Republic Act
Approved June 13, 1958

Republic Act No. 2075

An act to exempt awards given by the ramon magsaysay award foundation from the payment of income, gift and all other taxes

An Act to Exempt Awards Given by the Ramon Magsaysay Award Foundation from the Payment of Income, Gift and All Other Taxes

In plain language

Exempts awards from Ramon Magsaysay Award Foundation from income, gift, and other taxes.

  • All awards given by the Ramon Magsaysay Award Foundation are exempt from income, gift, and all other taxes.
  • The Act takes effect upon its approval.
Tax Exemption
Awards
Ramon Magsaysay Award Foundation

REPUBLIC ACT No. 2075

An Act Appropriating the Sum of Eight Hundred Thousand Pesos for Handling, Hauling and Distributing the Relief Goods Which Have Been Donated to the Philippines by the National Relief or Welfare Organizations in the United States of America and Other Countries in the Free World

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

Section 1

The sum of eight hundred thousand pesos is appropriated, out of any funds in the National Treasury not otherwise appropriated, for handling, hauling and distributing the relief goods which have been donated to the Philippines during the fiscal year nineteen hundred fifty-seven-nineteen hundred fifty-eight, by the national relief or welfare organizations in the United States of America and other countries in the Free World.

Section 2

This Act shall take effect upon its approval.

Approved: June 13, 1958.

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.