Republic Acts1 min read
Section 26Sec./Art. 26
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
Section 91 of the NIRC, as amended, is hereby further amended to read as follows:
"Sec. 91. Payment of Tax. -
"(A) Time of Payment - x x x
"(B) Extension of Time - x x x
"x x x
"(C) Payment by Installment - In case the available cash of the estate is insufficient to pay the total estate tax due, payment by installment shall be allowed within two (2) years from the statutory date for its payment without civil penalty and interest.
"(D) Liability for Payment - x x x
"x x x
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.