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Republic Acts

Republic Act No. 2062

PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY

REPUBLIC ACTS




REPUBLIC ACT NO. 2062
REPUBLIC ACT NO. 2062 - AN ACT TO EXEMPT AWARDS GIVEN BY THE RAMON MAGSAYSAY AWARD FOUNDATION FROM THE PAYMENT OF INCOME, GIFT AND ALL OTHER TAXES

Section 1. The provisions of any existing law to the contrary notwithstanding, all awards given by the Ramon Magsaysay Award Foundation shall be exempted from the payment of income, gift and all other taxes.

Sec. 2. This Act shall take effect upon its approval.cralaw

Approved: June 13, 1958

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