Republic Acts1 min read
Section 56Sec./Art. 56
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Section 180 of the NIRC, as amended, is hereby further amended to read as follows:
"Sec. 180. Stamp Tax on All Bills of Exchange or Drafts. - On all bills of exchange (between points within the Philippines) or drafts, there shall be collected a documentary stamp tax of Sixty centavos (₱0.60) on each Two hundred pesos (₱200), or fractional part thereof, of the face value of any such bill of exchange or draft."
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