Practice question
Which Section 234(c) entity category is expressly included for qualifying machinery and equipment?
- Every private shopping mall
- Local water districts
- Every stock exchange
- Only private airlines
- Only retail restaurants
Legal references
- Local Government Code, RA 7160, Sections 196, 198-199 and 234: https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html
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