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Act No. 2835 Section 18

Act No. 2835 Section 18

Section 18

SEC. 18. Section twenty-seven hundred and thirty-nine of Act Numbered Twenty-seven hundred and eleven is hereby amended to read as follows: "SEC. 2739. Unlawful deliver of properties or transfer of shares, obligations, bonds or rights subject to inheritance tax.—The executor or judicial administrator who shall deliver to an heir, legatee, or donee, any real or personal property, credit, right, or franchise, and the officer, manager, or employee of any corporation, 'sociedad anonima', partnership, business, or industry who transfers in its books to any new owner any share, obligation, bond, or right, pertaining to an inheritance subject to the tax imposed in Article XI of the Internal Revenue Law without its payment being shown shall be punished by a fine of not more than five thousand pesos, or imprisonment for not more than six months, or by both penalties."

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Other provisions in Act No. 2835

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. 2835 Section 18 (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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