Remittance of Certain Unpaid Land Taxes
Act No. 2171, enacted on February 6, 1912, remits all unpaid taxes on machinery attached to real estate that accrued before January 1, 1912. It establishes that no tax will be levied on agricultural machinery attached to real estate unless its value exceeds 200 pesos. The act emphasizes the public good and takes effect immediately upon passage.
February 6, 1912
ACT NO. 2171
AN ACT REMITTING CERTAIN UNPAID LAND TAXES
SECTION 1. All unpaid taxes on machinery attached to and forming a part of real estate which accrued prior to January first, nineteen hundred and twelve, are hereby remitted.
SECTION 2. No tax shall be levied upon agricultural machinery attached to and a part of real estate unless it exceeds in value two hundred pesos.
SECTION 3. The public good requiring the speedy enactment of this bill, the same shall take effect on its passage, in accordance with section one of Act Numbered Nineteen hundred and forty-five of the Philippine Legislature.
Enacted, February 6, 1912