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                    [ArticleID] => 230170
                    [Title] => SC upholds John Hay SEZ but voids its tax exemption
                    [Summary] => The Supreme Court recently upheld the establishment in 1994 by then President Fidel Ramos of a portion of Camp John Hay in Baguio City as a special economic zone (SEZ) under Presidential Proclamation No. 420.


However, it declared as null and void for being unconstitutional the second sentence of Section 3 of the proclamation granting tax exemption and financial incentives to the John Hay SEZ similar to those enjoyed by the Subic SEZ under Republic Act No. 7227 or the Bases Conversion and Development Act of 1992.


                    [DatePublished] => 2003-12-03 00:00:00
                    [ColumnID] => 133272
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ALTERNATIVE COALITION

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                    [ArticleID] => 230170
                    [Title] => SC upholds John Hay SEZ but voids its tax exemption
                    [Summary] => The Supreme Court recently upheld the establishment in 1994 by then President Fidel Ramos of a portion of Camp John Hay in Baguio City as a special economic zone (SEZ) under Presidential Proclamation No. 420.


However, it declared as null and void for being unconstitutional the second sentence of Section 3 of the proclamation granting tax exemption and financial incentives to the John Hay SEZ similar to those enjoyed by the Subic SEZ under Republic Act No. 7227 or the Bases Conversion and Development Act of 1992.


                    [DatePublished] => 2003-12-03 00:00:00
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abtest

SC upholds John Hay SEZ but voids its tax exemption

December 3, 2003 - 12:00am

The Supreme Court recently upheld the establishment in 1994 by then President Fidel Ramos of a portion of Camp John Hay in Baguio City as a special economic zone (SEZ) under Presidential Proclamation No. 420. However,...

Nation