Practice question
Apply 150(b)-(c) to a PHP10 million allocable base with a principal office, factory and plantation, each in a different locality. Explain both allocation stages.
Legal references
- RA7160, LGC Sections139,145-146,150,157-163 and252-253: https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html
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