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Documentary Stamp Tax
Legal SheetsTax Journals

Documentary Stamp Tax Payment Date for DST Metering Machine Users

For DS metering machine users, the payment of the DST upon loading/reloading is merely an advance payment for future application...
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Capacity to sue
Legal Sheets

Capacity to Sue of Dissolved Corporation

The time during which the corporation, through its own officers, may conduct the liquidation of its assets and sue and be sued as a corporation is limited to three years from the time the period of dissolution commences...
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Military Checkpoint
Legal Sheets

Legality of Inspection of Public Transport Buses at Military Checkpoints

An inspection of a public transport bus is a reasonable search, which is beyond the ambit of the constitutional protection...
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Law and Jurisprudence
Legal SheetsTax Journals

Sale by PSALM of the Power Plants of NPC Not Subject to Value-Added Tax

The sale of the power plants is not "in the course of trade or business" as contemplated under Section 105 of the NIRC, and thus, not subject to VAT...
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Law and Jurisprudence
Legal SheetsProperty Ledgers

Interest on Installment Sale of Real Property and Suspension of Payment

Although the suspension of payment by the buyer was valid, he is still liable to pay the interest as agreed upon...
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Law and Justice
Legal Sheets

Republic Act No. 9225: Re-acquisition of Philippine Citizenship

Natural-born Filipino citizens who lost their Philippine citizenship by reason of naturalization as citizens of a foreign country may reacquire their Philippine citizenship pursuant to Republic Act No. 9225...
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Legal SheetsProperty Ledgers

Maceda Law – Transactions Covered and Rights of Buyer

Republic act No. 6552, the Realty Installment Buyer Act, was enacted ‘to protect buyers of real estate on installment payments against onerous and oppressive conditions' (Sec. 2)...
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Tax Treatment of Educational Institutions

Income Tax Treatment of Educational Institutions

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