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CA 466 Section 216

Section 216

SEC. 216. Stamp tax on bank checks, drafts, certificates of deposit not bearing interest, and other instruments. — On each bank check, draft, or certificate of deposit not drawing interest, or order for the payment of any sum of money drawn upon or issued by any bank, trust company, or any person or persons, companies or corporations, at sight or on demand, there shall be collected a documentary stamp tax of two centavos.

Read the full instrument → · Open the chapter this section belongs to: TITLE VI - Documentary Stamp Tax →

Source: Official Gazette of the Republic of the Philippines — Philippine laws are public documents (works of the government).

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