Republic Act No. 1514

An act to amend certain sections of commonwealth act numbered four hundred sixty-five, otherwise known as the residence tax law, as amended

An Act to Amend Certain Sections of Commonwealth Act Numbered Four Hundred Sixty-Five, Otherwise Known as the Residence Tax Law, as Amended

In plain language

Amendments to the Residence Tax Law clarifying tax liability, rates, and exemptions for individuals and corporations.

Amends sections of CA 465 regarding residence tax liability for individuals and corporations
Establishes additional tax rates based on property, gross receipts, and salaries
Defines exempt categories such as diplomatic and military personnel, transient visitors, and local officials

tax law

residence tax

amendment

Philippines

corporate tax

REPUBLIC ACT No. 1514

An Act Changing the Name of the Barrio of Bayan-Bayanan, Municipality of Marikina, Province of Rizal, to Concepcion

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

Section 1

The name of the barrio of Bayan-Bayanan, Municipality of Marikina, Province of Rizal, is changed to Concepcion.

Section 2

This Act shall take effect upon its approval.

Approved: June 16, 1956.

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.