Extending the Effectivity of R.A. No. 588 Re: Amendment to the NIRC
Republic Act No. 1091 • Statutes • Republic Acts • Jun 15, 1954
Full text
June 15, 1954 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." SECTION 2. This Act shall take effect upon its approval. Approved: June 15, 1954 Published in the Official Gazette, Vol. 50, No. 7, p. 2981 in July 1954
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