Restoring the Tax and Duty Incentives to the Veterans Federation of the Philippines
Republic Act No. 7291, enacted on March 24, 1992, restores the tax and duty incentives previously granted to the Veterans Federation of the Philippines under an earlier law. This restoration is made irrespective of prior executive orders and decrees, provided that no dollar outflow is involved in the transactions. The Act also repeals or modifies any conflicting laws and regulations. It took effect immediately upon approval and was published in the Official Gazette on May 11, 1992.
Law Information
- Reference Number
- Republic Act No. 7291
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
March 24, 1992
REPUBLIC ACT NO. 7291
AN ACT RESTORING THE TAX AND DUTY INCENTIVES PREVIOUSLY ENJOYED BY THE VETERANS FEDERATION OF THE PHILIPPINES UNDER REPUBLIC ACT NUMBERED TWENTY-SIX HUNDRED AND FORTY
SECTION 1. Notwithstanding the provisions of Executive Order No. 93 and Presidential Decree No. 1931, the tax and duty incentives previously enjoyed by the Veterans Federation of the Philippines under Republic Act Numbered Twenty-six hundred and forty are hereby restored: Provided, That no dollar outflow shall in any manner be involved in the exchange of transaction. cdt
SECTION 2. All laws, decrees, orders, issuances, rules and regulations, or parts thereof, inconsistent with this Act are hereby repealed or modified accordingly.
SECTION 3. This Act shall take effect upon its approval. casia
Approved: March 24, 1992
Published in the Official Gazette, Vol. 88 No. 19 page 2726 on May 11, 1992.
Cite This Law
Restoring the Tax and Duty Incentives to the Veterans Federation of the Philippines, Republic Act No. 7291, Mar 24, 1992 (Philippines)
Restoring the Tax and Duty Incentives to the Veterans Federation of the Philippines, Republic Act No. 7291 (Phil. 1992)
Related Laws
- Creating the Veterans Federation of the PhilippinesRepublic Act No. 2640 • Jun 18, 1960 • Statutes
- Authorizing the President to Sell Certain Parcel of Land to Veterans Federation of the PhilippinesRepublic Act No. 3853 • May 13, 1964 • Statutes
- Rehabilitation of the Philippine Veterans BankRepublic Act No. 7169 • Jan 2, 1992 • Statutes
- Amendment to Section 3 of R.A. No. 2640 (Creation of Veterans Federation of the Philippines)Batas Pambansa Blg. 35 • Jun 27, 1979 • Statutes
- Approval of the Constitution and By-Laws (CBL) of the Veterans Federation of the Philippines (VFP)DND Memorandum • Aug 2, 2013 • Other Rules and Procedures
- Classifying the Veterans Federation of the Philippines (VFP) as a Sui Generis GOCCGCG Memorandum Order No. 2014-19 • Jul 14, 2014 • Other Rules and Procedures
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