Extension of Effectivity of R.A. No. 588
Republic Act No. 726 • Statutes • Republic Acts • Jun 6, 1952
Full text
June 6, 1952 REPUBLIC ACT NO. 726 AN ACT TO EXTEND THE EFFECTIVITY OF REPUBLIC ACT NUMBERED FIVE HUNDRED EIGHTY-EIGHT, BY 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" SECTION 1. Section eight of Republic Act Numbered Five hundred eighty-eight is amended to read as follows: "SEC. 8. This Act shall take effect upon its approval, but unless otherwise expressly extended by Congress, the increased tax provided for in this Act shall continue in force and effect only until December thirty-one, nineteen hundred and fifty-three, 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 6, 1952 Published in the Official Gazette, Vol . 48, No . 7 in July 1952
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.