Republic Acts1 min read
Section 2November 15, 1990, Sec./Art. 2
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The life of the franchise of the Philippine Telegraph and Telephone Corporation under Republic Act No. 4161, as amended by Republic Act No. 5048, is hereby renewed to another twenty-five (25) years from the date of the effectivity of this Act.
Any provision of Republic Act No. 4161, as amended by Republic Act No. 5048, to the contrary notwithstanding, the Philippine Telegraph and Telephone Corporation shall pay franchise, income and other taxes as provided for in Executive Order No. 72.
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