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Real Property Tax on Franchise Holders: When Tax Exemptions Apply
Supreme Court rules on real property tax exemptions for franchise holders, explaining what "exclusive of this franchise" means under RA 7678.
Dec 11, 2008tax lawreal property taxtelecommunicationsfranchiselocal government taxationsupreme court
Taxing Telecommunications: No Exemption Without Explicit Grant
The Supreme Court rules that the phrase "exclusive of this franchise" in RA 7678 does not exempt Digitel's real properties from real property tax.