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Republic Act
Approved June 20, 1953

Republic Act No. 1003

An act authorizing the appropriation of funds for the construction, equipment and maintenance of a leprosy research laboratory and training center

An Act Authorizing the Appropriation of Funds for the Construction, Equipment and Maintenance of a Leprosy Research Laboratory and Training Center

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In plain language

This act appropriates funds for constructing, equipping, and maintaining a leprosy research laboratory and training center in the Philippines.

  • Appropriation of ₱300,000 for construction, equipment, and maintenance of leprosy research laboratory and training center.
  • Act takes effect upon approval.
Health
Leprosy
Research
Funding

REPUBLIC ACT No. 1003

An Act to Amend Section Ninety-Three of Commonwealth Act Numbered Four Hundred Sixty-Six Known as the National Internal Revenue Code as Amended

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

Section ninety-three of Commonwealth Act Numbered Four hundred sixty-six otherwise known as the National Internal Revenue Code as amended, is hereby further amended to read as follow:

"Sec. 93. Returns.

(a)Requirements. -In all cases of inheritance or transfers subject to either the estate tax or the inheritance tax, or both, or where, though exempt from both taxes, the gross value of the estate exceeds three thousand pesos, the executor, administrator, or anyone of the heirs, as the case may be, shall file a return under oath in duplicate, setting forth (1) the value of the gross estate of the decedent at the time of his death, or, in case of a non-resident not a citizen of the Philippines of part of his gross estate in the Philippines;
(2)the deductions allowed from gross estate in determining net estate as defined in section eighty-nine;
(3)such part of such information as may at the time be ascertainable and such supplemental data as may be necessary to establish the correct taxes: Provided, However, That estate returns showing a gross value of fifty thousand pesos or more shall be accompanied with a statement of (1) itemized assets of the estate of the decedent with their corresponding gross value at the time of his death, or, in case of a nonresident not a citizen of the Philippines, of that part of his gross estate situated in the Philippines;
(2)itemized deductions allowed from gross estate allowed in section eighty-nine; and, (3) the amount of taxes due whether paid or still due and outstanding duly certified to by certified public accountants.

Section 2

This Act shall take effect upon its approval.

Approved: June 12, 1954.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.