Revision of Gasoline Tax Rates

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EXECUTIVE ORDER NO. 550: Revision of Gasoline Tax Rates

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Title Supreme Court: Revision of Gasoline Tax Rates

Law: Executive Order No. 550

Decision Date: Aug 1, 1979

President Ferdinand E. Marcos issues Executive Order No. 550 to revise the tax rates on gasoline in response to rising crude oil prices, aiming to mitigate negative effects on infrastructure projects and the cost of essential materials and equipment.

revised rates

specific tax

gasoline

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