Amendment to Section 2 (a) of Regulations No. 9 (Administrative Order No. 50)

January 26, 1922 DOF REGULATIONS NO. 025-22 1 SUBJECT : Amendment to Section 2 (a) of Regulations No. 9 (Administrative Order No. 50) TO : All Internal Revenue Officers and Others Concerned SECTION 1. Section 2 (a) of Regulations No. 9 (Administrative Order No. 50), entitled "Cinematographic film regulations," is hereby amended so as to read as follows: SEC. 2. (a) Taxable films produced in the Philippine Islands . Each person before engaging in printing any positive cinematographic films in the Philippine Islands shall file a bond under Schedule A, paragraph 10, satisfactory to the Collector of Internal Revenue to guarantee the payment of the tax due thereon. The Collector of Internal Revenue upon approval of the bond shall cause to be installed the necessary books, B.I.R. Forms Nos. 587 (Official Register), 61 (Requisition for Stamps) and 589 (Official Tax-Receipts). The tax shall be paid on such printed positive film produced in the Philippine Islands before removal from the place of production by the affixture and cancellation of internal revenue stamps of the proper value and denomination to B.I.R. Form No. 589, unless it is produced for export prior to use in the Philippine Islands, or exempted under the provisions of paragraph (b) of section 1 hereof (section 1478, Administrative Code of 1917). SECTION 2. These Regulations shall become effective upon their promulgation in the Official Gazette. Manila, January 26, 1922. ALBERTO BARRETTO Secretary of Finance Footnotes 1. Promulgated February 16, 1922; XX Off. Gaz., 20, page 382.