Amendment to Subsection (i) of Section 142 of Act No. 1189 (Internal-Revenue Law of 1904) ( Act No. 2251 )

February 11, 1913

February 11, 1913

ACT NO. 2251

AN ACT AMENDING SUBSECTION (i) OF SECTION ONE HUNDRED AND FORTY-TWO OF ACT NUMBERED ELEVEN HUNDRED AND EIGHTY-NINE, KNOWN AS THE "INTERNAL-REVENUE LAW OF NINETEEN HUNDRED AND FOUR," BY INCLUDING MANUFACTURERS WITHIN ITS PROVISIONS AND CHANGING THE BASIS OF THE EXEMPTION THEREIN PROVIDED, AND FOR OTHER PURPOSES

SECTION 1. Subsection (i) of section one hundred and forty-two of Act Numbered Eleven hundred and eighty-nine, commonly known as the "Internal-Revenue Law," is hereby amended to read as follows:

"(i) Merchants, peddlers, manufacturers, and small booth keepers, the gross value of whose quarterly sales does not exceed one hundred and twenty-five pesos."

SECTION 2. This Act shall take effect on its passage.

Enacted: February 11, 1913