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PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
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REPUBLIC ACTS
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REPUBLIC ACT NO. 1280 - AN
ACT TO AMEND SECTION EIGHT OF REPUBLIC ACT NUMBERED FIVE HUNDRED AND
EIGHTY-EIGHT, ENTITLED "AN ACT TO AMEND CERTAIN SECTION OF COMMONWEALTH
ACT NUMBERED FOUR HUNDRED AND SIXTY-SIX, OTHERWISE KNOWN AS THE
NATIONAL INTERNAL REVENUE CODE, AS AMENDED" |
Section 1.
Section eight of Republic Act Numbered Five hundred and eighty-eight,
as amended by Republic Act Numbered Seven hundred and twenty-six,
Republic Act Numbered Nine hundred and fifty-eight, and Republic Act
Numbered One thousand ninety-one, is further amended to read as
follows: "Sec. 8. The
provisions of this Act shall take effect upon its approval, but, unless
otherwise expressly extended by Congress, the increased taxes provided
for in this Act shall continue in force and effect only until June
thirty, nineteen hundred and fifty-seven, after which period the
original rates of tax shall again be in force." Sec. 2. This Act shall take effect upon its approval.cralaw Approved: June 14, 1955 |