Republic Acts1 min read
Section 7Sec./Art. 7
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Section 56 of the National Internal Revenue Code of 1997, as amended, is hereby further amended to read as follows:
"Section 56. Payment and Assessment of Income Tax for Individuals and Corporations. -
(A) Payment of Tax. -
(1) In General. - The total amount of tax imposed by this Title shall be paid, either electronically or manually, by the person subject thereto at the time the return is filed. In the case of tramp vessels, the shipping agents and/or the husbanding agents, and in their absence, the captains thereof are required to file the return herein provided and pay the tax due thereon before their departure. Upon failure of the said agents or captains to file the return and pay the tax, the Bureau of Customs is hereby authorized to hold the vessel and prevent its departure until proof of payment of the tax is presented or a sufficient bond is filed to answer for the tax due.
x x x."
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