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Republic Act
Approved June 19, 1960

Republic Act No. 2889

An act exempting radio broadcasting and television stations from the payment of the franchise and privilege taxes

An Act Exempting Radio Broadcasting and Television Stations from the Payment of the Franchise and Privilege Taxes

In plain language

Exempts radio broadcasting and television stations from franchise and privilege taxes in the Philippines.

  • Exemption of franchise and privilege taxes for radio broadcasting and television stations.
  • The Act takes effect upon approval.
tax exemption
broadcasting
television

REPUBLIC ACT No. 2889

AN ACT EXEMPTING RADIO BROADCASTING AND TELEVISION STATIONS FROM THE PAYMENT OF THE FRANCHISE AND PRIVILEGE TAXES.

Section 1

The provisions of the National Internal Revenue Code and other laws to the contrary notwithstanding, all radio broadcasting and television stations, now authorized or which may henceforth be authorized to operate in the Philippines, shall be exempt from the payment of the franchise and privilege taxes.

Section 2

This Act shall take effect upon its approval.

Enacted without Executive approval, June 19, 1960.

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.