PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
|REPUBLIC ACT NO. 1280 - AN
ACT TO AMEND SECTION EIGHT OF REPUBLIC ACT NUMBERED FIVE HUNDRED AND
EIGHTY-EIGHT, ENTITLED "AN ACT TO AMEND CERTAIN SECTION OF COMMONWEALTH
ACT NUMBERED FOUR HUNDRED AND SIXTY-SIX, OTHERWISE KNOWN AS THE
NATIONAL INTERNAL REVENUE CODE, AS AMENDED"
Section eight of Republic Act Numbered Five hundred and eighty-eight,
as amended by Republic Act Numbered Seven hundred and twenty-six,
Republic Act Numbered Nine hundred and fifty-eight, and Republic Act
Numbered One thousand ninety-one, is further amended to read as
"Sec. 8. The provisions of this Act shall take effect upon its approval, but, unless otherwise expressly extended by Congress, the increased taxes provided for in this Act shall continue in force and effect only until June thirty, nineteen hundred and fifty-seven, after which period the original rates of tax shall again be in force."
Sec. 2. This Act shall take effect upon its approval.cralaw
Approved: June 14, 1955