Extending the Effectivity of R.A. No. 589 Re: Amendment to the NIRC
Republic Act No. 1090, approved on June 15, 1954, amends Section 7 of Republic Act No. 589, which pertains to the National Internal Revenue Code. This amendment extends the validity of increased tax rates established by the previous act until December 31, 1955, unless Congress decides to extend it further. The law emphasizes that the amended provisions take effect immediately upon approval. It was published in the Official Gazette in July 1954.
Law Information
- Reference Number
- Republic Act No. 1090
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 15, 1954
REPUBLIC ACT NO. 1090
AN ACT TO EXTEND THE EFFECTIVITY OF REPUBLIC ACT NUMBERED FIVE HUNDRED AND EIGHTY-NINE, BY FURTHER AMENDING SECTION SEVEN THEREOF, ENTITLED "AN ACT TO AMEND SECTIONS ONE HUNDRED AND THIRTY-THREE, ONE HUNDRED AND THIRTY- FOUR, ONE HUNDRED AND THIRTY FIVE, ONE HUNDRED AND THIRTY-SEVEN, ONE HUNDRED AND FORTY, AND ONE HUNDRED AND FORTY-SEVEN OF COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND SIXTY-SIX, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED"
SECTION 1. Section seven of Republic Act Numbered Five hundred and eighty-nine, as amended by Republic Act numbered Seven hundred and twenty-four, and Republic Act Numbered Nine hundred and fifty-five, is further amended to read as follows:
"SEC. 7. This Act shall take effect upon its approval, but, unless otherwise expressly extended by Congress, the increased rates of tax provided for in this Act shall continue in force and effect until December thirty-one nineteen hundred and fifty-five." acd
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
Cite This Law
Extending the Effectivity of R.A. No. 589 Re: Amendment to the NIRC, Republic Act No. 1090, Jun 15, 1954 (Philippines)
Extending the Effectivity of R.A. No. 589 Re: Amendment to the NIRC, Republic Act No. 1090 (Phil. 1954)
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- Extending the Effectivity of R.A. No. 589Republic Act No. 724 • Jun 6, 1952 • Statutes
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- Extending the Effectivity of R.A. No. 588 Re: Amendment to the NIRCRepublic Act No. 1091 • Jun 15, 1954 • Statutes
- Extending the Effectivity R.A. No. 567 Re: Amendment to the NIRCRepublic Act No. 1092 • Jun 15, 1954 • Statutes
- Extending the Effectivity of R.A. No. 567 Re: Amendment to the NIRCRepublic Act No. 870 • Jun 16, 1953 • Statutes
- Extending the Effectivity of R.A. No. 588 (Amendment to the NIRC)Republic Act No. 958 • Jun 20, 1953 • Statutes
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