Log inSign up
Tax Law
Approved June 16, 1956

Republic Act No. 1549

An act requiring the presentation of proof of the filing of income tax returns and certification of the payment of taxes during the preceding year before issuing any license or permit to engage in any trade, business or occupation or practice a profession

An Act Requiring the Presentation of Proof of the Filing of Income Tax Returns and Certification of the Payment of Taxes During the Preceding Year Before Issuing Any License or Permit to Engage in Any Trade, Business or Occupation or Practice a Profession

Report problem

In plain language

The act mandates that proof of filed income tax returns and payment of due taxes must be presented before any license or permit is issued, imposing fines or imprisonment for non-compliance and revoking licenses as necessary.

  • Proof of income tax filing and payment required before issuing licenses
  • Fine of up to five hundred pesos or imprisonment up to one year for non-compliance
  • Manager of corporate entities held responsible
  • License revocation if proof not provided
Tax Law
Licensing
Income Tax
Philippines

REPUBLIC ACT No. 1549

An Act Granting Antonio Macias of Liloy, Zamboanga del Norte, a Franchise for an Electric Light, Heat and Power System in the Municipality of Liloy, Province of Zamboanga del Norte

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

Subject to the terms and conditions established in Act Numbered Thirty-six hundred and thirty-six, as amended by Commonwealth Act Numbered One hundred and thirty-two, and to the provisions of the Constitution, there is granted to Antonio Macias of Liloy, Zamboanga del Norte, for a period of twenty-five years from the approval of this Act, the right, privilege, and authority to construct, maintain and operate an electric light, heat and power system for the purpose of generating and distributing electric light, heat and/or power for sale within the Municipality of Liloy, Province of Zamboanga del Norte.

Section 2

In the event that the grantee shall purchase and secure from the National Power Corporation electric heat and power, the National Power Corporation is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates.

Section 3

It is expressly provided that, in the event the Government should desire to maintain and operate for itself the system and enterprise herein authorized, the grantee shall surrender his franchise and will turn over to the Government all serviceable equipment therein, at cost, less reasonable depreciation.

Section 4

This Act shall take effect upon it approval.

Approved: June 16, 1956.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.