Amending Sec. 147 of the NIRC Re: Specific Tax on Playing Cards

June 17, 1967 REPUBLIC ACT NO. 4907 AN ACTTO FURTHER AMEND SECTION ONE HUNDRED AND FORTY-SEVEN OF COMMONWEALTH ACT NUMBEREDFOUR HUNDRED AND SIXTY-SIX, OTHERWISE KNOWN AS THE NATIONALINTERNAL REVENUECODE SECTION 1. Section one hundred and forty-seven of Commonwealth Act Numbered Four hundred and sixty-six, otherwise known as the National Internal Revenue Code, as amended, is hereby further amended to read as follows: "SEC. 147. Specific Tax on Playing Cards . (a) On each pack of cards regardless of the size thereof containing not more than sixty cards, there shall be collected a tax of three pesos. cdt "(b) On each pack containing more than sixty cards, there shall be collected the tax established in subsection (a) and a proportionate additional tax on the number in excess of sixty: Provided, however , that the maximum amount that shall be collected on one pack shall not exceed seven pesos." SECTION 2. This Act shall take effect upon its approval. Approved: June 17, 1967 Published in the Official Gazette, Vol. 65, No. 7, p. 1531 on February 17, 1969