Republic Acts1 min read
Section 55National Internal Revenue Code of 1997 (Republic Act No. 8424), Sec. 55
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Returns of General Professional Partnerships. - Every general professional partnership shall file, in duplicate, a return of its income, except income exempt under Section 32 (B) of this Title, setting forth the items of gross income and of deductions allowed by this Title, and the names, Taxpayer Identification Numbers (TIN), addresses and shares of each of the partners.
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