An Act to Further Amend Section One Hundred and Forty-Seven of Commonwealth Act Numbered Four Hundred and Sixty-Six, Otherwise Known as the National Internal Revenue Code
Year:
1967
Category:
Other
Date Approved:
June 17, 1967
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 Section 147 of the National Internal Revenue Code to establish a specific tax on playing cards. It specifies the tax rates for packs of cards based on their size.Full Text
REPUBLIC ACT No. 4907
An Act to Further Amend Section One Hundred and Forty-Seven of Commonwealth Act Numbered Four Hundred and Sixty-Six, Otherwise Known as the National Internal Revenue Code
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. Section one hundred and forty-seven of Commonwealth Act Numbered Four hundred and sixty-six, otherwise known as the National Internal Revenue Code, as amended, is hereby further amended to read as follows:
Section 2. This Act shall take effect upon its approval.
Approved: June 17, 1967.
"Sec. 147. Specific Tax on Playing Cards.— (a) On each pack of cards regardless of the size thereof containing not more than sixty cards, there shall be collected a tax of three pesos.
"(b) On each pack containing more than sixty cards, there shall be collected the tax established in subsection (a) and a proportionate additional tax on the number in excess of sixty: Provided, However, That the maximum amount that shall be collected on one pack shall not exceed seven pesos."
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.