Republic Acts1 min read
Section 62Sec./Art. 62
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Section 189 of the NIRC, as amended, is hereby further amended to read as follows:
"Sec. 189. Stamp Tax on Warehouse Receipts. - On each warehouse receipt for property held in storage in a public or private warehouse or yard for any person other than the proprietor of such warehouse or yard, there shall be collected a documentary stamp tax of Thirty pesos (₱30.00): Provided, That no tax shall be collected on each warehouse receipt issued to any one person in any one calendar month covering property the value of which does not exceed Two hundred pesos (₱200)."
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