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RA 2889
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R.A. 2889

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Year:

1960

Category:

Other

Date Approved:

June 19, 1960

Summary

Plain-language AI-assisted summary — not the official text. As of July 1, 2026. Read the full text below or on the official source.

This Act exempts all radio broadcasting and television stations in the Philippines from the payment of franchise and privilege taxes. It aims to support the broadcasting industry by alleviating their financial burdens related to taxation.
Full Text


REPUBLIC ACT No. 2889

AN ACT EXEMPTING RADIO BROADCASTING AND TELEVISION STATIONS FROM THE PAYMENT OF THE FRANCHISE AND PRIVILEGE TAXES.

Section 1. The provisions of the National Internal Revenue Code and other laws to the contrary notwithstanding, all radio broadcasting and television stations, now authorized or which may henceforth be authorized to operate in the Philippines, shall be exempt from the payment of the franchise and privilege taxes.

Section 2. This Act shall take effect upon its approval.

Enacted without Executive approval, June 19, 1960.


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Source

Official source from LawPhil:

View on LawPhil Last updated: Jul 1, 2026
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.