Republic Acts1 min read
Section 3Sec./Art. 3
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Section 6 of Republic Act No. 9728 is hereby amended to read as follows:
"Sec. 6. Imposition of a Tax Rate of Five Percent (5%) on Gross Income Earned. No taxes, local and national, shall be imposed on registered business establishments operating within the FAB. In lieu thereof, and subject to Section 10 of this Act, said business establishments shall pay a five percent (5%) final tax on their gross income earned in the following percentages:
"(a) One per centum (1%) to the National Government;
"(b) One per centum (1%) to the Province of Bataan;
"(c) One per centum (1%) to the host city/municipality; and
"(d) Two per centum (2%) to the Authority of the Freeport Area of Bataan."
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