RA 7161

Question 1

Republic Act No. 7161

Answer 1

INCREASING THE FOREST CHARGES ON TIMBER AND OTHER FOREST PRODUCTS.

Question 2

Republic Act No. 7161, when?

Answer 2

October 10, 1991

Question 3

Section 70. Charges on Timber Cut in Forestland- There shall be collected charges on each cubic cubic meter of timber cut in forestland, whether belonging to the first, second, third or fourth group, ________ of the actual FOB market price based on species and grading: Provided, however, That, in the case of pulpwood and matchwood cut in forestland, forest charges on each cubic meter shall be _____ of the actual FOB market price.

Answer 3

twenty-five percent (25%); ten percent (10%)

Question 4

Section 72. Charges on Minor Forest Products- All other forest products of forestland which are not covered by the preceding sections shall be exempt rattan, gums and resins, beeswax, guta-percha, almaciga resin and bamboo which shall be charged at _______ of the actual FOB market price.

Answer 4

ten percent (10%)