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Act No. 1940 Section 2

Act No. 1940 Section 2

Section 2

SEC. 2. Section twenty-seven of said Act is hereby amended to read as follows: "SEC. 27. All taxes required by this Act to be paid upon the manufacture or sale of distilled spirits, rectified or manufactured liquor, wines and imitations of wines, fermented liquors, man-d tobacco and snuff, cigars, cigarettes, and matches, and e execution of bonds, debentures, certificates of stock and indebtedness, or other documents, instruments, or papers, certificates, receipts, contracts, insurance bonds, tickets, and other written instruments of every kind which are subject to tax, and upon all ads pursuits, and trades subject to the taxes herein imposed, except the poll taxes, shall be paid by the affixture of internal-revenue stamps to be purchased, attached, and canceled in the hereinafter provided."

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Other provisions in Act No. 1940

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. 1940 Section 2 (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).

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