Republic Act No. 726 (RA 726) — An Act to Extend the Effectivity of Republic Act Numbered Five Hundred Eighty-Eight, by Amending Section Eight Thereof, Entitled "An Act Amend Certain Sections of Commonwealth Act Numbered Four Hundred and Sixty-Six, Otherwise Known as the National Internal Revenue Code."
Republic Act No. 726 (RA 726) — An Act to Extend the Effectivity of Republic Act Numbered Five Hundred Eighty-Eight, by Amending Section Eight Thereof, Entitled "An Act Amend Certain Sections of Commonwealth Act Numbered Four Hundred and Sixty-Six, Otherwise Known as the National Internal Revenue Code."
Data as of July 4, 2026 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
SECTION 1. Section eight of Republic Act Numbered Five hundred eighty-eight is amended to read as follows:
"SEC. 8. This Act shall take effect upon its approval, put unless otherwise expressly extended by Congress, the increased tax provided for in this Act shall continue in force and effect only until December thirty-one, nineteen hundred and fifty-three, after which period the original rates of tax shall again be in force."