Republic Act
Approved June 10, 1955

Republic Act No. 1263

An act condoning the payment of interest, penalties and surcharges on estate and inheritance taxes due from the estate of veterans, guerrillas or victims of japanese atrocities who died during the japanese occupation subject to certain conditions and for other purposes

An Act Condoning the Payment of Interest, Penalties and Surcharges on Estate and Inheritance Taxes Due from the Estate of Veterans, Guerrillas or Victims of Japanese Atrocities Who Died During the Japanese Occupation Subject to Certain Conditions and for Other Purposes

In plain language

This Act waives interest, penalties and surcharges on estate and inheritance taxes owed by veterans, guerrillas, and victims of Japanese atrocities who died during the Japanese occupation, provided the basic tax is paid by December 31, 1955.

  • Condonation of interest, penalties and surcharges on estate and inheritance taxes for eligible veterans, guerrillas and victims of Japanese atrocities
  • Basic tax must be paid by December 31, 1955
  • Unpaid taxes after that date are not covered
  • Payments already made are applied to the basic tax
  • No reimbursement for these payments
  • No other taxes are condoned
tax law
estate tax
inheritance tax
veterans
war victims

REPUBLIC ACT No. 1263

An Act Changing the Name of Mindanao Street in the City of Cagayan De Oro to Tiano Brothers Street

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

Section 1

The name of Mindanao Street in the City of Cagayan de Oro is hereby changed to Tiano Brothers Street.

Section 2

This Act shall take effect upon its approval.

Approved: June 10, 1955.

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.