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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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ACT NO. 2251


ACT NO. 2251 - AN ACT AMENDING SUBSECTION (i) OF SECTION ONE HUNDRED AND FORTY-TWO OF ACT NUMBERED ELEVEN HUNDRED AND EIGHTY-NINE, KNOWN AS THE "INTERNAL-REVENUE LAW OF NINETEEN HUNDRED AND FOUR," BY INCLUDING MANUFACTURERS WITHIN ITS PROVISIONS AND CHANGING THE BASIS OF THE EXEMPTION THEREIN PROVIDED, AND FOR OTHER PURPOSES


Section 1. Subsection (i) of section one hundred and forty-two of Act Numbered Eleven hundred and eighty-nine, commonly known as the "Internal-Revenue Law," is hereby amended to read as follows:

"(i) Merchants, peddlers, manufacturers, and small booth keepers, the gross value of whose quarterly sales does not exceed one hundred and twenty-five pesos."


Sec. 2. This Act shall take effect on its passage.

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