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AAC Tax Code.

The National Internal Revenue Code of 1997 as it currently stands — consolidated by the firm to carry the TRAIN Law, the CREATE Act, the Ease of Paying Taxes Act, the VAT on Digital Services Act, CREATE MORE, the CMEPA and the amendatory laws in force to 1 August 2026, with a footnote at every provision naming the law that changed it.

Text current as at 1 August 2026. This is an unofficial consolidation prepared by the firm and not the official text of the Code. Repealed provisions are kept, struck through, so that references in earlier records stay traceable.
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The printed edition runs to 240 pages and carries the same text, footnotes and references as the browser below. Every section here shows the page it sits on in that PDF, so a citation taken from the screen matches the one taken from the book.

TITLE VI — EXCISE TAXES ON CERTAIN GOODS › CHAPTER VII. EXCISE TAX ON MINERAL PRODUCTS

SEC. 151-C. Ring-Fencing of Large-Scale Metallic Mining Operations

Page 131 of the PDF edition

For purposes of reporting and paying the taxes under Sections 151-A and 151-B of this Code, a metallic mining contractor shall be treated as a separate taxable entity with respect to each mineral agreement or financial or technical assistance agreement that it holds and/or operates: Provided, That where a contractor has a valid and effective operating agreement, the mining operator shall be considered as a separate taxable entity for purposes of this section: Provided, further, That where there is more than one (1) valid mining operator under the same mineral agreement or financial technical assistance agreement, each mining operator shall be deemed a separate taxable entity for its respective mining operations under the agreement: Provided, finally, That where a mining operator conducts mining operations by virtue of a valid operating agreement with the mining contractor, it is understood that the mining operator is the one liable to pay the pertinent taxes imposed under this chapter.

As a separate taxable entity, each metallic mining contractor or operator shall be responsible for compliance with the corresponding reportorial and other requirements under applicable laws, rules, and regulations.

Amendment notes

  1. Enhanced Fiscal Regime for Large-Scale Metallic Mining Act (RA 12253), sec. 8, approved 5 September 2025 — new Section inserted.
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