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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 Repealed provisions are kept, struck through, so that references in earlier records stay traceable.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-D. Monitoring and Audit of Sales and Exportation of Minerals, Mineral Products, and Raw Ores

Page 132 of the PDF edition

The Bureau of Internal Revenue and the Bureau of Customs are hereby authorized to examine and audit, for tax purposes, all sales and exportation of minerals, mineral products, and raw ores. For this purpose, the books of accounts and records of metallic mining contractors and/or operators, including assay reports and sales and marketing agreements entered into by them, shall be open for inspection by the said bureaus: Provided, That the said bureaus shall be furnished by the Mines and Geosciences Bureau with a copy of such assay reports and sales and marketing agreements as well as the integrated annual reports of metallic mining contractors and/or operators: Provided, further, That metallic mining contractors and/or operators shall comply with disclosure and reportorial requirements pursuant to a transparency mechanism to be institutionalized under Section 14 of the ‘Enhanced Fiscal Regime for Large-Scale Metallic Mining Act’.

Amendment notes

  1. Enhanced Fiscal Regime for Large-Scale Metallic Mining Act (RA 12253), sec. 9, approved 5 September 2025 — new Section inserted.
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