Doubling PLDT Franchise Tax to 2%

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PRESIDENTIAL DECREE NO. 1528: Doubling PLDT Franchise Tax to 2%

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Title Supreme Court: Doubling PLDT Franchise Tax to 2%

Law: Presidential Decree No. 1528

Decision Date: Jun 11, 1978

A presidential decree increases the franchise tax of the Philippine Long Distance Telephone Company (PLDT) from 1% to 2% of its gross receipts, in line with the government's aim to rationalize taxes on private corporations.

franchise tax

rationalize taxes

private corporations

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