PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES
REPUBLIC ACTS
| REPUBLIC ACT NO. 726 - AN ACT TO
EXTEND THE EFFECTIVITY OF REPUBLIC ACT NUMBERED FIVE HUNDRED
EIGHTY-EIGHT, BY AMENDING SECTION EIGHT THEREOF, ENTITLED "AN ACT TO
AMEND CERTAIN SECTION OF COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND
SIXTY-SIX, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE" |
| Section 1.
Section eight of Republic Act Numbered Five hundred eighty-eight is
amended to read as follows: "Sec. 8.
This Act shall take effect upon its approval, but unless otherwise
expressly extended by Congress, the increased tax provided for in this
Act shall continue in force and effect only until December thirty-one,
nineteen hundred and fifty-three, after which period the original rates
of tax shall again be in force."
Sec. 2. This Act shall take effect upon its approval. Approved: June 6, 1952 |