Act No. 2251, February 11, 1913

[ Act No. 2251, February 11, 1913 ]

AN ACT AMENDING SUBSECTION (I) OF SECTION ONE HUNDRED AND FORTY-TWO OF ACT NUMBERED ELEVEN HUNDRED AND EIGHTY-NINE, KNOWN AS THE "INTERNAL-REVENUE LAW OF NINETEEN HUNDRED AND FOUR," BY INCLUDING MANUFACTURERS WITHIN ITS PROVISIONS AND CHANGING THE BASIS OF THE EXEMPTION THEREIN PROVIDED, AND FOR OTHER PURPOSES.

By authority of the United States, be it enacted by the Philippine Legislature, that:

SECTION 1. Subsection (i) of section one hundred and forty-two of Act Numbered Eleven hundred and eighty-nine, commonly known as the "Internal-Revenue Law," is hereby amended to read as follows:

" (i) Merchants, peddlers, manufacturers, and small booth the gross value of whose quarterly sales does not S" exceed one hundred and twenty-five pesos." SEC. 2. This Act shall take effect on its passage.

Enacted, February 11, 1913.