R.A. 592
Year:
1951
Category:
Other
Date Approved:
January 30, 1951
Summary
Plain-language AI-assisted summary — not the official text. As of July 1, 2026. Read the full text below or on the official source.
This Act amends specific sections of the National Internal Revenue Code to update the tax rates on distilled spirits and fermented liquors. It aims to clarify the taxation process for these products and ensure compliance with updated standards.Full Text
REPUBLIC ACT No. 592
AN ACT TO AMEND SECTIONS ONE HUNDRED AND THIRTY-THREE AND ONE HUNDRED THIRTY-FIVE OF , OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED
Section 1. Section one hundred and thirty-three of Commonwealth Act Numbered Four hundred and sixty-six, as amended, is hereby further amended to read as follows:
Section 2. Section one hundred and thirty-five of Commonwealth Act Numbered Four hundred and sixty-six, as amended, is hereby further amended to read as follows:
Section 3. Date of effectivity. - This Act shall take effect on January 1, 1951.
Approved: January 30, 1951
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