SEC. 2. The action of the Collector of Internal Revenue in granting to banks and bankers a reasonable time in which to determine the amount of taxes due, and to permit the payment thereof without penalty within such time, and in extending by regulations the time in which persons subject to internal-revenue license and business taxes might pay same without penalty, is hereby confirmed, ratified, and approved.
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. 2336 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).
