An act to amend sections one hundred and thirty-three, one hundred and thirty-four and one hundred and thirty-five of commonwealth act numbered four hundred and sixty-six, otherwise known as the national internal revenue code
An Act to Amend Sections One Hundred and Thirty-Three, One Hundred and Thirty-Four and One Hundred and Thirty-Five of Commonwealth Act Numbered Four Hundred and Sixty-Six, Otherwise Known as the National Internal Revenue Code
In plain language
This act amends the National Internal Revenue Code by revising the specific tax rates on distilled spirits, wines, and fermented liquors, adjusting rates based on the type of spirit, proof, and wine category.
Specific tax of 70 centavos per proof liter for distilled spirits made from sap of nipa, coconut, cassava, camote, or buri palm, or from cane juice, syrup, or sugar.
Specific tax of 15 pesos per proof liter for distilled spirits made from any other materials.
Proportional increase of tax for spirits with higher proof.
Tax on sparkling wines set at 12 pesos per liter.
Tax on still wines ≤14% alcohol set at 1 peso per liter (except casuy and duhat).
Tax on still wines >14% alcohol set at 2 pesos per liter.
Tax on imitation wines >25% alcohol taxed as distilled spirits.
Tax of 25 centavos per liter on beer, lager, ale, porter, and other fermented liquors.
tax law
internal revenue
distilled spirits
wine
fermented liquors
Philippines
Republic Act
REPUBLIC ACT No. 2272
An Act to Repeal Republic Act Numbered Seven Hundred Eighty-Nine, Entitled "An Act Granting Mauricio Palau, Narciso Fuertes and Juan Suarez a Franchise for an Electric Light, Heat and Power System in the Municipality of Barotac Nuevo, Province of Iloilo"
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1
The public interest so requiring, Republic Act Numbered Seven hundred eighty-nine is hereby repealed.
Section 2
This Act shall take effect upon its approval.
Approved: June 19, 1959.
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.