ACT NO. 1978 - AN ACT PROVIDING
THAT THE ANNUAL TAX ON THE ASSESSED VALUE OF THE REAL ESTATE OF THE
CITY OF MANILA FOR THE YEAR NINETEEN HUNDRED AND TEN SHALL BE ONE AND
ONE-HALF PER CENTUM THEREOF |
Section 1. The annual tax on the assessed value of all the
real estate of the city of Manila subject to taxation shall be, for the
year nineteen hundred and ten, one and one-half per centum thereof
instead of two per centum thereof, anything contained in section
forty-seven of Act Numbered One hundred and eighty-three, as amended,
to the contrary notwithstanding: Provided, However, That one per centum
of the assessed value of the said real estate shall be payable on or
before the first day of July, nineteen hundred and ten, and the
remaining one-half per centum shall be payable on or before the
thirty-first of December, nineteen hundred and ten. Sec. 2. The public good requiring the speedy enactment of this bill, the same shall take effect on its passage in accordance with section one of Act Numbered Nineteen hundred and forty-five of the Philippine Legislature. |