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province or city, where the corporation, partnership, or firm is
doing business.
Corporations, partnerships, or firms whose central, main,
or head offices are located outside the autonomous region but
which are doing business within its territorial jurisdiction, by
farming, developing, or utilizing the land, aquatic, or natural
resources therein, shall pay the income taxes corresponding to
the income realized from their business operations in the
autonomous region to the city, or municipality where their branch
offices or business operations or activities are located.
SEC. 7. Extent of Tax Powers; Exceptions. – Unless
otherwise provided herein, the taxing power of the regional
government and of the provinces, cities, municipalities, and
barangay located therein shall not extend to the following:
(a) Income tax, except when levied on banks and other
financial institutions;
(b) Documentary stamps tax;
(c) Taxes on estate, inheritance, gifts, legacies, and other
acquisitions mortis causa, except as otherwise provided by law;
(d) Customs duties, registration fees of vessel and wharfage
on wharves, tonnage dues, and all other kinds of custom fees,
charges, and dues except vessels which are registered by their
owners with the Regional Government and wharfage on wharves
constructed and maintained by the Regional Government or the
local government unit concerned;
(e) Taxes, fees, or charges and other impositions upon goods
carried into or out of, or passing through the territorial
jurisdictions of the provinces, cities, municipalities, or barangay
of the autonomous region in the guise of charges for wharfage,
tolls for bridges, or otherwise, or other taxes, fees, or charges in
any form whatsoever upon such goods or merchandise except tolls
on bridges or roads constructed and maintained by the provinces,
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