Tax Payment System and Central Bank Expenses

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Title Supreme Court: Tax Payment System and Central Bank Expenses

Law: Letter Of Instruction No. 497

Decision Date: Jan 21, 1977

Letter of Instructions No. 497 authorizes the Central Bank, Department of Finance, and Bureau of Internal Revenue to make changes in the tax payment system, with expenses incurred by the Central Bank reimbursed by the National Government using funds from the Central Bank's profits.

tax payment

banks

central bank

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