AN ACT EXEMPTING CERTAIN BONDS OF THE "MANILA RAILROAD COMPANY OF THE PHILIPPINE ISLANDS" FROM TAXATION.

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Republic Act

AN ACT EXEMPTING CERTAIN BONDS OF THE "MANILA RAILROAD COMPANY OF THE PHILIPPINE ISLANDS" FROM TAXATION.

Number

Act No. 2916

Date of approval

—

Sections

Source

Supreme Court E-Library

View official source

Section 1

SECTION 1. Any bonds hereafter issued by the "Manila Railroad Company of the Philippine Islands," and all income directly derived therefrom shall be exempt from the payment of any tax of the Government of the Philippine Islands or any division or political subdivision of the same.

Section 2

SEC. 2. This Act shall take effect on its approval.

Approved, March 23, 1920.

2 sections

Cite this law

AN ACT EXEMPTING CERTAIN BONDS OF THE "MANILA RAILROAD COMPANY OF THE PHILIPPINE ISLANDS" FROM TAXATION. (Official Gazette). Retrieved via LawPlayer, https://lawplayer.com/ph/act/act-2916

Source: Official Gazette of the Republic of the Philippines — Philippine laws are public documents (works of the government).

No copyright in works of the Government (RA 8293 s.176)

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