides exemptions, deductions, and remedies for disputes, while establishing the authority of the government to collect and allocate the tax revenue.

inheritance tax

legacies tax

acquisitions mortis causa

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