REPUBLIC ACT NO. 4909 - AN ACT EXEMPTING FROM INCOME TAX THE TEN THOUSAND DOLLARS PRIZE OF MISS GEMMA CRUZ AS MISS INTERNATIONAL.
[ REPUBLIC ACT NO. 4909, June 17, 1967 ]
AN ACT EXEMPTING FROM INCOME TAX THE TEN THOUSAND DOLLARS PRIZE OF MISS GEMMA CRUZ AS MISS INTERNATIONAL.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
SECTION 1. The ten thousand dollars prize of Miss Gemma Cruz as Miss International, donated by her to Boys Town, shall not be included in gross income and shall be exempt from income tax, any provision of the National Internal Revenue Code to the contrary notwithstanding.
SEC. 2. This Act shall take effect upon its approval.
Approved, June 17, 1967.
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