PEP v De Ocampo
GR No 115931, October 30, 1995
FACTS:
RA 7716 seeks to widen the tax base of existing VAT system and enhance its administration by amending the NIRC.
There are various suits challenging its constitutionality. One contention is that the law violates the impairment clause and the rule that taxes should be uniform and equitable and that Congress shall evolve a progressive system of taxation.
ISSUE:
Is the law constitutional?
RULING:
Yes. Contracts must be understood as having been made in reference to the possible exercise of rightful authority of the
government and no obligation of contract can extend to defeat that authority.
GR No 115931, October 30, 1995
FACTS:
RA 7716 seeks to widen the tax base of existing VAT system and enhance its administration by amending the NIRC.
There are various suits challenging its constitutionality. One contention is that the law violates the impairment clause and the rule that taxes should be uniform and equitable and that Congress shall evolve a progressive system of taxation.
ISSUE:
Is the law constitutional?
RULING:
Yes. Contracts must be understood as having been made in reference to the possible exercise of rightful authority of the
government and no obligation of contract can extend to defeat that authority.
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