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| REPUBLIC ACT NO. 1090 - AN
ACT TO EXTEND THE EFFECTIVITY OF REPUBLIC ACT NUMBERED FIVE HUNDRED AND
EIGHTY-NINE, BY FURTHER AMENDING SECTION SEVEN THEREOF, ENTITLED "AN
ACT TO AMEND SECTIONS ONE HUNDRED AND THIRTY-THREE, ONE HUNDRED AND
THIRTY- FOUR, ONE HUNDRED AND THIRTY FIVE, ONE HUNDRED AND
THIRTY-SEVEN, ONE HUNDRED AND FORTY, AND ONE HUNDRED AND FORTY-SEVEN OF
COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND SIXTY-SIX, OTHERWISE KNOWN
AS THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED" |
| Section 1.
Section seven of Republic Act Numbered Five hundred and eighty-nine, as
amended by Republic Act numbered Seven hundred and twenty-four, and
Republic Act Numbered Nine hundred and fifty-five, is further amended
to read as follows: "Section 7. This Act shall take effect upon its approval, but, unless otherwise expressly extended by Congress, the increased rates of tax provided for in this Act shall continue in force and effect until December thirty-one nineteen hundred and fifty-five." Section 2. This Act shall take effect upon its approval. Approved: June 15, 1954 |
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