Section 2
SEC. 2. Section fifteen hundred and forty-two of the same Act, as amended, is hereby further amended to read as follows: "SEC. 1542. Determination of value of usufructs, annuities, and real property.—In order to determine the value of the right of usufruct, use or habitation, as well as that of annuity, there shall be taken into account the probable life of the beneficiary in accordance with the American Tropical Experience Table, calculated at eight per centum annual interest. For the purpose of determining the value of real property, the assessed value as shown by the tax rolls shall be taken as the minimum. "In order to determine the tax which should be paid by the beneficiary of a legacy of education referred to in article eight hundred and seventy-nine of the Civil Code, when the legacy consists of profits, interests or dividends derived from any property, the legatee should be considered as a usufructuary until he becomes of legal age. "In case a legacy of usufruct is made in favor of a juridical person, the legatee shall pay seventy-five per centum of the tax and the remaining twenty-five per centum shall be paid by the owner of the naked title of the property."