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CA 466 Section 230

Stamp tax on powers of attorney.

Section 230

SEC. 230. Stamp tax on powers of attorney. — On each power of attorney to perform any act whatsoever, except acts connected with the collection of claims due from or accruing to the Government of the United States, the Government of the Philippines or the government of any province, city, or municipality, there shall be collected a documentary stamp tax of twenty centavos; Provided, however, That on each power of attorney which authorizes another to administer, sell, lease, or otherwise dispose of the property of a principal, there shall be collected a documentary stamp tax of forty 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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