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Act No. 2432 Section 6

Act No. 2432 Section 6

Section 6

SEC. 6. Section forty-two of Act Numbered Twenty-three hundred and thirty-nine is hereby amended to read as follows: "SEC. 42. Percentage tax on printers and publishers.— Printers and publishers shall pay a tax equivalent to one per cent of their gross receipts; but persons engaged in the publication or printing and publication of any newspaper, magazine, review, or bulletin appearing at regular intervals and having fixed prices for subscription and sale shall not be taxed on receipts from sales of, subscription to, or advertisements in such publication; but this exemption shall not apply to any publication the principal purpose of which is the publication of advertisements."

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Other provisions in Act No. 2432

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. 2432 Section 6 (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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