Deductions from the Block Grant; Exceptions. Twenty (20) years from the operationalization of the Bangsamoro Government, the following shall be deducted from the block grant:
(a) Revenues from the following taxes imposed and collected in the Bangsamoro territorial jurisdiction by the Bangsamoro Government three (3) years prior:
(1) Capital Gains Tax;
(2) Documentary Stamp Tax;
(3) Donor’s Tax; and
(4) Estate Tax; and
(b) Share of the Bangsamoro Government in the income derived from the exploration, development, and utilization of natural resources, as provided under Section 34, Article XII of this Organic Law, collected three (3) years prior.
The amount allocated for the operation of the Bangsamoro Sustainable Development Board, as provided in Section 8, Article VI of this Organic Law, shall not be included in the amount herein to be deducted from the block grant. The abovementioned deduction shall not include the shares of constituent local government units and of indigenous communities in government income derived from the exploration, development, and utilization of natural resources under Sections 35 and 36 of this Article, respectively.
