SEC. 32. All license or other taxes imposed by this Act on a percentage basis of assessment shall be paid in such manner as the Collector of Internal Revenue, with the approval of the Secretary of Finance and Justice, may by regulation prescribe. All documentary taxes shall be paid' by the affixture and cancellation of stamps to documents the execution, registration, or certification of which is taxed by this Act.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026
CitationAct No. 1189 Section 32 (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
