REPUBLIC ACT NO. 1091 - AN
ACT TO EXTEND THE EFFECTIVITY OF REPUBLIC ACT NUMBERED FIVE HUNDRED AND
EIGHTY-EIGHT, BY FURTHER AMENDING SECTION EIGHT THEREOF, ENTITLED "AN
ACT TO AMEND CERTAIN SECTIONS OF COMMONWEALTH ACT NUMBERED FOUR HUNDRED
AND SIXTY-SIX, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE,"
AS AMENDED |
Section 1.
Section eight of Republic Act Numbered Five hundred and eighty-eight,
as amended by Republic Act Numbered Seven hundred and twenty-six and
Republic Act Numbered Nine hundred and fifty-eight, is further amended
to read as follows: "Sec. 8.
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 December
thirty-one, nineteen hundred and fifty-five, 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 15, 1954 |