Republic Acts1 min read
Section 28Sec./Art. 28
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After Tax Profits. - Without prior Bangko Sentral approval, after tax profits and other earnings of foreign investments in enterprises in the ECOZONE may be remitted outward in the equivalent foreign exchange through any of the banks licensed by the Bangko Sentral ng Pilipinas in the ECOZONE: Provided, however, that such foreign investments in said enterprises have been previously registered with the Bangko Sentral.
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