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