Republic Acts1 min read
Section 31National Internal Revenue Code of 1997 (Republic Act No. 8424), Sec. 31
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Taxable Income Defined. - The term taxable income means the pertinent items of gross income specified in this Code, less the deductions and/or personal and additional exemptions, if any, authorized for such types of income by this Code or other special laws.
CHAPTER VI - COMPUTATION OF GROSS INCOME
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