An Act Amending Act Numbered Eighty-Two, Entitled "The Municipal Code," and Providing that All Licenses and Privilege Taxes May Be Paid Quarterly in Advance, at the Election of the Licensee
Act No. 170, enacted on July 16, 1901, amends the Municipal Code by allowing licensees the option to pay all licenses and privilege taxes in advance through four quarterly installments. This change aims to provide greater flexibility for licensees in managing their tax payments. The Act emphasizes the need for prompt enactment for the public good and takes effect immediately upon passage.
Law Information
- Reference Number
- Act No. 170
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
July 16, 1901
ACT NO. 170
AN ACT AMENDING ACT NUMBERED EIGHTY-TWO, ENTITLED "THE MUNICIPAL CODE," AND PROVIDING THAT ALL LICENSES AND PRIVILEGE TAXES MAY BE PAID QUARTERLY IN ADVANCE, AT THE ELECTION OF THE LICENSEE
SECTION 1. The Municipal Code is hereby amended inserting at the close of subsection (b) of section sixty-five the following words: "But all licenses and privilege taxes may be paid in advance in four quarterly installments, at the election of the licensee."
SECTION 2. The public good requiring the speedy enactment of this bill, the passage of the same is hereby expedited in accordance with section two of "An Act prescribing the order of procedure by the Commission in the enactment of laws," passed September twenty-sixth, nineteen hundred.
SECTION 3. This Act shall take effect on its passage.
ENACTED, July 16, 1901.
Cite This Law
An Act Amending Act Numbered Eighty-Two, Entitled "The Municipal Code," and Providing that All Licenses and Privilege Taxes May Be Paid Quarterly in Advance, at the Election of the Licensee, Act No. 170, Jul 16, 1901 (Philippines)
An Act Amending Act Numbered Eighty-Two, Entitled "The Municipal Code," and Providing that All Licenses and Privilege Taxes May Be Paid Quarterly in Advance, at the Election of the Licensee, Act No. 170 (Phil. 1901)
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