Extension of Effectivity of R.A. No. 600 (Graduated Scale for Income Tax on Corporations)
Republic Act No. 1065, enacted on June 12, 1954, extends the effectiveness of certain provisions regarding corporate income tax as outlined in Republic Act No. 600. Specifically, it amends Section 3 of the previous act to apply to income received from January 1, 1951, to December 31, 1955. After this period, the original provisions of the National Internal Revenue Code will be reinstated. The Act became effective upon its approval and was published in the Official Gazette in July 1954.
Law Information
- Reference Number
- Republic Act No. 1065
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 12, 1954
REPUBLIC ACT NO. 1065
AN ACT EXTEND THE EFFECTIVITY OF REPUBLIC ACT NUMBERED SIX HUNDRED, ENTITLED "AN ACT TO PRESCRIBE A GRADUATED SCALE FOR THE INCOME TAX ON CORPORATIONS BY AMENDING SECTIONS TWENTY-FOUR AND FIFTY-FOUR OF COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND SIXTY-SIX, OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED, AND FOR OTHER PURPOSES"
SECTION 1. Section three of Republic Act Numbered Six hundred, as amended by Republic Act Numbered Eight hundred and sixty-eight, is further amended to read as follows: aisa dc
"SEC. 3. The provisions of this Act shall apply to income received from January first, nineteen hundred and fifty-one to December thirty-one, nineteen hundred and fifty-five, after the expiration of which later date the provisions of sections twenty-four and fifty-four of the National Internal Revenue Code, as amended, shall again be in full force and effect."
SECTION 2. This Act shall take effect upon its approval.
Approved: June 12, 1954
Published in the Official Gazette, Vol. 50, No. 7, p. 2956 in July 1954
Cite This Law
Extension of Effectivity of R.A. No. 600 (Graduated Scale for Income Tax on Corporations), Republic Act No. 1065, Jun 12, 1954 (Philippines)
Extension of Effectivity of R.A. No. 600 (Graduated Scale for Income Tax on Corporations), Republic Act No. 1065 (Phil. 1954)
Related Laws
- Graduated Scale for Corporate Income TaxRepublic Act No. 600 • Mar 28, 1951 • Statutes
- Amending R.A. No. 600 Re: Graduated Scale for Income Tax on CorporationsRepublic Act No. 1505 • Jun 16, 1956 • Statutes
- Amending R.A. No. 600 Re: Graduated Scale for Income Tax on CorporationsRepublic Act No. 1291 • Jun 15, 1955 • Statutes
- Amending R.A. No. 600 Re: Graduated Scale for Corporate Income TaxRepublic Act No. 868 • Jun 16, 1953 • Statutes
- Amendments to C.A. No. 466 Re: Income Tax on CorporationsRepublic Act No. 3825 • Jun 22, 1963 • Statutes
- Amending the NIRC Re: Income Tax Rates of Individuals and CorporationsRepublic Act No. 2343 • Jun 20, 1959 • Statutes
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