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Senate Bill No. 2421- Corporation engaged in National Wealth Development, direct remittance of 40% Share to LGUS

November 8, 2009

An Act Providing For The Direct Remittance To The Host Local Government Unit Of Its Forty Percent (40%) Share Of The Gross Collection Derived By The National Government From National Wealth Taxes, Amending For The Purpose Section 293 Of Republic Act No. 7160, Otherwise

http://www.senate.gov.ph/lis/bill_res.aspx?congress=14&q=SBN-2421