RMC No. 87-2018 — Publishes the full text of RA No. 10295, entitled "An Act Renewing for another Twenty-Five (25) Years the Franchise Granted to Republic Broadcasting System, Inc., Presently Known as GMA Network, Inc., Amending for the Purpose Republic Act No. 7252, Entitled "An Act Granting the Republic Broadcasting System, Inc. a Franchise to Construct, Install, Operate and Maintain Radio and Te

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City BUREAU OF INIERINAL REV NTTYYN OCT 11 2018 3:32Ru. UM a

RECORDS MGT. DIVISION July 11,2018

Revenue MeMOranduM CirCulAr No._8 7- & 018

SUBJECT: RENEWING FOR ANOTHER TWENTY-FIVE (25) YEARS Publishing the Full Text of Republic Act No. 10295 which was Approved on April 21, 2017, Entitled"AN ACT THE FrancHise GRANTED TO REPUBLjC

MAINTAIN RADIO AND TELEVISION BROADCAStING STATIONS IN THE PHILIPPINES". GMA NetWOrK, INC., AMeNdINg FOr tHE PuRPOse REPUBLIC ACT NO. 7252, ENTITLED "AN ACT GRANTING tHe rePublic Broadcasting SysteM, inc. a Franchise to construct, Install, operate and Broadcasting systeM, inc., Presently Known as

TO: All Internal Revenue Officials, Empioyees and Others Concerned

and others concerned, attached as Annex "A" hereof is the certified copy of Republic Act No. 10295 which was approved on April 21, 2017, entitled "AN ACT RENEWING A FrAnCHISe tO COnStruCt, InStAlL, OPerAtE And MAIntaIn rAdiO AND TELEVISION BROADCASTING STATIONS IN THE PHILIPPINES". FOR ANOTHER TWENTY-FIVE (25) YEARS THE FRANCHISE GRANTED TO Republic Broadcasting system, inc., Presently Known as gma NETWORK, INC.., AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7252. ENtItLED "AN ACT GRANtING THE REPUBLIC BROADCAStING SYStEM, INC For the information and guidance of all internal revenue officials, employees

Circular a wide publicity as possible. All internal revenue officials and employees are hereby enjoined to give this

eam

K-1 BKTD Commissioner of Internal Revenue CAeSAr r. DuLAY 0 20 0 3 2