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Category TAXES ( RPT )
What is the legal basis in the imposition and collection by the local government units of the RPT and SEFT?
Created Jun-5-2015
Owner admin
QUESTION What is the legal basis in the imposition and collection by the local government units of the RPT and SEFT?
ANSWER

The imposition and collection of the RPT and SEFT are based on Republic Act No. 7160 or the Local Government Code of 1991 which took effect on January 1, 1992.