R.A. 594
Year:
1951
Category:
Other
Date Approved:
February 16, 1951
Summary
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This Act amends specific sections of the National Internal Revenue Code concerning the privilege taxes imposed on various businesses. It outlines the tax rates applicable to different categories of goods and provides exemptions for certain individuals and entities.Full Text
REPUBLIC ACT No. 594
AN ACT TO AMEND CERTAIN SECTIONS OF THE NATIONAL INTERNAL REVENUE CODE RELATING TO PRIVILEGE TAXES ON BUSINESS
Section 1. Paragraph (B) of section one hundred eighty-three of Commonwealth Act Numbered Four hundred sixty-six, otherwise known as the National Internal Revenue Code, as amended by Republic Act Numbered Two hundred fifty-three, is hereby further amended to read as follows:
Section 2. Section one hundred eighty-four of Commonwealth Act Numbered Four hundred and sixty-six, as amended by Republic Act Numbered Five hundred eighty-eight is hereby further amended to read as follows:
Section 3. Section one hundred eighty-five of Commonwealth Act Numbered Four hundred and sixty-six as last amended by section two of Republic Act Numbered Five hundred and eighty-eight, is hereby further amended to read as follows:
Section 4. Section one hundred and eighty-six of Commonwealth Act Numbered Four hundred and sixty-six, as amended, is hereby further amended to read as follows:
Section 5. Section one hundred eighty-eight of Commonwealth Act Numbered Four hundred sixty-six, as amended, is hereby further amended to read as follows:
Section 6. Date of effectivity. - This Act shall take effect upon its approval.
Approved: February 16, 1951
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