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REPUBLIC ACT NO. 1507


 


REPUBLIC ACT NO. 1507 - AN ACT TO AMEND SECTION SEVEN OF REPUBLIC ACT NUMBERED FIVE HUNDRED AND SIXTY- SEVEN, ENTITLED "AN ACT TO AMEND TITLE VI OF COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND SIXTY-SIX, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED," TO MAKE THE RATES PRESCRIBED THEREIN PERMANENT



Section 1.    Section seven of Republic Act Numbered Five hundred and sixty-seven, as amended by Republic Act Numbered Seven hundred and twenty-five, Republic Act Numbered Eight hundred and seventy, Republic Act Numbered One thousand and ninety-two, and Republic Act Numbered One thousand two hundred and seventy-four, is further amended to read as follows:

"Section 7.    The provisions of this Act shall take effect upon its approval."

Section 2.    This Act shall take effect upon its approval.

Approved: June 16, 1956

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