Banking Industry Tax Exemptions and Capitalization

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PRESIDENTIAL DECREE NO. 1738: Banking Industry Tax Exemptions and Capitalization

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Title Supreme Court: Banking Industry Tax Exemptions and Capitalization

Law: Presidential Decree No. 1738

Decision Date: Sep 17, 1980

Presidential Decree No. 1738 declares the banking industry as vital to the Philippine economy, providing tax exemptions and waivers for gains from property sales, mergers, and stock exchanges within a five-year period.

banking industry

national economy

investment

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