A law is passed imposing a tax of five pesos (P5.00) on every citizen for the purpose of raising funds to be given as loans to earthquake victims in Mindanao. Is the tax valid?
A law is passed imposing a tax of five pesos (P5.00) on every citizen for the purpose of raising funds to be given as loans to earthquake victims in Mindanao. Is the tax valid?
Chapter28: Income Taxation Of Trusts And Estates
Section: Chapter Questions
Problem 9DQ
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A law is passed imposing a tax of five pesos (P5.00) on every citizen for the purpose of raising funds to be given as loans to earthquake victims in Mindanao. Is the tax valid?
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