ChanRobles Virtual law Library










A collection of Philippine laws, statutes and codes
not included or cited in the main indices
of theChan Robles Virtual Law Library

This page features the full text of
Batas Pambansa Bilang 399
AN ACT ABOLISHING THE ADDITIONAL TEN PERCENT TAX ON THE TAXABLE NET INCOME OF CLOSELY-HELD CORPORATIONS, REPEALING FOR THE PURPOSE PARAGRAPH (e) OF SECTION TWENTY-FOUR OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED.
chan robles virtual law library


BATAS PAMBANSA BILANG 399
AN ACT ABOLISHING THE ADDITIONAL TEN PERCENT TAX ON THE TAXABLE NET INCOME OF CLOSELY-HELD CORPORATIONS, REPEALING FOR THE PURPOSE PARAGRAPH (e) OF SECTION TWENTY-FOUR OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED.
chan robles virtual law library
chanrobles virtual law librarySection 1.  Paragraph (e) of Section twenty-four of the National Internal Revenue Code, as amended, is hereby repealed.
chanrobles virtual law librarySec. 2.  This Act shall take effect upon its approval.chanrobles virtual law library

Approved: May 18, 1983




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