Full Title
AN ACT TO EXEMPT FROM AMUSEMENT TAX ALL ATHLETIC MEETS, SCHOOL PROGRAMS AND EXHIBITIONS, AND OTHER EDUCATIONAL ACTIVITES CONDUCTED BY PUBLIC SCHOOLS, BY AMENDING THE NATIONAL INTERNAL REVENUE CODE.
Congress
House Bill No.
H. No. 2673
Legislative History
Date of Approval
June 14, 1955
Other Details
Issuance Category
Legislative Issuance Type
Bill Note
Link From Other Sources
URL (Supreme Court)
Official Gazette
Official Gazette Source
Official Gazette vol. 51 no. 7 page 3353 (7/00/1955)
Full Text of Issuance
Click to view full text
H. No. 2673 / 51 OG No. 7, 3353 (July, 1955)
[ REPUBLIC ACT NO. 1284, June 14, 1955 ]
AN ACT TO EXEMPT FROM AMUSEMENT TAX ALL ATHLETIC MEETS, SCHOOL PROGRAMS AND EXHIBITIONS, AND OTHER EDUCATIONAL ACTIVITIES CONDUCTED BY PUBLIC SCHOOLS, BY AMENDING THE NATIONAL INTERNAL REVENUE CODE.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:SECTION 1. The National Internal Revenue Code is hereby amended by inserting between section two hundred sixty-A and section two hundred sixty-one thereof the following new section:
"SEC. 260-B. Athletic meets, school programs and exhibitions, and other educational activities conducted by public schools exempted.—All athletic meets, school programs and exhibitions, and other educational activities conducted by any public school to which admission fees are charged shall be exempt from amusement tax: Provided, That the net proceeds therefrom shall accrue to tl athletic fund or library fund of the school in the discretion of the school authorities."
SEC. 2. This Act shall take effect upon its approval.Approved, June 14, 1955.
Source: Supreme Court E-Library